Mike Bloomberg, former New York mayor who joined the Democratic presidential race very late, announced the suspension of his campaign on Wednesday. Bloomberg has spent over half a billion dollars in his campaign vowed to stay in the race to fight and defeat President Donald Trump in November. The decision to suspend the campaign came just after the Super Tuesday primary results, where he hasn’t won a single state. His campaign is a devastating return on his investment of over 500 million dollars.
In a statement, Bloomberg said - “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 and victory in November. Not for me, but for our country. And so while I am not the nominee, I will not walk away from the most important political fight of my life.”
Bloomberg also said that defeating the president means supporting the most viable Democratic candidate, who, according to him, is former Vice President Joe Biden. He further added - “I’ve known Joe for a very long time; I know his decency, his honesty, and his commitment to the issues that are so important to our great country like gun safety, health care, climate change. I’ve also had the chance to work with Biden over the years on these issues, and Biden fought for working people his whole life. Today I’m glad to endorse him, and I’ll work to make him the next president of the United States.”
President Donald Trump mocked Mike Bloomberg in a tweet from his official handle after he suspended the campaign. Here’s the tweet:
Mini Mike Bloomberg just “quit” the race for President. 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!— Donald J. Trump (@realDonaldTrump) March 4, 2020
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