Mike Bloomberg quits presidential race after disastrous Super Tuesday

Mike Bloomberg has exited the presidential race after suffering a humiliating implosion on Super Tuesday.

The billionaire’s megalomaniacal bid for the White House came crashing down when he failed to win any states in the high-stakes, nationwide primaries, the Associated Press reported. His sole victory was in the U.S. territory of Samoa.

By Wednesday, Donald Trump was mercilessly mocking “Mini Mike,” and Bloomberg had endorsed Joe Biden for president. “Three months ago, I entered the race for president to defeat Donald Trump,” Bloomberg said. “Today, I am leaving the race for the same reason: to defeat Donald Trump — because it is clear to me that staying in would make achieving that goal more difficult.”

Bloomberg quits nomination race

Bloomberg’s exit marks the end of an unprecedented, 100-day campaign that set off alarm bells that the billionaire was trying to buy the presidency. The former New York mayor hopped into the race in November, skipping early nominating contests in Iowa, New Hampshire, Nevada, and South Carolina to focus entirely on Super Tuesday, where he appeared on the ballot for the first — and last — time.

For a period of about two weeks, Bloomberg managed to attract the fleeting interest of the Democratic Party establishment as Joe Biden, whose failure he had relied on, suffered a string of early defeats. Tuesday’s primary results were dramatic indeed, as Biden swept 10 of 14 states in a stunning comeback that muddied the waters for Vermont Sen. Bernie Sanders, who did, however, carry California.

As the dismal results rolled in, Bloomberg’s campaign presaged surrender with the news that he would “reassess” his campaign, according to Breitbart. By Wednesday morning, Bloomberg had quit and endorsed Biden after a phone conversation with the candidate.

“I’ve had the chance to work with Joe on those issues over the years, and Joe has fought for working people his whole life,” Bloomberg said. “Today I am glad to endorse him –- and I will work to make him the next President of the United States.”

Former mayor comes up short

At his campaign’s height, Bloomberg flexed his philanthropic muscle in support of gun control and sought to contrast himself with Sanders, who he warned would damage Democrats further down the ballot and cost them the White House in a quixotic socialist revolution. But his campaign had little reason to exist after a dramatic, late turnaround by Biden, his primary rival for the favor of the party establishment.

Before South Carolina’s primary, Biden’s candidacy was considered all but dead. His resounding victory in the state — his first — breathed new life into his campaign and set off a three-day march that ended in triumph on Tuesday, albeit with some help from Sen. Amy Klobuchar (D-MN) and former South Bend, Indiana Mayor Pete Buttigieg, who dropped out and offered their endorsements.

Bloomberg was briefly seen as a serious threat as he cracked double digits in numerous polls, thanks to an unprecedented $500 million advertising campaign. The ads were slick and inescapable, but Bloomberg the candidate failed to impress voters in the 14 states that voted on Tuesday.

His fortunes began to fall when he was finally introduced to voters on the debate stage in Las Vegas, where Sen. Elizabeth Warren (D-MA) scorched him over his support of New York City’s “stop and frisk” policy, his treatment of women, and other controversies. The billionaire came better prepared for his final debate in South Carolina, where he delivered an overall steadier performance, but the meltdown in Las Vegas exposed weaknesses in a candidacy driven almost entirely by advertising.

Two-man battle

Super Tuesday solidified the primary into a two-man race between Biden and Sanders. With Bloomberg out, Biden is the uncontested party favorite and the moderate choice for the nomination. Bloomberg said that he will continue to support whoever wins the nomination, saying that his goal — defeating Donald Trump — was no longer viable with him as a candidate, according to Fox News. He said:

I’m a believer in using data to inform decisions. After yesterday’s results, the delegate math has become virtually impossible — and a viable path to the nomination no longer exists. But I remain clear-eyed about my overriding objective: victory in November.

Donald Trump, who routinely mocked Bloomberg as “Mini Mike” during his short campaign, didn’t hesitate to make fun of Bloomberg’s misfortune. “Mini Mike Bloomberg just ‘quit’ the race for President,” Trump tweeted, according to CNBC. “I could have told him long ago that he didn’t have what it takes, and he would have saved himself a billion dollars, the real cost. Now he will pour money into Sleepy Joe’s campaign, hoping to save face. It won’t work!”

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