Billionaire Bloomberg Is Proving No Amount of Advertizing Can Sell a Flawed Product
Bloomberg has spent close to $450 billion over less than two months on his armchair “campaign” for the Democratic presidential nomination. The result of this appalling financial juggernaut, after a short pop into double digits in the pools is pretty dismal.
Bloomberg’s polling numbers have plateaued and even sunk in some primary states, and so far haven’t dented Bernie Sanders stunning rise. It’s likely, according to some reports, especially if Sanders wins or ties Biden in South Carolina, that Sanders will coast through with wins in almost all the 14 primaries on Super Tuesday, after which he’ll be well positioned to win the Democratic nation with a first ballot victory, relegating the dreaded Superdelegates representing the party’s fossilized neoliberal Establishment to the dustbin of history.
Bloomberg’s spending is likely to continue a while. He had been talking about spending as much as $1 billion of his $62 billion in net worth, on his presidential ambition, and at least until recently, had said he would be willing to put $1 billion after the convention into backing whichever candidate wins the nomination, although lately, he seems to be ready to start spending his money on negative advertising trashing Sanders, which would seem to preclude his supporting the same guy if Sanders, as seems increasingly likely, ends up being the party’s nominee.
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If Bloomberg seriously wants to oust Trump from the White House, he should withdraw from the race now. He clearly cannot win the Democratic nomination without stealing it from Sanders via a second ballot vote including the Superdelegates he buys, and that will lead to so many people staying home on Election Day that he’ll go down to defeat no matter how much of his stash he spends.
If he withdraws, Sanders will cruise to victory in July.
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