The more I see of the Republican race for U.S. Senate, the more I’m convinced that State Senator Joni Ernst will win the GOP nomination, barring some major gaffe or new revelation about her record.

Three reasons are after the jump.

Mark Jacobs officially launched his campaign for Iowa’s open U.S. Senate seat today. I’ll post a roundup of news clips and early thoughts on his strengths and weaknesses tomorrow.

First, I want to highlight the biggest reason Jacobs will be a serious contender for the nomination: the poor fundraising by other declared Republican candidates for Senate.