Watch: Billionaire Former Mayor Bloomberg Rails Against Demagoguery - Is Booed for Criticizing Safe Spaces

It seems New York's former billionaire mayor, Mike Bloomberg, is feeling the “sting” of the 2016 election that Obama proposed during his White House Correspondents Dinner. Once considering a run as an independent, Bloomberg expressed his views about the presidential election during a University of Michigan commencement ceremony Saturday.

Mostly, he railed against what he sees as demagoguery in both parties, which he thinks comes as a result of extreme partisanship, rather than the fact that many Americans are suffering despite a purported economic recovery. 

He continued to press his case that somehow Bernie Sanders and Donald Trump are somehow equivalent.

"When a populous Democratic candidate promises free college, free health care and a pony, or another candidate promises to make other countries pay for our needs, remember, those who promise you a free lunch will invariably eat you for breakfast," Bloomberg said

Bloomberg’s suspicion has become a trademark of American voters sticking with the establishment candidate. Both Trump and Sanders, though vastly different, have made jobs a major issue of their campaign. But Bloomberg believes more emphasis should be placed on adapting to the job market rather than chasing after an unfortunately exported position.

“Whatever you think your dream job is today, don’t get too attached to it. Chances are, if the job still exists in 15 years, it will be very different – and you may have found other passions. Keeping an open mind to new ideas will be essential to your professional success, and it will be just as crucial to our collective future as a democratic society,” the former mayor told the crowd.

While this point was reasonably well received, Bloomberg was booed when he criticized the notion of "safe spaces" on college campuses. "The fact that some university boards and administrations now bow to pressure and shield students from these ideas through 'safe spaces,' 'code words' and 'trigger warnings' is, in my view, a terrible mistake," Bloomberg said.

In his view, college is about learning "how to deal with difficult situations — not to run away from them."

He discounted the notion of what students like to call "microagressions."

Watch Bloomberg rail against demagoguery and draw a somewhat specious equivalence between Sanders and Trump:

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