|Obama received his 1-millionth donor on Monday.|
NEW YORK ( TheStreet) -- The Obama campaign touted its 1-millionth donor, but still has a long way to go to secure the some 45 million votes likely necessary to win the 2012 presidential election. President Barack Obama's campaign camp began to hype its 1 million supporters last week when it added a ticker to track donor count at the top of barackobama.com. A post on the Web site said it was done to show the campaign was "built only by us, accountable only to us."
"It's a testament to the grassroots strength of this organization, and to the hard work that's already happening in communities and neighborhoods across the country," a post by "Mary" said. Obama's 2012 campaign has pushed its 1 million donors because of a couple reasons: First, it really is an impressive number of donors; second, he's struggling to raise funds among the Democratic base that drove him to the historic 2008 win. "Where his numbers are coming down are among Democratic-base voters ... The $5 question is where will they be a year from now?" Jim Denton, a Republican political consultant, told TheStreet. "The answer is: They may not vote." Denton said that Obama's ability to motivate his small donor base was tremendous -- a point that the Obama campaign has publicized. "The fact of the matter is you get to a million donors, that's pretty good, but I remind you that you probably need to get to about 45 million voters in order to get reelected," Denton said. The Obama campaign won't be stuck on the 1-million-donor message for much longer as the real goal and the stated objective is to raise funds of $1 billion. Mitt Romney's campaign is confident the president will reach that $1 billion mark. "We know that President Obama and his political machine will raise a billion dollars to hold onto power ... he is going to need it," Andrea Saul, Romney spokeswoman, wrote TheStreet in an email. "But they cannot hide behind their billion-dollar campaign when President Obama has overseen the worst economy since the Great Depression."
Maybe that's true, but who's to say that Obama can reach $1 billion in this economy? It's a difficult number to attain as most voting Americans have struggled to make their own ends meet with 9.1% unemployment. "I've never seen a presidential candidate raise that kind of money," Denton said. "He's going to have some serious problems getting to that point, part of it is economy based." -- Written by Joe Deaux in New York. >To contact the writer, click here: Joe Deaux. >To follow the writer on Twitter, go to: http://twitter.com/JoeDeaux.