According to the Washington Post -- and Ken Mehlman -- Democrats are competitive with the Republicans in fundraising this year because of the internet:
RNC Chairman Ken Mehlman, whose committee has seen a 10 percent fundraising drop, compared with 2004, said Internet fundraising has allowed Democrats to reach a new group of liberal donors and narrow the GOP's edge with individuals. But he said his party still holds a solid financial lead because of money raised by state parties.It's a whole new world.
Still, the trends at the national level are diminishing what in past years has been a powerful GOP asset: the ability to overpower opponents with expensive television advertising and voter-mobilization campaigns in House and Senate races.