Former New York Mayor Michael Bloomberg’s late entry into the 2020 race may be bad news for one of the Democrats’ frontrunners.
CNBC reports that many pundits believe Bloomberg will take votes away from former Vice President Joe Biden, making it easier for the likes of Sens. Elizabeth Warren (MA) and Bernie Sanders (VT) to come away with the Democrats’ nomination.
Bad news for Biden
Among those to lend support to the notion that Bloomberg will hurt Biden’s chances is David Brooks, a columnist for The New York Times.
“I think the happiest person tonight has to be Elizabeth Warren,” Brooks told PBS. “The entrance of another moderate into the race has to dilute the moderate vote. It has to make it more likely that Warren and Sanders will be the nominee.”
Warren and Sanders, of course, are anything but moderate. Both support extreme measures like “Medicare for All” and wealth taxes.
Thus, if Bloomberg is indeed popular with the moderate crowd — as Biden is — then his entry could indeed hurt the former vice president.
President Donald Trump also suggested that Bloomberg could hurt Biden’s chances in remarks he made to the press Friday about Bloomberg’s possible entry into the field.
“If If he did [run], I’d be happy,” Trump said, according to the BBC. “There is nobody I’d rather run against than ‘Little Michael,’ that I can tell you.
“I’ve known Michael Bloomberg for a long time,” Trump continued. “You go back early on, he said a lot of great things about Trump. But I know Michael. He became just a nothing. He was really a nothing. He’s not going to do well, but I think he’s going to hurt Biden, actually. But he doesn’t have the magic to do well. Little Michael will fail.”
All of this speculation has resulted from Bloomberg’s decision to file paperwork on Friday to enter the 2020 presidential primary in Alabama. But just because he filed does not mean that Bloomberg has indeed entered the race.
In fact, Bloomberg has still not officially announced a campaign.
It will be interesting to see how the Democratic field is impacted should Bloomberg officially join. But if Brooks and Trump are right, then Biden is probably hoping that Bloomberg stays on the sidelines.