Welcome to 2020 Vision, the Yahoo News column covering the presidential race with one key takeaway every weekday and a wrap-up each weekend. Reminder: There are 11 days until the Iowa caucuses and 285 days until the 2020 election.Mike Bloomberg probably isn’t going to win the Democratic nomination for president. But he might beat Donald Trump anyway.
The second thing to know is that much of what the president says is shaped by projection — the tendency to project onto other people one’s own impulses and motivations, often as a defense against anxiety. Trump’s nicknames for opponents reflect this aspect of his personality: “Crooked Hillary,” “Lyin’ Ted” and so on.
Then, earlier this month, something changed. It wasn’t Bloomberg’s spending, which continues to dwarf the rest of the Democratic field. And it wasn’t Bloomberg’s poll numbers, which have improved but still hover around 7 percent nationally. On Jan. 10, NBC News reported for the first time that Bloomberg would “fund a sizable campaign effort through November, even if he loses Democratic nomination.”
Finally, on Jan. 18, Fox Business reported that “Wall Street executives who have spoken with Bloomberg campaign officials say they’ve been told that the former New York City mayor and billionaire businessman is prepared to spend as much as $2 billion” — emphasis added — “on either his own campaign or to help finance a Democratic nominee to unseat President Trump in the 2020 general election.
AndrewRomano
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