Bloomberg opens door to 2020 Democratic run for US president

Cheryl Sanders
November 10, 2019

Asked if Trump needs to change his approach, since Bloomberg, "another business guy", is entering the race, Grisham said no.

And if he were to launch a presidential campaign, it remains to be seen whether he could radically restructure the Democratic contest in less than three months before primary voting begins.

The billionaire media mogul, who has not formally confirmed his candidacy, filed the documents Friday to meet the deadline for submitting Alabama applications.

However, Michael Gray, the chairman of the Arkansas Democratic Party, said Mr Bloombergs wealth could make him an important wild card in the race. The move comes after days of rumors that Bloomberg would join the field of 16 other Democrats on the Alabama ballot.

Fifteen states and American Samoa vote in the March 3 contests, with almost a quarter of primary delegates up for grabs. Axios wrote that Bloomberg "increasingly became concerned that all the leading Democrats have weaknesses Trump could exploit in the general election".

Bloomberg, a Republican-turned-Independent who registered as a Democrat past year, has flirted with a presidential run before but ultimately backed down, including in 2016. And he is unlikely to be able, at this late stage, to establish himself as a serious contender in the early primary states, even if he is prepared to double Steyer's record spending.

For one thing, Trump only spent $66 million of his own money on winning the presidency - a large sum, but inconsequential in comparison with the $2.4 billion spent on the race in total. He endorsed Hillary Clinton in that race and, in a speech at the Democratic Party convention, pummelled Trump as a con who has oversold his business successes.

A Bloomberg adviser says the former mayor has not made a final decision on whether to run.

Bloomberg instead plunged his efforts and his money into gun control advocacy and climate change initiatives.

In a joint statement Friday, New Hampshire Democratic Party Chair Ray Buckley and Iowa Democratic Party Chair Troy Price praised the "many qualified candidates" already in the race.

Because Bloomberg allegedly perceived Warren's progressivism as a threat to American capitalism, and combined with Biden's weak fundraising and polling, he felt the need to announce he is planning to run for president.

"Little Michael will fail". The victor of the primaries and caucuses will then compete with President Trump in the November 2020 general election.

Warren responded to the news of the Bloomberg movement tweeting with a link that showed how much he would pay under his estate tax.

The former mayor of New York City is considering jumping into the race for the Democratic nomination after ruling out a run in March.

Presented with Mr Bloomberg as a hypothetical entrant into the primary, 32 per cent of Democratic primary voters said they would never vote for him and 6 per cent of Democratic primary voters said they would definitely support him. Wins there would give Biden momentum heading into the 14 Super Tuesday primaries, the memo states.

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