How Bernie Sanders is helping Mike Bloomberg
The civil war in the Democratic Party is heating up, with mainstream party members growing increasingly alarmed as fiery leftist Bernie Sanders takes the lead in the presidential nominating contest.
“Every day, I worry about Bernie Sanders being the nominee,” Rhode Island Gov. Gina Raimondo told Yahoo Finance recently. “I don’t think he can beat President Trump. Socialism isn’t the answer. The American people, I think, will reject that in November.”
A new Quinniac poll shows for the first time that Sanders has become the leading Democrat nationwide, with 25% of Democratic voters saying he’s their choice. Joe Biden, the frontrunner until recently, dropped from 26% to 17%. Mike Bloomberg has soared into third place, with 15% of the Democratic vote, followed by Elizabeth Warren (14%), Pete Buttigieg (10%) and Amy Klobuchar (4%).
Buttigieg slightly edged Sanders in the fouled-up Iowa caucus, but Sanders is on track to win the New Hampshire primary on Feb. 11. Biden’s campaign is flatlining at precisely the wrong time. Biden’s bid isn’t dead yet, but it probably will be if he can’t win in Nevada or South Carolina, the next states to vote after New Hampshire.
[Check out our full interview with Gov. Gina Raimondo of Rhode Island.]
Bloomberg was an afterthought when he entered the race in November, and it’s still hard to see how he could win enough delegates to clinch the Democratic nomination outright. Polling site fivethirtyeight gives Bloomberg less than a 1% chance of winning a majority of delegates in the primaries and clinching the nomination that way. Sanders? A 50% chance of winning enough delegates.
But Bloomberg had something else in mind when he decided to run: An indecisive Democratic primary season that produces no winner and elevates a leftist such as Sanders. If that happens, it would lead to a tumultuous “brokered convention” over the summer in which the Democratic delegates wheel and deal to decide who the nominee is. In that scenario, it’s possible they could pick Bloomberg, if he does reasonably well in the primaries.
‘His message is resonating’
Polls show that Sanders would beat Trump in a one-on-one general election matchup, by an average of 4.3 percentage points. But many Democrats don’t buy that. Trump would have months to savage Sanders as a socialist and lampoon his something-for-everybody policies. He’d doubtless play up the trillions of dollars in tax hikes Sanders proposes.
“His message is resonating,” Raimondo acknowledges. “People are angry. We can’t tell them they shouldn't be. We have to tell them we have a better solution than his solution.”
Raimondo is the first and so far only governor to endorse Bloomberg. In Washington, D.C., on Feb. 8, Bloomberg met with several other Democratic governors, seeking their support. He could get it. More than $200 million in spending on ads and campaign activities is beginning to make Bloomberg a household name. A recent survey found that business owners think Bloomberg is the only Democrat who can beat Trump. Unlike Sanders, Bloomberg has founded and run a large, successfully company, and governed a state-sized city with problems similar to what a U.S. president might face.
The Democratic party as a whole isn’t necessarily following Sanders to the far left. Sanders won just 26% of the Iowa vote. The vote total for him and Elizabeth Warren combined—the two most liberal Democrats—was just 44%. Three moderates—Biden, Buttigieg and Klobuchar—got a majority, with 54%. If the Democrats could coalesce around one moderate instead of splitting their vote among three or four, that person would probably be the favorite to win.
But moderates could split their portion of the vote all the way to the end, while Sanders might consolidate the ultraliberal vote. Warren seems to be fading, and if she bows out, Sanders could pick up her voters. Bloomberg, meanwhile, is a billionaire funding his own campaign, and Buttigieg seems well-enough funded to go the distance. Even if Biden and Klobuchar drop out, that could leave one leftist battling two moderates. As a general once said in an indefinite war, tell me how this ends.
Rick Newman is the author of four books, including “Rebounders: How Winners Pivot from Setback to Success.” Follow him on Twitter: @rickjnewman. Confidential tip line: rickjnewman@yahoo.com. Encrypted communication available. Click here to get Rick’s stories by email.
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