Afraid that scandal-alluring Hillary Clinton may prove too flawed a presidential candidate, some Democrats are talking to billionaire and former three-term New York City Mayor Michael Bloomberg about a 2016 presidential run.
Mrs. Clinton’s “slide is accelerating,” writes New York Post columnist Michael Goodwin. “A damaging new poll goes to the Achilles’ heel of her candidacy: People simply don’t trust her.”
Goodwin gushes, instead, at the “intriguing” possibility of Mr. Bloomberg.
“Wall Street wants Michael Bloomberg to run for president,” reports Business Insider, “but the billionaire isn’t budging.”
And for good reason. He can’t win.
It’s not just me saying so; it’s Michael Bloomberg himself. Last year, he told CBS Face the Nation that he’d consider running . . . “If I thought I could win.”
His honor should know, having spent more of his own money chasing public office than any person in American history.
Why did incumbent Mayor Bloomberg have to spend so much dough? He double-crossed voters on term limits. Bloomberg promised to oppose city council attempts to weaken the limits, but flipped to grab a third mayoral term for himself.
Voter anger “over his maneuver to undo the city’s term limits law,” reported The Times, became . . . well, a big problem. “To eke out a narrow re-election victory over the city’s understated comptroller, Mayor Michael R. Bloomberg spent $102 million of his own money, or about $183 per vote,” explained the New York Times in 2009, “. . . making his bid for a third term the most expensive campaign in municipal history.”
A similar price tag in a presidential race stands at roughly $23 billion. That’s a lot for anyone.
This is Common Sense. I’m Paul Jacob.