Donors slow down as realization hits Trump can’t beat weak Joe Biden

A battered version of the typical big GOP donor is a fat Wall Streeter smoking a cigar between rounds of golf at the Greenwich Country Club. In fact, the men and women of the Republican fundraising machine are certainly successful, but they are different. Many of them are from Wall Street; they also run a small business in Dallas or are entrepreneurs living in Miami looking for a new business.

And yet, based on my random poll of recent weeks, they all have one thing in common: they don’t want Donald Trump to run for president in 2024. They say this not out of pure disdain. They liked Trump’s policies, low taxes, fewer rules, and his anti-rioting. They liked Trump’s willingness to fight.

However, they strongly fear that even a weak leader like Joe Biden, intimidated by the left in his party on all matters of politics, will win in 2024, and win easily if Trump is the nominee.

Watching the Biden administration in action and what went wrong in the midterms, it’s hard to argue with their logic and fears. We’re not just talking about higher taxes and the soft political correctness of Bill Clinton or even Barack Obama. Over the past two years, Biden has pushed the country further to the left than any other president since Roosevelt Roosevelt or the LBD.


Joe Biden
Many polls show Biden ahead of Trump in 2024.
Getty Images

He hopes to forgive student loans, introduce Wakeism to the army, and spends money endlessly. Biden’s election to key regulatory positions is a hodgepodge of academics and left-wing activists. Billionaire leftist George Soros applauds how Biden is consolidating control over the US economy because Soros’s socialist fingerprints can often be found in virtually every choice.

It sounds dystopian, but as the country is forced to move to the left, the Republican Party is unable to stop it, which is another complaint from the donor class. The Republicans lost in the midterm elections to the Democratic Party, led by a president who was perhaps the most intellectually weak in the history of the Republic.

Biden is often ridiculed for his lack of intelligence. His policies have dishonored the nation, from a border crisis to a failed withdrawal from Afghanistan, to trillions of dollars of unnecessary financial spending that set off an inflationary spiral, and a crippling tax on the working class.

His approval ratings suck. Yet the Democrats have kicked some ass by increasing their majority in the Senate and nearly retaining the House of Representatives. The GOP disaster ended in a circus surrounding the selection of Kevin McCarthy as the next speaker.

Is Donald Trump to blame? The GOP donor class thinks so because while he remains powerful among many GOP voters, he is a supremely flawed national leader, as every election since he became president in 2016 has shown.


Migrants line up near the border fence.
Biden has been criticized for his handling of the migration crisis.
REUTERS

What initially made Trump so attractive to the party, broad sections of the electorate, and donors, was that beyond his politics, he was unconventional, outsider, populist, and original. He didn’t read the establishment script.

What makes him so unattractive now: He has become too predictably crazy and politically toxic.

Of course, Trump has always had white spots, including a habit of saying whatever comes into his head. However, the most recent version of Donald is a man hell-bent on doubling down on his fraught traits that won’t please most voters, including those inclined to stop progressives in their tracks.


Ron DeSantis
Ron DeSantis leads Trump in almost every poll.
Getty Images

Leader vacuum

Recall, while the country was looking for stable leadership in the early stages of COVID, its tortuous and at times pointless press conferences. His economic prescription was to keep pumping money into the economy even at the end, when it probably wasn’t needed as the pandemic subsided. Many of these fraudulent government checks you read about were made from money handed out to him in his last year in office.

Worse, when the country was largely locked down and in need of a leader, he allowed a cryptographer like Joe Biden to fill the vacuum.

When he left the White House, he did little to change the perception that he was unsustainable and unsuitable for the position. Trump immediately launched a strange jihad against Georgia Gov. Brian Kemp, a rising star in the Republican Party, as his recent re-election has shown, all because Kemp did not support the fantasy of a Trump victory in 2020.

Don’s denial of his own defeat, the January 6, 2021 riots, his encounters with misanthropes like Kanye, his support for all those terrible intermediate candidates who lost, reinforces the belief of GOP fundraisers that Trump is too crazy and toxic to win. 2024. they tell me.

They also tell me that the solution is at hand in Ron DeSantis. Like Trump, he’s a populist (look at how he took a stand against Disney), but not enough to alienate the Wall Street mob he courted for most of the year. He even ticks one box that Trump doesn’t and can’t: he’s behaving eminently normal.

In recent meetings with senior Wall Street executives and other donors, the Florida governor has made it clear he is ready to run for president, fearing he could miss his window of opportunity if he waits. He also, I was told, expressed some hesitation about getting into an unpleasant primary battle with Trump.

It’s a pity, because the people who donate money – especially those from the entrepreneurial class of the Republican Party – don’t do it lightly. They made money by spending it when and where it mattered for optimal economic benefit.

And they don’t want to spend it on Donald Trump, I’m told, because even against Sleepy Joe in 2024, it’s probably a waste of money.

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texasstandard.news contributed to this report.

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