Former New York City Mayor and 2020 contender Mike Bloomberg has already spent $200 million on his campaign in advertisements alone. Bloomberg has been in the 2020 race for only about seven weeks, but his ad buys have almost surpassed the rest of the 2020 field combined.
According to Advertising Analytics, Bloomberg has spent $20o million, while the rest of the 2020 Democratic field has spent $222 million combined.
While Bloomberg is polling in fifth place at 5.8 percent nationally, he is not competing in any of the early primary states and has yet to meet the DNC’s threshold for the seventh round of Democratic debates. He may have been a viable candidate had he entered the 2020 race earlier, but it appears, it’s too late for Bloomberg.
Since Bloomberg’s campaign has become pointless in the long haul, we’ve thought of five ways Bloomberg could have better spent his $200 million.
1. 133 Million Big Gulps
During his tenure as New York City’s mayor, Bloomberg banned the sale of sugary drinks larger than 16 ounces, forcing New Yorkers to say goodbye to their “Big Gulp” beverages. To apologize for taking away sugary goodness from New York City, Bloomberg should spend his next $200 million on 133 million Big Gulps.
2. Peloton Bikes for Big Gulp Consumers
In the spirit of good health and the notoriously laughable Peloton advertisement, Bloomberg could have bought a fleet of 89,086 Peloton bikes for Big Gulp consumers. Bloomberg could open a whole chain of cycling studios, which would likely be better for Americans than his presidential campaign. READ MORE