In the midst of post-debate turmoil within the Democratic Party, there is a glimmer of hope for President Joe Biden as he seeks to tap into anti-elite sentiment among small donors. If he can successfully rally this base, he may find himself in the esteemed company of populist politicians like Senator Bernie Sanders and Representative Marjorie Taylor Greene, who have both leveraged perceived mistreatment by the establishment to generate significant waves of cash from small donors.
According to Richard H. Pildes, a law professor at New York University, high-intensity moments can trigger a flood of small donations fueled by anger, resentment, and outrage. This conflict between the Democratic Party’s base and large elite donors is becoming increasingly apparent, as small donors continue to play a crucial role in shaping political landscapes with their grassroots enthusiasm and sustainable contributions.
Eitan D. Hersh, a professor of political science at Tufts University, notes that small donors often give from the heart, contrasting with bigger donors who donate more strategically. The shift towards small donors may prove to be beneficial for Biden’s campaign, as they demonstrate their support through modest contributions that speak volumes about their dedication to the cause.
Carol L. Hamilton, a member of Biden’s national finance committee, emphasizes the importance of these supporters who may not be high-dollar donors but are equally invested in the future of the country. Their contributions, whether $5 or $25, serve as a powerful statement of support for President Biden and his candidacy.
In a political landscape fraught with division and discord, the influence of small donors cannot be underestimated. As Biden navigates turbulent waters, his ability to harness their support may prove to be a crucial factor in his bid for re-election.
