Does money matter? Is Bernie broke? [View all]

[Sancho]

http://www.dailynewsbin.com/opinion/despite-claims-on-cable-news-bernie-sanders/23987/

Bernie Sanders has already spent up his February haul, has a few million dollars left at most

It is factually correct that Bernie Sanders raised around $42 million during the month of February. But that was when most people were under the impression that he was a contender or even a frontrunner, because that’s what cable news had spent the past six months inaccurately telling them. Democrats supported Bernie, and donated to him, because they thought he could win. What the pundits on television keep failing to mention is that he’s already spent most of his February money on his failed Super Tuesday gambit. And now that the nation can see he’s not competitive, there will be far less money coming in.

Here’s the real math on how campaigns work: of the $96 million total sum that the FEC says Bernie Sanders had raised prior to February, he had already spent $82 million of it, leaving him just $14 million cash on hand on February 1st. His pattern so far has been to spend most of his money as it comes in, which all campaigns must do when they’re behind and trying to catch up.

And this was back when he only had to lay out advertising dollars in the one early state that would be voting at a time, not eleven Super Tuesday states simultaneously. In an attempt to make a comeback, Bernie ran wall to wall national

Frankly, I don't understand Bernie's use of dollars. For example, registration for a closed primary was over in Florida weeks ago, and many have already voted by mail. Why run ads here for the first time this last week in an expensive market?

No matter, Bernie appears to have outspent Hillary in several primary markets and it didn't help him on Super Tuesday. The next few weeks are more expensive, and he is further behind in the polls. Bernie has not faced attack ads of any consequence yet. His effort appears to be in trouble now. Out of money, behind on everything (polls, endorsements), and no way to get traction outside of a few rural, mid-western states.