Mike Bloomberg Drops Out of 2020 Race, Endorses Biden

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Billionaire Michael Bloomberg drops out of presidential race, endorses Joe Biden

Money can’t buy you happiness, love or class, but billionaire Michael Bloomberg made a $600 million bet that it could buy him the Oval Office.

As the party’s establishment and other former presidential hopefuls, including Sen. Amy Klobuchar of Minnesota, former South Bend Mayor Pete Buttigieg, and ex-congressman Beto O’Rourke, coalesced in support of Biden as the best candidate to win the nomination and defeat President Donald Trump in November, Bloomberg’s alternative candidacy lost its sheen as the sensible alternative to Sanders.

His Super Tuesday was underwhelming from the start. Fans who gathered at his West Palm Beach election night headquarters cheered wildly at the news he had won the primary in American Samoa. Bloomberg’s supposed allure as the competent, calm-headed “un-Trump,” as he described himself in stump speeches and a deluge of advertisements on television, radio and even via social media influencers, largely evaporated after a dismal debate appearance where Americans who largely knew of Bloomberg as a successful business leader and anti-soda activist finally met the man that New Yorkers had known for years: a cranky, imperious black hole of charisma.

 

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