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The art of dropping out: Presidential candidates call it quits in 2016




SIMI VALLEY, CA - SEPTEMBER 16:  Republican presidential candidates (L-R) Rick Santorum, George Pataki, U.S. Sen. Rand Paul (R-KY), Mike Huckabee, U.S. Sen. Marco Rubio (R-FL) , U.S. Sen. Ted Cruz (R-TX),  Ben Carson, Donald Trump, Jeb Bush, Wisconsin Gov. Scott Walker, Carly Fiorina, Ohio Gov. John Kasich and New Jersey Gov. Chris Christie stand onstage during the presidential debates at the Reagan Library on September 16, 2015 in Simi Valley, California. Since then, the field has narrowed as candidates have dropped out.
SIMI VALLEY, CA - SEPTEMBER 16: Republican presidential candidates (L-R) Rick Santorum, George Pataki, U.S. Sen. Rand Paul (R-KY), Mike Huckabee, U.S. Sen. Marco Rubio (R-FL) , U.S. Sen. Ted Cruz (R-TX), Ben Carson, Donald Trump, Jeb Bush, Wisconsin Gov. Scott Walker, Carly Fiorina, Ohio Gov. John Kasich and New Jersey Gov. Chris Christie stand onstage during the presidential debates at the Reagan Library on September 16, 2015 in Simi Valley, California. Since then, the field has narrowed as candidates have dropped out.
Sandy Huffaker/Getty Images

The race is narrowing. Today, Republican Rand Paul said he's bowing out of the 2016 presidential contest. He follows fellow Republican Mike Huckabee and Democrat Martin O'Malley. They both called it quits – or 'suspended their campaigns' as politicians put it – shortly after the results of the Iowa caucases came in Monday night.

This brings up a big question: if you're dropping out, how and when should you do it?

If history is any guide, making smart choices when throwing in the towel can mean a lot to a candidate's future.

For more we turn to Matt Latimer, contributing editor at Politico. He's also a former speech writer for George W. Bush.

Politico's How to Drop Out of the Presidential Race



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