The writing is on the wall for the Democrats. It may get ugly.
Because a radical Leftist calling it quits is making Joe Biden sweat bullets.
The Atlanta Journal-Constitution reports that Fair Fight, the nonprofit organization founded by former Georgia gubernatorial candidate Stacey Abrams, is reportedly laying off most of its employees.
Fair Fight, which Abrams established to challenge what she saw as voter suppression in Georgia, would be drastically cutting its operations and firing off 75% of its employees, according to the AJC. The AJC also reports that the group has $1.9 million in cash on hand but is in a whopping $2.5 million in debt.
The group is dealing with a “serious funding deficit that makes our current trajectory unsustainable,” according to board chair Salena Jegede.
Abrams’ group hasn’t always struggled with finances.
In its first three years of existence, Fair Fight raised almost $100 million, according to the AJC. A political commercial for Stacey Abrams was even shown during the 2019 Super Bowl by Fair Fight Action.
After the 2020 election season, Abrams’ organization seems to have started to go south.
Tax returns show that by the end of 2020, Fair Fight Action’s net assets were above $21 million. By 2021, the number had fallen to little over $3.4 million, according to tax records, and by 2022 it had fallen to around $1.5 million.
According to the Washington Free Beacon, Fair Fight Action was recently ordered by a judge to pay around $231,000 in legal expenses following its loss in a long-running litigation in Georgia that claimed voter suppression. Tax records show that between 2021 and 2022, Fair Fight Action spent over $25 million on legal fees and damages, including compensation for Georgia’s baseless accusations.
The majority of the funds collected by Fair Fight went straight to Stacey Abrams and her closest allies.
Tax records show that out of the millions of dollars spent on legal costs by Abrams’ organization from 2021 to 2022, over $9.4 million went towards the law firm of Lawrence & Bundy, where Abrams’ former campaign chair, Allegra Lawrence-Hardy, is a partner.
The AJC reports that, according to disclosures, Fair Fight spent $2 million in staff hours supporting Stacey Abrams in her second bid for governor and gave $1.5 million to a pro-Abrams political entity.
Fair Fight Action was accused by an ethics watchdog of violating federal law when it diverted its attention from its declared objective of safeguarding voting rights to advancing Abrams’ political career. The watchdog had already filed an IRS complaint with equivalent allegations.
In response to the shift in the democratic struggle, board chair Jegede announced plans to reorganize the group with an eye on better serving voters in Georgia and throughout the United States in the upcoming 2024 election and beyond.
This news is sending shockwaves throughout Democrat circles, signaling that there may be serious problems that the Democrats will have heading into the 2024 general election season.
A general lack of enthusiasm by a voting base is enough to sink a campaign. Every candidate needs voter enthusiasm for funding and for voting day turnout.
It’s entirely possible that we’re seeing the Democrat base completely fed up with the state of the nation with Joe Biden at the helm. Biden running for a second term is going to be no help in trying to turn around the Democrat base’s low morale.
That’s particularly bad news for Joe Biden and company in Georgia because Georgia has become a purple state that is up for grabs every presidential election season now. Though Biden “won” Georgia in 2020, polls suggest that it’s likely that Trump would win the Peach State once again. Most surveys have pinned Trump to be leading Biden by about five to eight points.
All signs point to Democrats being in serious trouble in 2024, at this time. Sure, anything can change. But Donald Trump and company are sitting pretty just counting down the days until November rolls around.
Stay tuned to the DC Daily Journal.