Michael Bloomberg Is Bad for Democracy

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Michael Bloomberg Is Bad for Democracy
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'His upward trajectory is poised to show that a man who made his obscene fortune on Wall Street can influence elections not just behind the scenes, but at center stage.' –SatansJacuzzi

That’s having an impact on other campaigns, even at the local level.this month, Bloomberg is eating up the supply of advertising time in several states, contributing to a major hike in ad prices as other candidates compete for whatever time is left.

While Bloomberg isn’t solely responsible, it’s notable that the cost of running a TV spot has spiked by 20% on average since Bloomberg launched his campaign, and Houston has seen those prices surge by 45%.how billionaire former Starbucks CEO Howard Schultz could potentially be a wrench in the 2020 campaign by running as a centrist independent with the power to self-fund his entire campaign.

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