The Donor Battle

Mike Murphy suspects that last night's debate damaged Pawlenty's fundraising operation:

Right now there is a fierce underground battle being waged over high dollar campaign donors. If you can’t raise money now, before the voters care, you will not have the resources you need to communicate with them when they do tune in. … For lesser known candidates like Tim Pawlenty this can create a cruel feedback loop; you need money to buy your way up in the polls, yet without good poll numbers it is very hard to raise money. Early debates are important because if you get good media reviews, you can aggressively peddle those to old and new donors to raise money.