Obama’s small donors hold off on contributions

The Boston Globe reports:

They were once among President Obama’s most loyal supporters and a potent symbol of his political brand: voters of moderate means who dug deep for the candidate and his message of hope and change, sending him $10 or $25 or $50 every few weeks or months.

But in recent months, the frustration and disillusionment that have dragged down Obama’s approval ratings have crept into the ranks of his vaunted small-donor army, underscoring the challenges he faces as he seeks to rekindle grass-roots enthusiasm for his reelection bid.

In interviews with dozens of low-dollar contributors in the past two weeks, some said they were unhappy with what they viewed as Obama’s overly conciliatory approach to congressional Republicans.

Warren Buffett and his ilk will have to "contribute" more.