"I’m running for president to defeat Donald Trump and rebuild America. We cannot afford four more years of President Trump’s reckless and unethical actions."

"He represents an existential threat to our country and our values. If he wins another term in office, we may never recover from the damage."

Said Michael Bloomberg, announcing his bid for the Democratic nomination, reported at AP.

Bloomberg is more than 10 times as rich as Trump — something like $50 billion, compared to $3 billion. He could spend a billion dollars of his own money and it would be a mere trifle to him. It's the amount Elizabeth Warren would confiscate for the government every year — 2%.

Bloomberg is the 11th richest person in the world. Trump is only 259th.

Bloomberg has plans to spend $100 million of his pocket change on internet ads attacking Trump. I'm eager to see these ads, because I'm so used to attacks on Trump, that I have a hard time imagining what an effective attack ad could be. But go ahead, Mayor, buy some ads. Meanwhile Trump puts up tweets that cost nothing, and that get more attention than any ad.

How many Twitter followers does Bloomberg have? 2.3 million, presumably people who already like him, not the audience he needs to win more support. I was going to start following him, and I almost unfollowed him, because I clicked what I thought was the "follow" button, and I was already following. I've never noticed his tweets. I've noticed Trump's tweets multiple times every day. Trump may have less money than Bloomberg but he has monumentally more Twitter volume.