Michael Bloomberg took three weeks to convince Dems he can beat Trump - Business Insider

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Bloomberg, who is the eighth wealthiest person in the United States with an estimated net worth of $52.4 billion, is putting to the test the question of just how far virtually unlimited funds can go in a crowded presidential primary.

Across four Insider polls conducted between November 12 and December 13:

The percentage of Democratic primary voters who think Bloomberg would lose to Trump is eight percentage points lower than for a generic Democrat. In our two December polls, Bloomberg outperformed a generic Democratic candidate in terms of perceived ability to beat Trump both among Democratic primary voters and all voters.

"We now need to finish the job and ensure that Trump is defeated — but Mike is increasingly concerned that the current field of candidates is not well-positioned to do that," Bloomberg adviser Howard Wolfson told The Times and other outlets"If Mike runs, he would offer a new choice to Democrats built on a unique record running America's biggest city, building a business from scratch and taking on some of America's toughest challenges as a high-impact philanthropist.

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It is concerning that of the current field, Bloomberg is probably the most electable.

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