by Mike ‘Mish’ Shedlock
Bernie Sanders finally did what I expected a couple weeks ago: Admit the setup was impossible and drop out.
The Wall Street Journal reports Bernie Sanders Drops Out of 2020 Presidential Race, Paving Way for Biden.
“The path toward victory is virtually impossible,” Mr. Sanders said in a livestreamed address. “If I believed that we had a feasible path to the nomination, I would certainly continue the campaign. But it’s just not there.”
Mr. Sanders congratulated Mr. Biden, calling him “a very decent man,” and said he would work with him to move progressive policy ideas forward. However, Mr. Sanders said he would remain on the ballot in the states set to vote in order to continue accumulating delegates, which would give him more leverage to shape the Democratic Party platform at the convention in August.
Path for Victory for Whom?