According to a BuzzFeed analysis of campaign finance data, 88% of the people who gave $200 or more in 2008 — 537,806 people — have not yet given that sum this year. And this drop-off isn’t simply an artifact of timing.
A full 87% of the people who gave $200 — the sum that triggers an itemized report to the Federal Elections Commission — through April of 2008, 182,078 people, had not contributed by the end of last month.
There are two kinds of Whither Obama Donor stories we've seen this cycle -- the BuzzFeed one suggests something about enthusiasm; not preference. After all, most in the story still plan on voting for Obama.
The other kind of Whither Obama Donor story is even more troubling for Obama -- it's the kind that details Wall Street migrations from Obama in 2008 to Romney in 2012. That's not just a problem of enthusiasm. It's an evolution from enthusiasm to outright hostility and represents an even more serious threat.