Once again!…… A fool and his money!!!!!
Billionaire Mike Bloomberg announced Sunday he would spend as much as $100 million in Florida to defeat President Donald Trump in his must-win state.
The infusion of cash comes as polls indicate a tightening of the race between Trump and Democratic nominee Joe Biden, who are deadlocked in a recent Marist Poll, and as Floridians start voting by mail at the end of the month.
Biden’s support among Hispanic voters is in double digits yet remains relatively low for a Democrat who wants to carry the state according to surveys of Latinos in Florida and Miami.
To that end, “communicating with Hispanic voters will be a key part” of Bloomberg’s effort, which will primarily focus on digital and TV ads, according to a press release issued on behalf of his Independence USA political committee.
Vote-by-mail ballots voters start going out in six days to overseas voters. For domestic voters in the United States, the ballots will start being mailed out Sept. 24. Biden plans to visit Florida on Tuesday, his first trip to the state since the coronavirus lockdowns began in March.
Florida also has an in-person early voting period that varies by county and begins as early as Oct. 19 and ends as late as Nov. 1, two days before Election Day.
As much as 75 percent of Florida’s vote could be cast before Election Day and, because of the way the state tabulates votes, it could be one of the first to report its results, although the state has a history of razor-thin election margins and recounts.
Bloomberg advisers hope that his cash will help tip the state in favor of Biden, all but killing Trump’s chances to win the Electoral College. Also, they say, the Florida money should help free up Democratic efforts in other states.
“Battleground states will decide this election.”Bloomberg press release
“Mike’s substantial investment in Florida will allow Democrats and the Biden campaign to invest heavily in other key states like Pennsylvania, which will be critical to a Democratic victory……..And, this will force Republicans and the Trump campaign to shift even more of their limited resources to Florida.”Bloomberg press release
Both sides are already spending big on TV in the race in Florida, where Trump, Biden and their allies have spent and reserved $319 million in ad time, according to the TV commercial tracking firm Advertising Analytics.
The money would, among other things, free up Biden’s resources for other battleground states.
Bloomberg to spend up to $100 million to beat Trump in Florida