What Perry’s fundraising shows, his backers argue, is that he’s the only conservative candidate in the race with the resources to compete against Mitt Romney over the long haul. In other words, he can spend his way out of his current predicament. And while Perry has likely lost his chance to run away with the Republican presidential nomination, his eye-opening cash haul — collected in just 49 days — suggests he may yet be able to wrest it from Romney in an expensive, bruising nomination fight that drags on into spring. “He is going to have the resources to run...