Billionaire Tom Steyer takes aim at 2020 Democratic competitors in economic speech

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Billionaire Tom Steyer takes aim at 2020 Democratic competitors in economic speech
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Steyer is expected to call out four top-polling candidates by name for their lack of business experience.

, and has sunk over $40 million of his own money into his campaign through television ads and staff.

Steyer argues that Democrats saw in 2016"the most experienced and qualified candidate in history," get defeated by Trump -- a signal that the party should think outside the box, and think about the issue that most often decides elections in 2020. "If Democrats want to win in 2020, we need to realize that Donald Trump is a different kind of candidate, who presents different challenges than anyone who has come before him," Steyer is expected to say.

"Conventional wisdom won’t work against Trump. We need new thinking, and new leadership. And we know this will come down to the economy. Presidential elections always do." But Steyer is still struggling to make headway in the Democratic primary, as several Democratic contenders have accused Bloomberg and Steyer, both of whom are self-funding their campaigns, of trying to buy their way onto the debate stage with such large spending, rather than focusing on grassroots fundraising., has garnered enough support to appear in the last two primary debates, and has also qualified for Thursday's debate in Los Angeles.

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