A conservative political scientist and election pundit says if Michael Bloomberg wants to throw away millions of his own money on a presidential campaign, go for it.
The former mayor of New York City has not yet officially announced his candidacy – although a formal announcement is expected in the coming days. But Bloomberg, who just switched over to the Democratic Party last year, has filed the paperwork to qualify for the primary ballots in three states; and yesterday he filed paperwork with the Federal Election Commission to formally create a presidential campaign committee, legally allowing him to begin raising and spending money on a 2020 campaign.
If he does enter the race and is able to secure the Democratic nomination, the 2020 presidential election would come down to a battle between two New York City billionaires: him and Donald Trump.
Dr. Charles Dunn, professor emeritus of government at Clemson University, argues that Bloomberg doesn't register with rank-and-file voters across America.
"He is a New Yorker and he doesn't have the kind the charm that candidates need to have if they're going to win nationwide," he tells OneNewsNow.
But that's not the case with President Trump, says Dunn.
"Donald Trump, whatever what one might say about him, has a very strong following with people who feel comfortable with him, who like what he stands for," he explains. "And Bloomberg is a fellow who's been mayor of New York City, which does not give him credibility elsewhere in the country."
The Associated Press reports that Bloomberg – whose estimated worth exceeds $50 billion and is one of the richest people in the world – has already committed to spending more than $100 million of his own money to defeat President Trump, whether he runs or not.
"If Bloomberg wants to throw away his money, let him do it," Dunn adds.
Bloomberg is reportedly focusing on Super Tuesday states that vote on March 3, 2020. That includes the two most populous states – California and Texas; and more than a third of the total U.S. population that's expected to vote.