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Taking both of those things into account, I would say that the left won’t need another corporatist to split the vote. On top of that, the majority of the Democratic party is progressive. There are still more corporatists with a legitimate shot than progressives even if Sanders gets in. Your failures accomplished something for Wall Street. On top of that, given the fact that they are corporate sellouts, nothing would be worse for them then losing like that to a populist. Well, knowing that they could split the crowded field and seeing the unpopularity of Howard Schultz, maybe they finally got involved and pushed people out of the race.Īs much of a corporate sellout as Biden and Bloomberg are, the last thing either of them would want to do is run for president, taint their legacies by exposing themselves as corporate sellouts, and then lose. Perhaps Wall Street is behind it as well, not to make the same mistake as it did in 2016.Īfter all, we learned in Politico last week that they’re scared of the 2020 race because they can’t find a Democrat willing to play ball with them. Howard Schultz has accidentally opened up a round of data that could all of a sudden protect the corporatists.
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If Biden and Bloomberg get in the race, though, it spreads things around more. That opens doors for corporate Democrats like Kamala Harris, Cory Booker or Kirsten Gillibrand if they gain traction. With Elizabeth Warren in the race and Bernie Sanders likely to get in, the two most viable progressive candidates have a chance at splitting the vote. For the first time so far, they may have actually played themselves. The Hill even noted that the race for president on the Democratic side actually looks smaller than many people thought it would be by this point.Īnd this is a problem on the left. But Bloomberg appears to realize that he is just as out of touch with his talk against Medicare for All, legalizing marijuana and support for Stop and Frisk.Īs a result, national media has taken notice. Cory Booker got in, but that was to be expected.īiden still has a chance to get in the race. After his epic fail, Michael Bloomberg and Joe Biden have both delayed announcements. I’m calling it the Howard Schultz effect. What looked like it would be a loaded race of corporate Democrats is now fizzling out. So here we are a week later after Schultz’s epic fail, and all of a sudden, things are changing. Then the data came in, and he realized he had a 4 percent approval rating among all groups: Republicans, Democrats and Independents. That’s what they did to Howard Schultz after the former Starbucks CEO dipped his toe in the presidential waters by claiming the left is too hard on billionaires.įew out of touch elitists would think that they could win with that message, but Schultz was one of them.
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When it comes to policy, progressives sure know how to dunk on hacks. Howard Schultz’s embarrassing data after dipping his toe in the 2020 United States presidential race is scaring off other corporate Democrats.