Tuesday, billionaire Michael Bloomberg is on 2020 Democratic primary ballots for the first time, running against, among others, a self-described Democratic Socialist in Bernie Sanders. And eventually, one candidate will face off against America’s first billionaire president, Donald Trump.
Of late, the Democratic candidates have spent the campaign season boasting of any humble beginnings and defending any wealth: Biden noted the first time he ever made any real money was in 2017 during the South Carolina debate. And Bloomberg said he’s giving away his own money, while accusing Sanders of having three homes while in Las Vegas.
It all puts a fine point on how wealth inequality has become a rallying cry for the Democratic presidential candidates, and how it could further define the election for the Democratic nominee after that.
As a catalyst in the 2020 election, the rhetoric is “more acute” than it has been in decades, Democratic
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