Trump launches campaign machine with massive war chest, despite polling lag

When President Trump speaks in front of some 20,000 people Tuesday night at a jam-packed arena in Orlando, he’ll formally kick off his 2020 re-election campaign.

In reality, the president’s bid for a second term in the Oval Office has been underway for as long as Trump’s been in the White House. And compared with his 2016 campaign, the 2020 edition -- thanks to the power of the incumbency and a massive war chest -- is in a whole different (big) league.

Highlighting the enthusiasm on the ground, Trump and...