Democratic strategist boasts party fought to undermine 'dangerous' third-party threat to Biden

The bipartisan centrist political group No Labels announced on Thursday it would decline to field a presidential candidate in the 2024 election, saying it had failed to find a "hero" candidate who could take on both President Biden and former President Trump.

Republican and Democratic strategists celebrated the group's failure to secure an acceptable challenger while on CNN Friday morning.

"It was silly from the beginning. It was poorly run, poorly executed," Republican strategist Sarah Longwell remarked.

However, Democratic strategist Karen Finney argued No Labels had presented a "dangerous" threat to Biden's re-election chances that Democrats, including her, actively worked to undermine.

NO LABELS DECLINES TO FIELD CANDIDATE IN 2024 PRESIDENTIAL SWEEPS: 'A HERO NEVER EMERGED'

"They were very dangerous because they had over $70 million to get on the ballot," Finney recalled.

"And what they were promising…They were promising that they could win states like Texas. And again, it was totally illogical, but it was a very real threat that myself and others worked very hard to not just undermine, but to make sure that the people they were talking to understood, that their rhetoric just did not work, and their math did not work," she added.

No Labels National Political Director Joe Cunningham told Fox News on Thursday that the decision to abandon their efforts to find a third-party candidate for the presidential race was not made lightly.

"Let me say, it's not for lack of trying," Cunningham said on "Your World." "The short answer is that to field this ticket, No Labels was looking for a hero, and a hero never emerged."

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Democrat strategists