Kamala Harris: I’m Not a Billionaire
on Tuesday, December 3, 2019Kamala Harris Money Quote saying that fundraising barriers have led to the suspension of the presidential campaign today. Kamala Harris said:
“I’m not a billionaire. I can’t fund my own campaign. And as the campaign has gone on, it’s become harder and harder to raise the money we need to compete” — Kamala Harris
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In this quote, Kamala Harris is explaining one of the challenges faced in running for president as someone who is not independently wealthy. She notes that unlike billionaire candidates who can self-fund their campaigns, she relies on donations from supporters to finance her bid for the White House.
Harris implies that as the campaign progresses and more money is needed for advertising, organizing events, paying staff etc., it becomes increasingly difficult to raise the large sums required to truly “compete” or be on equal footing with candidates who can draw on vast personal fortunes.
Her message conveys that the current political financing system puts non-billionaire candidates seeking office at a disadvantage unless they can attract substantial donations from the public to match the self-funding power of very wealthy individuals.