Sen. Bernie Sanders, who saw his once-strong lead in the Democratic primary evaporate as the party’s establishment lined swiftly up behind rival Joe Biden, ended his presidential bid on Wednesday, an acknowledgment that the former vice president is too far ahead for him to have any reasonable hope of catching up.
The Vermont senator’s announcement makes Biden the presumptive Democratic nominee to challenge President Donald Trump in November.
Sanders plans to talk to his supporters later Wednesday.
Sanders initially exceeded sky-high expectations about his ability to recreate the magic of his 2016 presidential bid, and even overcame a heart attack last October on the campaign trail. But he found himself unable to convert unwavering support from progressives into a viable path to the nomination amid “electability” fears fueled by questions about whether his democratic socialist ideology would be palatable to general election voters.
The 78-year-old senator began his latest White House bid facing questions about whether he could win back the supporters who chose him four years ago as an insurgent alternative to the party establishment’s choice, Hillary Clinton. Despite winning 22 states in 2016, there were no guarantees he’d be a major presidential contender this cycle, especially as the race’s oldest candidate.
Sanders, though, used strong polling and solid fundraising — collected almost entirely from small donations made online — to more than quiet early doubters. Like the first time, he attracted widespread support from young voters and was able to make new inroads within the Hispanic community, even as his appeal with African Americans remained small.
Sanders amassed the most votes in Iowa and New Hampshire, which opened primary voting, and cruised to an easy victory in Nevada — seemingly leaving him well positioned to sprint to the Democratic nomination while a deeply crowded and divided field of alternatives sunk around him.
But a crucial endorsement of Biden by influential South Carolina Rep. Jim Clyburn, and a subsequent, larger-than-expected victory in South Carolina, propelled the former vice president into Super Tuesday, when he won 10 of 14 states.
In a matter of days, his top former Democratic rivals lined up and announced their endorsement of Biden. The former vice president’s campaign had appeared on the brink of collapse after New Hampshire but found new life as the rest of the party’s more moderate establishment coalesced around him as an alternative to Sanders.
Things only got worse the following week when Sanders lost Michigan, where he had campaigned hard and upset Clinton in 2016. He was also beaten in Missouri, Mississippi and Idaho the same night and the results were so decisive that Sanders headed to Vermont without speaking to the media.
Sanders had scheduled a rally in Ohio but canceled it amid fears about the spread of coronavirus — and the outbreak kept him home as his campaign appeared unsure of its next move. The senator addressed reporters the following day, but also sounded like a candidate who already knew he’d been beaten.
“While our campaign has won the ideological debate, we are losing the debate over electability,” Sanders said then.
Following the surprising big beat on estimates for the January jobs report, William M. Rodgers III, vice president and director of the Institute for Economic Equity at the Federal Reserve Bank of St. Louis, joined Cheddar News to break down the data. “We ended 2021 with a strong crescendo to a recovery that had taken hold, and we started 2022 in good fashion." He also discussed the dueling pressures of wage growth and inflation.
Jessica Mason Pieklo, senior vice president and executive editor of the Rewired News Group and co-host of the podcast. "Boom! Lawyered," joins Cheddar Politics to discuss Justice Stephen Breyer's retirement, legacy and potential replacement on the Supreme Court.
The Biden administration delivered a temporary win for student loan borrowers this year by extending the moratorium on federal payments for a few more months. That moratorium is coming to an end on May 1st and borrowers will again have their monthly loan payment plopped in their lap.
Stephanie Vanderslice, a creative writing professor paying off debt through the Parent Plus program, and Mike Pierce, executive director of the Student Borrower Protection Center, join Cheddar Politics to discuss.
2022 was already going to be a big year for the Supreme Court. We have decisions on major issues like abortion and gun rights on the way. Then, Justice Stephen Breyer announced his retirement and that set up a major confirmation fight for later this year. Amy Howe, co-founder of SCOTUSblog, joins Cheddar Politics to discuss.
The Labor Department released a better-than-expected report of 467,000 jobs added in January. Heather Boushey, Council of Economic Advisers Member for President Biden, joined Cheddar to tout the administration's handling of the economy amid the pandemic and the upward revisions for the previous month. "It also shows that, because of the revisions, the economy was stronger over the past couple of months," she said. "I don't think that this can be said enough, but economic forecasting during an historic pandemic is extremely difficult." Boushey also addressed issues involving wage growth versus the rapid rise of inflation.
The Labor Department's January jobs report showed 467,000 jobs were added, compared to the 150,000 that were projected, a sign that employment is continuign to return to pre-pandemic levels. Lindsey Piegza, chief economist at investment bank Stifel, joined Cheddar to break down the report, noting the big gains but adding a note of caution. "Remember, even with this morning's stellar report, we're still millions below that level that we had reached prior to the onset of COVID-19," she said." Yes, we are recapturing jobs. We still have further ground that needs to be made before we can talk about reaching that previous peak." Piegza also discussed the role of the Federal Reserve going forward as the employment figures turn more positive.
As President Biden's poll numbers fall with Black voters, Rep. Ayanna Pressley (D-Mass. 7th District) joined Cheddar to discuss what she feels could help the embattled administration: deliver on policies. Pressley pointed to stalled legislation such as new voting rights laws and Build Back Betters and canceling student loan debt, which would go a long way to improving his standing with Black constituents. "President Biden has the authority and the power to alleviate this burden, which would also help in closing the racial wealth gap, and he can do it by executive action with the stroke of a pen," she said. "And it doesn't require one vote from Congress. So, the Biden administration just needs to deliver to Black America in a tangible and impactful way."
