Bloomberg Launches Bid for 2020 Presidential Nomination

As the race for the White House heats up, Michael Bloomberg just went all in.

While he has an uphill battle this late to the game, he says, “We cannot afford four more years of President Trump’s reckless and unethical actions,” he said on his site. “He represents an existential threat to our country and our values. If he wins another term in office, we may never recover from the damage.”

Touting his experience as the Mayor of New York, he’s promising “to rebuild the country and restore faith in the dream that defines us,” while vowing to raise taxes on the wealthy, expand health insurance coverage, and take action on guns and climate change, as highlighted by CNBC.

President Trump doesn’t seem too concerned, though. 

“There’s nobody I would rather run against than Little Michael,” Trump has said, adding Bloomberg doesn’t have the “magic” to run a successful campaign, as highlighted by CNBC. 

In addition, according to the Associated Press, “Bloomberg has declined to embrace Medicare for All as a health care prescription or the ‘Green New Deal’ to combat climate change, favoring a more pragmatic approach.”

And, apparently, he has some heavyweight investor support.

Billionaire Leon Cooperman says he’s a “huge fan” of Bloomberg. “Unless he changes his stripes, he will have my unequivocal support,” as quoted by Business Insider.  

Even Warren Buffett has noted, “”He and I disagree on some things, but I think that he knows how to run things. I think that he’s got the right goals for America, he understands people, he understands the market system, and he understands the problems of people that don’t fit well into the market system.”

From here, it’ll be interesting to see what happens next.

Among the candidates, who do you believe has the best chance of winning the White House?