The Bloomberg Effect

Ken AshfordElection 20061 Comment

So NY Mayor Michael Bloomberg, who was a lifelong Democrat before he ran (and won) as a Republican in 2001, is now leaving the GOP to start a bid as the "independent" candidate for President.  As a man literally made of money, he can mount a huge campaign.  No, he’ll never be president, but he can become a Naderesque spoiler.

But a spoiler for who?  Will Bloomberg take votes away from the Dems of the GOP?

This Pollster.com poll is illuminating, looking at a Clinton-Guiliani matchup both with, and without, a Bloomberg third party candidate:

State Clinton Giuliani Spread Clinton Giuliani Bloomberg Spread Difference
Alabama 41 53 R+12 39 46 11 R+7 D+5
California 49 44 D+5 45 40 10 D+5 0
Iowa 47 41 D+6 42 37 11 D+5 R+1
Kansas 41 53 R+12 36 47 8 R+11 D+1
Kentucky 44 47 R+3 41 42 10 R+1 D+2
Massachusetts 52 42 D+10 47 37 9 D+10 0
Minnesota 50 41 D+9 48 37 7 D+11 D+2
Missouri 46 47 R+1 44 39 10 D+5 D+6
New Mexico 50 44 D+6 45 41 8 D+4 R+2
New York 56 38 D+18 49 32 15 D+17 R+1
Ohio 49 46 D+3 47 41 8 D+6 D+3
Oregon 48 44 D+4 44 38 11 D+6 D+2
Texas 37 54 R+17 34 48 10 R+14 D+3
Virginia 44 48 R+4 40 45 9 R+5 R+1
Washington 44 47 R+3 42 41 11 D+1 D+4
Wisconsin 47 46 D+1 44 40 10 D+4 D+3
Average D+1.73

Obviously, while there is a slight overall effect which favors Democrats (i.e., Bloomberg will pull votes from Republicans overall), the breakdown is a little more complicated on a state-by-state basis.  For example, Virginia carries with it many electoral votes, enough to swing an election, and the Bloomberg effect might make it swong Republican (just as the Nader effect theoretically gave Florida to Bush in 2001).

It’s early in the season, but this could become a major factor in the 2008 elections.