After half a year and more than $200 million spent, Tom Steyer finally closed the door on his spectacular failure of a mid-life crisis masquerading as a presidential campaign. The billionaire bet it all on South Carolina, investing millions of dollars and months in the state, only to earn enough votes likely to amount to a single state delegate, if any at all.
So Steyer realized that not only is there no path for him remotely to secure the nomination, but there’s also not even one for him to obtain a modicum of leverage in the case of a contested convention. Thus, he’s dropping out of the race, and every other candidate hoping to stop Bernie Sanders and give Democrats a fighting shot at winning the White House from President Trump should do so too.