Bloomberg Invests Millions into Longshot Presidential Run

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Billionaire businessman Michael Bloomberg jumped into the 2020 presidential race less than two weeks ago. Why Bloomberg thinks he has a chance of winning the Democrat Party’s nomination, particularly this late into the game, remains a mystery to many people.

There are several factors working against Bloomberg, with one of them ironically being his billionaire status. The Democrat Party is on an anti-billionaire crusade; how many times have Elizabeth Warren or Bernie Sanders made statements professing that billionaires are all terrible people and responsible for the economic plights of the underclass? The timing of Bloomberg’s entry into this race also places him at a disadvantage.

Michael Bloomberg by Gage Skidmore, on Flickr

Michael Bloomberg” (CC BY-SA 2.0) by Gage Skidmore

However, despite the aforementioned factors and others, the billionaire businessman seems to think he still has a fighting chance. According to Breitbart News, Bloomberg is shelling out tens of millions of dollars just on ads alone in order to boost his campaign for the presidency.

Tens of Millions of Dollars on Bloomberg Ads

As a presidential candidate, Bloomberg aims to convince Democrat voters that he’s suited to defeat President Trump in 2020. In order to do this, the billionaire businessman is coughing up a pretty penny to ensure that Americans across the nation are forced to ingest his nauseating ads.

In Bloomberg’s ads, he talks about his business wins, work in philanthropic endeavors, and taking on gun owners. The 2020 Democrat furthermore rallies against “big tobacco” and “big coal” while admitting that his name isn’t on the ballot in states like New Hampshire, South Carolina, Iowa, and Nevada.

As Bloomberg shells out millions of dollars on ads, fellow 2020 rivals Elizabeth Warren and Bernie Sanders have accused him of trying to buy the election.

Why Bloomberg Won’t Win the Nomination

Tens of millions of dollars may be a drop in the bucket for someone like Michael Bloomberg, but at the end of the day, he’s not going to win the Democrat Party’s nomination. There is no real excitement or energy surrounding his campaign; moreover, he entered the race extremely late and is already rubbing Democrats the wrong way.

Michael Bloomberg by Gage Skidmore, on Flickr

Michael Bloomberg” (CC BY-SA 2.0) by Gage Skidmore

Bloomberg can throw around as much money as he wants on ads. It won’t change the fact that Democrats loathe billionaires and the DNC already has their sights set on their preferred nominee.

Do you think Michael Bloomberg stands even the slightest chance of winning the Democrat Party’s nomination? Let us know in the comments section below!