Bernie Sanders won in New Hampshire but the true victor could be Michael Bloomberg


Democratic presidential candidate Bernie Sanders during a primary night event on 11 February 2020 in Manchester, New Hampshire.

After two indecisive contests, the billionaire and former New York mayor is well placed to seize the momentum.

Whatever the radicals say, the moral victory was for moderate Democrats. Three hours after New Hampshire’s polls closed it was clear that – while Bernie Sanders may have the notional victory – the surprise rise of third-placed senator Amy Klobuchar and a strong showing by second-placed Pete Buttigieg were the talking points. That and the disastrous 8.4 per cent vote share of Joe Biden, the former vice president, for whom this presidential race must be all but over. It was a disappointment, too, for Elizabeth Warren, the senator for neighbouring Massachusetts – less than one point ahead of him.

At the time of writing, Sanders, the self-proclaimed socialist and 78-year-old Vermont senator, is just one point ahead of the, until recently, all but unknown Buttigieg. Add up the numbers and the radicals, Sanders and Warren, command just over a third of the total vote. By contrast, the moderates – Buttigieg, Klobuchar and Biden – have more than half.

For Michael Bloomberg, the 77-year-old billionaire entrepreneur and former New York mayor, this was a dream outcome. His decision to refrain from the contest until Super Tuesday on 3 March was considered both arrogant and foolhardy. Today it looks brilliant.

As his rivals have slugged it out across two small and electorally insignificant states, Bloomberg has deployed his bottomless cheque book where it matters – in California, Texas, Virginia and the key rustbelt swing states of Pennsylvania, Wisconsin and Ohio. In the last quarter of 2019, the twelfth-richest man in the US, spent more than all of his rivals, including the president himself.

Bloomberg’s advertising spend since January ($310m) is more than double the $115 deployed by the rest. Cynics are clearly …read more

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