As a resident of New York I resent a billionaire who literally bought a third term despite term limits. After 9/11 when Giuliani suggested remaining on the job for a few months to complete the cleanup after the downing of the World Trade Center-Bloomberg ungraciously reminded Rudy that New York City had term limits ….What a hypocrite….rsk
You read it here last week. As the odds rise of extreme outcomes in the presidential election, so do the chances of a serious third-party candidate getting into the race, especially Michael Bloomberg. Now word has leaked that the former three-term mayor of New York is actively exploring the possibility.
Mr. Bloomberg considered a run in 2008 and 2012, only to conclude he couldn’t win, and that may be what happens this year too. The U.S. political system is tilted against third-party candidates, which is why the last one to take the White House was Abraham Lincoln in 1860 as the nominee of the antislavery Republicans.
Third-party candidates have made other notable runs but their influence has mainly been as spoilers or to force the major-party candidates to confront issues they’d ignored. Teddy Roosevelt ruined William Howard Taft’s chances for re-election in 1912, and Ross Perot contributed to George H.W. Bush’s defeat in 1992 though he won no electoral votes. He split the Reagan coalition by winning 19% of the vote and helped Bill Clinton win with only 43%.