Obama's Fundraising Efforts Dwarfed by Romney's

For reasons that we can only speculate on, it would appear as though Barack Obama's tax the rich campaign strategy is proving to be less financially successful than Mitt Romney's tax everybody else plan…

President Barack Obama and the Democratic National Committee raised $75 million in July for the president’s re-election campaign.

The total was well below the $101 million that GOP rival Mitt Romney and the Republican National Committee raised last month. July is the third straight month that Romney and the Republican Party have raised more money than Obama and the Democratic Party.

This is the kind of statistic that we'll no doubt be unpacking for years to come.

Photo by Olivier Douliery-Pool/Getty Images News/Getty Images

Tags: Barack Obama, Mitt Romney, Money, Taxes