You remember mini-Mike. He sank a billion dollars into his Democrat presidential run, but collapsed on the debate stage after Elizabeth Warren ripped him a new one over … who even remembers what it was over, but it was brutal.

Of course, Bloomberg could afford to blow a billion dollars, just a couple percentage points of his net worth back then. But it showed that money can’t buy you voter love unless the product you’re selling is attractive.

Bloomberg also promised to spend a fortune to elect Biden, but so far it hasn’t materialized. Bloomberg has pledged at least $60 million for House races.

Perhaps, given the polling, Bloomberg felt his megabucks weren’t needed.

Things have changed in the past couple of weeks. Trump is making tremendous headway in Florida, particularly with the hispanic population, and the polls have Biden slightly ahead. If the polls are dead even or close to that, it means Trump is ahead.

Democrats are worried:

Democrats are worried that Democratic presidential nominee Joe Biden’s lagging support among Latino voters could put him at risk of losing Florida, and even the White House, in November.

Recent polls out of Florida show the former vice president’s support among Latinos trailing Hillary Clinton’s in 2016, fueling concerns that he could lose a pivotal swing state.

“There’s really no good answer here if you’re the Biden campaign,” one Florida Democratic operative said. “At this stage in the campaign, he should not be getting these numbers against the most anti-Hispanic president in history.”

So Bloomberg is coming off the sideline, and promising to throw $100 million to help Biden in Florida. WaPo reports:

Former New York mayor Mike Bloomberg plans to spend at least $100 million in Florida to help elect Democrat Joe Biden, a massive late-stage infusion of cash that could reshape the presidential contest in a costly toss-up state central to President Trump’s reelection hopes….

“Voting starts on Sept. 24 in Florida so the need to inject real capital in that state quickly is an urgent need,” said Bloomberg adviser Kevin Sheekey. “Mike believes that by investing in Florida it will allow campaign resources and other Democratic resources to be used in other states, in particular the state of Pennsylvania.” ….

In recent weeks, polls in Florida have narrowed, with the Cook Political Report recently shifting the state from “lean Democrat” to “toss up.” A Washington Post average of public polls since August finds Biden up by one percentage point in the state, well within the margin of error. While he has been doing better than past Democratic candidates with Whites and seniors, Biden has struggled among the state’s Latino population, which Republicans have focused enormous resources on courting over several election cycles.

“If you have the ability to make sure that you are able to speak directly to all of these different communities and where they live then you are going a long way to securing the states for Biden in this election,” Rep. Ted Deutch (D-Fla.) said. “I’m glad that Mike Bloomberg recognized this and is prepared to make an investment to make sure that every one of those communities will be aware of the importance of this election.”

The spending will focus mostly on television and digital ads, in both English and Spanish. Bloomberg’s aim is to prompt enough early voting that a pro-Biden result would be evident soon after the polls close. Florida, unlike other swing states, reports almost all early ballots shortly after voting ends.

Trump responded on Twitter:

I thought Mini Mike was through with Democrat politics after spending almost 2 Billion Dollars, and then giving the worst and most inept Debate Performance in the history of Presidential Politics. Pocahontas ended his political career on first question, OVER! Save NYC instead.

Trump supporters should take Bloomberg’s large wallet seriously. But also should find good news in the decision, because it means Democrats’ internal polling and analysis shows Biden in big trouble in Florida.

 

 
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