Bloomberg for President? It could happen. According to many sources, former N.Y. mayor is seriously considering a late entry into the presidential race. The outcome of Tuesday’s New Hampshire primary, in which Trump and Sanders walked away winners, may be the best case scenario for Bloomberg were he to enter the race.
Experts say that he already has a staff of political advisers, connections, and funds to launch a viable presidential campaign.
“It’s not like he’s Mike Huckabee. This could be a first-rate campaign. He just starts making a couple of calls, and it’s there. The groundwork is there. The social network is there. Basically, he just has to spend a lot of money.”
In reality, Bloomberg’s entry into the race would present major challenges. First, he must secure that his name is on every state ballot. Texas would be his first target due to time constraints. Texas requires the signatures of 79,939 registered voters before May 9 and the signatures can not come from anyone who votes in the March 1 Super Tuesday primaries. This goal could come at a price tag of $3 million.
Should he decide to run, Bloomberg has stated that he would spend a minimum of $1 billion on his campaign.
In addition to getting his name on the ballots, he would need to hire a campaign chief in each state plus a media team.
Political consultant Ed Rollins said that by Election Day, Bloomberg may have 3,000 people on his campaign payroll.
Former Republican Senator Al D’Amato stated that Bloomberg’s best shot would be against Democrat Bernie Sanders and Republican Donald Trump. “That would be the best scenario for Bloomberg, to grab a big swath of moderate voters in a polarized election,” said D’Amato.
Bloomberg, the CEO of Bloomberg LP, is 73 years old and has a net worth in excess of $40 billion.