I view the Bloomberg candidacy as a gift.
He has the potential to heavily damage the Democratic Party and force a serious leftist third party to organize to replace them.
I foresee a Bloomberg Derangement Syndrome that will be almost the equal of Trump Derangement Syndrome.
Time will tell.....
Overall, I think you’re right. I certainly hope so. Unfortunately, huge amounts of money do have an effect on political contests, especially where low-information voters are concerned.
My faith in the American electorate took a big hit when Obama was elected, and even more when he was reelected.