I’m told that that number will be “at least” $11.3 million, and could go a little north of that. I’m told that would make his “burn rate”—i.e., the percentage that he has spent of the money he has raised—51%. The $11.3 cash on hand would be in the ballpark of what McCain raised in the quarter. Also, a source in the Romney camp provides some historical background by way of showing that 51% is a very respectable burn rate. Bush was a champion at frugality, with just a 35% burn rate in the first three quarters of 1999. Of the other candidates in the same time frame in 1999, Forbes had a 100% rate, McCain 85%, and Dole 91%.  In the first three quarters of 2003, Dean had a rate of roughly 50%, Edwards 66%, Kerry 53%, and Lieberman 65%. ~Rich Lowry

So there should be no worries for Romney, except that all but one of the aforementioned candidates failed to win the nomination and most of them were reduced to being bad punchlines before it was all over.  The one who won the nomination was, of course, Kerry, the man Romney is so terrified of being compared to that he has made Francophobia one of the central planks of his platform.  I await evidence that my assessment of Romney as an “overfunded joke candidate” is mistaken.