(Image Source: Talking Points Memo)

BY ALLIE SPILLYARDS

The 2012 Presidential election is still months away --
But analysts are already crunching the numbers.
The dollar-sign kind of numbers.
And many politicos say President Barack Obama is sitting pretty after this announcement.

PRESIDENT OBAMA’S CAMPAIGN MANAGER: “Globally we raised more than 86 million dollars. More than 47 million for Obama for America and more than 38 million for the DNC.”

Not all of the candidates have released their fundraising numbers yet-- those are due on Friday. But most expect Obama’s results to dwarf his opponents. A blogger for the Washington Post writes...

“The fact that Obama just set a record makes it harder for the Republican field to argue that its lackluster fundraising is solely a symptom of the lagging economy. It makes it look more like donors are either uninspired, keeping their powder dry, or both.”

But the Obama camp isn’t declaring a W just yet. According to The New York Times...

“The president’s campaign is bracing for a bruising re-election battle that will be waged in part by outside groups, like Crossroads GPS, a conservative group that counts Karl Rove among its advisers... Those groups are expected to raise hundreds of millions of dollars, in part because they are allowed to raise unlimited amounts of money directly from corporations.”

But a blogger for the Hill wonders-- has Obama’s fundraising peaked?

“Whether fundraising picks up from here is uncertain. [Campaign Manager Jim] Messina set expectations low, saying the campaign is prepared to experience a summer lull that could affect its bottom line in the third quarter...”

But no matter how much dough the President brings in-- a writer for the Christian Science Monitor says, it’s not those numbers that matter.

“In the end, the state of the economy will be the top factor in determining whether Obama wins reelection – not how much money he raised or how many people donated.”

According to the New York TImes, the money Obama’s campaign raised is for the primaries and general election. That money can’t be spent until he is formally renominated next summer.