Bloomberg’s billionaire campaign is working

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Bloomberg’s billionaire campaign is working
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Bloomberg’s billionaire campaign is working via rickjnewman

He’s a latecomer. An interloper. A carpetbagger. If Mike Bloomberg weren’t richer than god, nobody would be paying any attention to him.

Bloomberg is dwarfing the spending of everybody else in the race—including President Trump. The New York billionaire has bought at least $217 million in ad spending so far, compared with $116 million for all the other Democrats combined, except for Tom Steyer, who has spent $143 million of his own money on his campaign. Trump has spent $50 million.

Several Democrats, including Bernie Sanders and Elizabeth Warren, are trying to buck that trend this cycle, relying solely on small-dollar donations. But that would put each at a huge disadvantage to Trump, who is accepting corporate funding and other large donations. Warren has raised big money before, and is a recent convert to small-donor funding.

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