Tom Steyer spent $87 million on the 2016 elections, and all he got was a Trump administration full of nominees he opposes.
The liberal billionaire, who funded Democratic campaigns across the country and ballot measures in his home state of California, said in an interview he intends to remain involved in politics now that President Donald Trump has taken office.
He said he still believes most voters agree with Democratic ideals, though the party didn’t effectively convey them in November.
“I think there’s no doubt that we reflect the will of the people to an overwhelming extent. I don’t think we were successful in conveying the spirit behind those policies, and I don’t think we were successful in transmitting the urgency behind those policies,” Steyer told The Hill.
While the economy added millions of jobs under former President Barack Obama, the recovery from the worst recession since the Great Depression brought with it stagnant wage growth. Steyer said that drove voters away from Democrats, who shepherded the slow-growth economy during Obama’s eight years in office.
“This election was not about jobs, in my opinion. It was about pay,” Steyer said.
Now, as Trump gets comfortable in the West Wing, Steyer is considering how best to use his money and the nascent political organization he has built.
Many Democrats in California expected Steyer to launch his own bid for elected office after November’s election, most likely by running to replace term-limited Gov. Jerry Brown (D). But Steyer, who is close to several other candidates already running for governor or contemplating bids behind the scenes, said the election results made him think twice.
He had expected to make a decision about whether to run for governor, he said, in a world in which Hillary Clinton had taken the presidential oath of office, not Trump.
“The truth of the matter is, it’s different. The world did not play out on November 8 the way I expected it to, and I want to make sure whatever I do is well considered and responds to the reality of what’s going on,” he said. “I’m still intending to do the most impactful service I can in terms of standing up for the values I care most about.”
Those actions, most notably a focus on combating climate change, will come through Steyer’s NextGen Climate Action group, which has funded advertisements and built a field team since 2012. The group says it knocked on ten million doors and established presences on 370 college campuses last year.
“We’re going to continue that effort,” Steyer said of NextGen.
SOURCE: REID WILSON