Sanders and Bloomberg want to redistribute wealth. Most millionaires and billionaires don’t.

… Wealthy people have a great deal of power to influence economic and political outcomes in the United States, and so it’s important to understand what they believe to be the causes of — and possible solutions to — economic inequality. The economic elite are, by definition, members of a […] Read more »

Sanders holds lead heading into Nevada’s Democratic caucuses, poll finds

Vermont Sen. Bernie Sanders leads the presidential field by a solid margin among likely Democratic caucusgoers heading into Nevada’s four-day early voting period, but all six of the candidates actively campaigning in the state this week earned double-digit support according to The Nevada Poll™. The telephone poll, conducted by WPA […] Read more »

New Figures Show Billionaire Candidates Spending Big, With Little Return

The candidates in the top 1% have accounted for about 78% of the ad spending in the presidential race so far, according to new numbers. The two self-funding billionaires in the Democratic primary, former New York City Mayor Mike Bloomberg and activist business executive Tom Steyer, have spent the most […] Read more »

What we learned about the Democratic field from Tuesday’s debate

This was not the debate anyone expected, but it was perhaps the debate that voters needed. … The CNN-Des Moines Register debate Tuesday night at Drake University did not feature the expected — choose your favorite journalistic cliché — no holds barred/gloves-are-off/there will be blood on the floor exchanges between […] Read more »

The Steyer boomlet

Once again, there’s a new “hot” candidate. This time it’s billionaire Tom Steyer, who hit double digits in new Fox News polls in Nevada and South Carolina, thereby qualifying him for Tuesday’s CNN/Des Moines Register presidential debate — the last debate before the Feb. 3 Iowa caucuses. … Some Democrats […] Read more »