That's the headline at ABC, and I think it fails to capture the dynamics of the relationship between the fundraising and the rate of spending. I can't do the math myself, but let me see if I can get you to do a problem for me.
Trump raised $36.7 million in July, after raising $20 million in June, and $3 million in May. So there's a path of increase in money-raising.
But Clinton raised more money in each of those months $52.3 million in July, $36.4 million in June, and $26.4 million raised in May. Her money-raising is increasing too, but not at the same rate.
Then there is the rate of spending, reflected by how much cash is left on hand: Trump has $38 million and Clinton has $58.5 million. And we also know that Clinton spent $38.2 million in July while Trump spent $18.5 million.
Can you use those numbers to say some sophisticated things about whether Trump has caught up to Clinton? I'm sorry I can't do my own math, but I can at least see the application for math here. My intuition says that Trump actually has caught up — more than caught up — if the numbers are understood realistically. Thanks in advance for helping me explore this intuition.