Two national polls - Gallup and Newsweek - nearly agree that Obama now leads John McCain in national polling by about 15%. This substantial lead seems consistent with what many see as Obama's huge popularity in the face of McCain challenges with image and with associations with the unpopular Bush presidency.
Adding to McCain's concerns is the fact that Obama appears to be on the verge of amassing the greatest war chest in presidential history, where even a modest level of contributions from existing supporters will give Obama over $200,000,000 to fight McCain who is unlikely to see much more than half that amount in my view. Soft money may prove to be more important in this election however, and in that department the Republicans can draw on the larger average incomes and give amounts far exceeding the 2300 maximum for personal contributions.
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