Ex-New York mayor Michael Bloomberg decides against presidential run in 2020

Former New York City Mayor Michael Bloomberg called President Trump

Former New York City mayor and future 125-year-old man Michael Bloomberg says he will not run for president, again, despite the many people who are begging him to jump in the race and his steadfast belief that he would totally win the general election.

Bloomberg has drafted, with former Sierra Club executive director Carl Pope, a preliminary proposal for what he considers a more achievable climate change plan than the Green New Deal promoted by Representative Alexandria Ocasio-Cortez, Democrat of NY, which he believes can't pass Congress. Bloomberg hopes Democrats adopt the plan with an eye toward enacting it into law after the 2020 elections.

Bloomberg called President Trump "a threat to our country", and that "New Yorkers know a con when we see one".

"I've come to realize that I'm less interested in talking than doing", Mr. Bloomberg said. He said it would be better to spend the next two years putting resources into his initiatives such as helping the country transition to renewable energy and addressing gun violence. And the fact is: A national presidential campaign would limit my ability to do that.

"It's essential that we nominate a Democrat who will be in the strongest position to defeat Donald Trump and bring our country back together", Bloomberg said in an op-ed published by Bloomberg Opinion.

You can read the full piece here. But as in past years when he weighed a presidential run as an independent he decided he couldn't win.

With Bloomberg now out of contention, attention turns to former vice president Joe Biden, who is the most prominent Democrat still mulling a presidential bid and has yet to announce his plans.

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Thus far, 14 Democrats have announced their candidacies, including frontrunners Sen.

The success of that effort coupled with positive feedback from voters around the country emboldened Bloomberg and his team of advisers, according to a person familiar with the effort.

Mr Bloomberg also spoke of reducing the racial achievement gap in public schools and increasing access to college for low-income pupils.

He spent millions of dollars previous year helping Democrats get elected and has invested in advocating for sweeping gun control laws.

So, Bloomberg argued he'll do more good by staying out of the race and focus on using his huge wealth to help Democratic causes and subvert Trump's right-wing agenda.

The former three-term mayor had said he was seriously considering a bid for the Democratic nomination after opting not to run an independent in 2016.

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