By All Means Mr. Bloomberg, Run For President.

On the news that another billionaire is potentially entering the Democratic Primary.

Lauren Martinchek
Nov 8 · 3 min read
Photo of Michael Bloomberg via The Hill

Of all the words one could use to describe the 2020 democratic Presidential primary, chaotic might fall in to the mix. One year out from the election and only a few months away from the Iowa caucus, the number of candidates running still remains in the double digits. While three clear front runners have solidified their position in the lead, news recently broke that a potential new candidate thinks that he might want to begin a campaign of his own.

According to The Hill:

“Former New York City Mayor Michael Bloomberg has opened the door to entering the crowded 2020 presidential race, arguing the current field of Democratic candidates “is not well positioned” to beat President Trump.

…The New York Times and other news outlets earlier on Thursday reported that Bloomberg, 77, was preparing to file paperwork this week to declare himself a candidate in the Alabama presidential primary ahead of the state’s filing deadline Friday.

A Bloomberg adviser said the former mayor and billionaire businessman has been privately mulling a White House bid for weeks and has not yet made a final decision.”

Should Michael Bloomberg decide to enter the race, with an estimated net worth of $52 billion he will join Tom Steyer as the second billionaire to throw their name in to the mix.

As infuriating as it is to see these billionaires buying their way in to an election, it’s almost amusing to think of these men with such a grandiose self image that they really believe they’re the answer to America’s problems in an era with so much heightened awareness about what the rich have been getting away with for decades.

It’s incredibly satisfying to see these billionaires so terrified at the thought of Bernie Sanders or Elizabeth Warren actually winning, that they’re panicked enough to run themselves. Clearly they no longer see Joe Biden as a viable alternative, and would rather muddy the waters than see the base rally around the two leading progressives who expect them to pay their fair share.

Of course, none of this has anything to do with beating Donald Trump, as he claims it does, and there’s no chance he actually believes he has a chance at winning. Instead, this has everything to do with a sense of entitlement, and beating Warren and Sanders. It speaks volumes about the mindset of the top one percent, and how they’re willing to flirt with fascism with the intent of splitting the democratic base all because they don’t want to pay a wealth tax. But frankly, I can’t even be upset about it.

By all means Mr. Bloomberg, run for President.

At the end of the day, it won’t be Warren or Sanders that he takes votes away from. I can almost guarantee that should he officially decide to run, the only thing that Mr. Bloomberg will succeed in doing is getting maybe three percent in the polls, and weakening the campaigns of Joe Biden and maybe Pete Buttigieg as well.

If he thinks that spending his money on a run of his own will stop Warren and Sanders, then I’m more than happy to watch him waste it knowing it will only help the left in the long run.

At this stage in the game, I’d be shocked if Mr. Bloomberg to generates much from the base other than annoyance at the very idea that he’s running.

Dialogue & Discourse

News and ideas worth talking about. Fundamentally informative and intelligently analytical.

Lauren Martinchek

Written by

Lauren is a writer & leftist with analysis on topics related to politics & policy. She can be reached at LaurenMartinchek@gmail.com or Twitter @xlauren_mx

Dialogue & Discourse

News and ideas worth talking about. Fundamentally informative and intelligently analytical.

Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch
Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore
Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade