The Task Facing Joe Biden

.. he will have made things even more difficult for himself by not declaring his candidacy prior to last week’s Democratic debate, in Las Vegas. In almost any other country, it would be crazy to suggest that a candidate announcing his candidacy more than a year before Election Day had missed his or her chance. The United States is different, however.

.. The Clinton campaign and groups associated with it have already raised more than a hundred million dollars. Bernie Sanders, who relies largely on small donations, has raised more than forty million dollars. Ultimately, much of this money will go to media companies, in the form of paid advertising. At this stage, however, the main outlays are for building campaign organizations.