Can Bill de Blasio really afford to quit running for office?

Ex-Mayor Invoice de Blasio folded his marketing campaign for Congress within the NY-10 race.
AP

Hallelujah! Invoice de Blasio in the end says it’s time for him to “depart electoral politics” and “deal with different methods to serve” after dropping his hopeless run for Congress.

This follows the ex-mayor’s flirtation with a run for governor final 12 months, which by no means obtained previous the exploratory-committee stage. And his humiliating bid for Democrats’ 2020 presidential nomination, which flamed out in September 2019 lengthy earlier than the primary major, after he couldn’t even qualify for the debates and overwhelming numbers of New Yorkers mentioned they didn’t assist him.

But this Might he nonetheless entered the race for a Home seat that included his previous Park Slope base. Oops: A ballot by his beloved Working Households Celebration confirmed that 49% of undecided Democrats within the district rejected him, main him to confess it wasn’t “going to work out.”

Then once more, these failed runs might assist clear up his cash issues: He has as much as $695,000 in leftover marketing campaign funds — $245,000 from the aborted gov bid, $450,000 from the Home debacle, The Metropolis factors out. (In a final whiff of de Blasio’s trademark stink, an excellent chunk of donations got here from people who’d obtained favorable therapy when he ran Metropolis Corridor.)

 The leftover money might pay down his substantial debt, together with the $320,000 he owes New York Metropolis taxpayers for improper use of his NYPD safety element throughout his prez run and the $425,000 he owes to the personal legislation agency that helped him fend off the federal probe of his smelly fund-raising as mayor.

However even when he clears his money owed, we don’t see how de Blasio’s going to assist the household. (His bid to show his spouse right into a political bread-winner didn’t pan out, both.)

All of which leaves us worrying that his plan to stop operating for workplace received’t maintain up any higher than did Richard Nixon’s notorious “You don’t have Nixon to kick round anymore” vow in 1962.