GO
Loading...

Democrats Reaping Benefits From A "Reversal Of Fortunes?"

Friday, 9 Nov 2007 | 3:16 PM ET

Of all the numbers in our NBC-WSJ poll, this one really stood out for me: among voters in the highest income group--those earning more than $100,000--they want a Democrat to win the White House next year by 48 percent to 41 percent.

In other words, throw old ideas about who's the party of the rich out the window. Partly because of Iraq, partly because of President Bush's style and record on other issues, and partly because of the agenda favored by working class conservative Christian Republicans, affluent Baby Boomers are lining up behind Democrats and filling their coffers with contributions.

That's what lies behind the remarkable fact that. Democratic presidential candidates have raised MORE than Republicans in the 2008 campaign. That was the subject of my Political Capital piece on "Street Signs" today. Here's the video.

Not Your Father's Democrats
The financial fuel for political campaigns is coming from surprising sources - Wall Street and wealthy neighborhoods across the country, reports CNBC's John Harwood

Questions? Comments? Write to politicalcapital@cnbc.com.