Thursday, June 21, 2007

The Economist Blog: If Bloomberg thinks he can run without making a fool of himself, he will

In this blog post, the says Bloomberg will run for the thrills, as long as he's sure he won't make a fool of himself:
The only real question in Mr Bloomberg's mind is going to be this one: "Will I make a fool of myself?"

The money is not a factor as such. Assuming Mr Bloomberg is indeed worth $10 billion and up, a half-billion dollar campaign bill would be—well, not small change, but certainly money he could well afford without the slightest change to his lifestyle or sense of security.

Does he need a reasonable expectation of winning? No. All he needs is the possibility of winning—which is to say, the confidence that his candidacy will be taken seriously. Short of being president, the next-biggest (if shorter-lived) thrill in American public life is being in contention for the job.

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