Bloomberg Drops Out, Commits His Endorsement (And Money) To Biden
Former New York City Mayor Mike Bloomberg dropped out of the Democrat presidential primary and endorsed former Vice President Joe Biden on Wednesday.
Mike Bloomberg spent over $600 million of his own cash on his failed effort, conceded that he no longer envisioned a path to his party’s nomination following a Super Tuesday flop.
Former New York City Mayor Mike Bloomberg suspended his presidential campaign Wednesday after a disappointing Super Tuesday performance.
The decision comes after the Democratic candidate won only the American Samoa caucuses. This, after spending more than a half of a billion of his own fortune on his 2020 bid — centered on a strategy of skipping the early-primary stories in favor of Super Tuesday.
He immediately announced he would be endorsing Joe Biden.
“I’m a believer in using data to inform decisions. After yesterday’s results, the delegate math has become virtually impossible – and a viable path to the nomination no longer exists. But I remain clear-eyed about my overriding objective: victory in November,” Bloomberg said in his statement.
And in backing the former vice president, Bloomberg emphasized: “I’ve known Joe for a very long time. I know his decency, his honesty, and his commitment to the issues that are so important to our country – including gun safety, health care, climate change, and good jobs.” More
— Mikeinca (@Mikeinca1) March 4, 2020
This was the single most epic fail in all of US politics. It was over the second he entered that first debate and his $500 million worth of ads were rendered futile within minutes.
I was expecting Gabbard or Warren to be the next one to fall. I guess even Billionaires find blowing their own money on a loser project too steep at some point.
— adziebart (@adziebart1) March 4, 2020