News that billionaire businessman Michael Bloomberg is considering a run for the presidency is no surprise. He has toyed with the idea in the past, most notably during the 2008 cycle.As potential presidential timber, he ticks most of the boxes. Having served for twelve years as New York mayor, he knows something about politics. He left office moreover with an enhanced reputation for can-do pragmatism and general low-key likability. That said, his record is less than perfect. He strongly backed the Iraq war in 2003, for instance, and the following year he endorsed the now toxic George W. Bush for...