Voter Preference for Bloomberg Rises to 5%

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By Douglas A. McIntyre Updated Published
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Voter Preference for Bloomberg Rises to 5%

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Michael Bloomberg’s presidential campaign has been off and running for over a week. His poll numbers, based on preferences of Democrat primary voters, have risen to 5%. While he is still behind the leaders, he has shown an advance that signals he could become a second-tier candidate soon. Among the barriers he faces is that most of his backers are people who make over $100,000 a year or are conservatives.

A new Morning Consult poll shows that Bloomberg is ahead of candidates Andrew Yang (4%) and Cory Booker (2%), each of whom has been on the campaign trail for months. Bloomberg polls at the same level as Kamala Harris, who was once considered a top-tier candidate, and near Pete Buttigieg at 9%. Buttigieg has moved to the first tier among candidates, particularly because of his strong poll showing in Iowa, the first state where Democrats will show their preferences.

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Among the first-tier candidates, Joe Biden continues to be the leader at 29%, followed by Bernie Sanders at 20% and Elizabeth Warren at 15%. Support for both Biden and Sanders has slipped, according to the new Morning Consult data.

Although 90% of Democratic primary voters have heard of Bloomberg, among his challenges is that only 10% of those questioned viewed him “very favorably,” well below the first-tier candidates. And 11% view him “very unfavorably,” which is worse than the results for those in the top tier.

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Bloomberg continues to have one advantage that could pull his results higher. He already has committed to tens of millions of dollars in television advertising. He easily could take this number into the hundreds of millions. While he will skip the early primaries, he has the ability to make the argument, to a vast number of American voters, that he should be their choice. However, television advertising is hardly a measure of who can take the Democratic nomination and challenge Donald Trump (if he is still the president in November).

Morning Consult polls 5,000 people daily. The most recent results are for December 2.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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