(THE FEDERALIST) -- There is very good reason to believe Michael Bloomberg isn’t actually running for president.
Of course, there is plenty of evidence to the contrary. For one, he declared he is. He’s also hired more than 1,000 staff and is still expanding, offering salaries far above campaign averages. This week, he became the first of the declared candidates to have campaigned in all 14 states of March 3’s Super Tuesday primary battle, and he’s spent a quarter billion on political advertising so far. All would point toward Bloomberg indeed running for president.
But here’s the snag: He wanted to do all of this anyway. Everything, that is, but the declaration bit. That, he was loathe to do. But the staff, the ad spending, the campaigning — he was going to do all of this to defeat President Donald Trump already, and we know this because he told us so.
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As early as February 2019, the billionaire pledged he’d spend at least $500 million to defeat the president as either a candidate or as what Politico called “a shadow political party for the Democratic nominee.” That massive spend, the report continued, represents “just 1 percent of Bloomberg’s estimated net worth.”