Former New York City Mayor Michael Bloomberg took another step towards his potential showdown with President Trump in 2020; announcing his plan to release a $5 million advertising blitz on the eve of the 2018 midterm elections.
“Michael R. Bloomberg, the billionaire former mayor of New York City who is considering a 2020 presidential campaign, took another step closer to that possibility Sunday with a $5 million national advertising effort that encourages voters to support Democrats in Tuesday’s midterm elections — and offers Bloomberg’s centrist politics as a counter to President Trump,” writes the Washington Post .
“Americans are neither naive nor heartless,” Bloomberg says in the ad. “We know that we can be a nation of immigrants while also securing our borders.”
Bloomberg raised eyebrows across the country weeks ago when he announced he had officially re-registered as a Democrat; paving the way for his potential run for the White House.
Read the full report here.
2020 VISION? Mike Bloomberg Re-Registers as a DEMOCRAT
Former New York City Mayor Michael Bloomberg officially became a Democrat for the second time this week; confirming he re-registered with the party and hinting at a potential presidential run in 2020.
— Mike Bloomberg (@MikeBloomberg) October 10, 2018
“At key points in U.S. history, one of the two parties has served as a bulwark against those who threaten our Constitution,” posted Bloomberg on social media.
“Two years ago at the Democratic Convention, I warned of those threats. Today, I have re-registered as a Democrat – I had been a member for most of my life – because we need Democrats to provide the checks and balance our nation so badly needs,” he added.
Bloomberg’s re-registration with the Democratic Party sets the stage for a potential showdown with fellow NYC billionaire businessman Donald Trump in just two years.
ARMAGEDDON CONTINUES: Jobless Claims PLUMMET to LOWEST Levels Since 1973
The US economy continues to roar back to life under President Trump and the GOP-controlled Congress; with new data showing jobless claims dropping to the lowest levels seen since 1973.
According to Bloomberg, the strong financial report shows recent jobless claims plummeting by over 12,000 filings to just 215k applications; rates not seen in over 45 years.
“Claims at the lowest level in 45 years underscore a persistent shortage of qualified workers that has made employers reluctant to fire staff. Applications for jobless benefits below the 300,000 tally are typically considered consistent with a healthy labor market,” writes the financial website.
The new data shows the US economy is in full-swing heading into 2018; with low-unemployment, higher wages, and expanded benefits following the recently passed GOP-sponsored tax cuts.
Despite Democratic opposition, President Trump vowed last week to implement “Phase Two” of his overhaul of the nation’s tax code; seeking to make lower individual and corporate rates “permanent.”