For the last five years, the American media elite has been preoccupied with former President Donald Trump and Republican Trumpism . News reporters and television are engrossed in his actions and prospects every day and the future of the party he conquered in 2016. And, with the presidential elections not so far away, there seems to be rough waters ahead for President Biden.
Rough Waters Ahead For President Biden
What are the odds of Biden, like Bill Clinton and Barack Obama, winning the reelection, serving the second term, and becoming the 47th President on January 20, 2029?
The odds of that happening are about the same as the odds of a previous rookie Rich Strike winning the Kentucky Derby when leaving the Churchill Downs start gate at 80-1. Democratic lawmakers and party officials are venting frustration with President Biden’s struggle to advance most of his agenda, questioning his ability to save the party from a predicted mid-term defeat, and increasingly viewing him as an anchor to fall in 2024.
Biden is the 4-1 2nd desire at London-primarily based Ladbrokes and Betfair sportsbooks totally and is +545 at electionbettingodds.com. Biden is +425 in Bet Online, an offshore sportsbook that opened in 2001. Considering the primary difficulties Biden faces in the manner of renomination in 2024, the midterm elections five months off. There are 950 days remaining until Monday, January 20, 2025.
Under President Biden, economy in shreds, illegal migrants flooding in
Equity portfolios, pensions, and severance pay schemes’ benefits are being eroded. These massive market losses are also a key indicator of an imminent recession, as voters have passed the decisions of the White House and the Democratic Party, which controls both houses of Congress. But even before we fell into recession, Americans already lived on 8% Biden inflation, which lasted for months, affecting all the necessities of normal life, such as bread and gasoline. And it seems that the worst has come yet.
The Federal Reserve has reversed direction from its smooth cash days, and all started to elevate interest rates to squeeze the Biden inflation out of the economy. What lies in advance might also additionally remind folks who have been around then of Jimmy Carter’s “stagflation” wherein interest rate hit 21 percent to kill an inflation that reached 13 percent. The crisis on the southern border is more serious than ever. In April alone, about 234,000 immigrants were arrested for illegal entry into the United States, and thousands of others avoided contact with U.S. authorities.
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America unhappy with President Biden
The latest national polls suggest that the country is blaming Biden. The President’s approval rating has dropped to 39%, and only one in three Americans think the country is moving in the right direction with good economic control. Biden may find solace in the way his predecessors overcame midterm defeats. Clinton lost 54 House seats in 1994 but easily won reelection in 1996. Obama lost 63 House seats in 2010 but recovered to easily defeat Mitt Romney in 2012.
Why can’t Biden survive the expected storm in the middle of this year and come back to win the 2024 Reelection?
The main factor is age. Clinton was 50 in her reelection year in 1996 and Obama was 51 in his reelection year in 2012. And eventually, both were at the peak of their political powers, but Biden, on election day 2024, will be two weeks shy of his 82nd birthday. If he was in his second term, he wouldn’t leave the White House until he was 86. Biden has been the oldest President in the United States since his inauguration.
Rough Waters ahead for the DNC too
Yes, it is clear that there will be rough waters ahead for President Biden, but along with him, the DNC too, will suffer. In November, his party will suffer a crushing defeat comparable to that of Clinton and Obama. However, unlike Clinton and Obama, the party does not immediately rally around Biden as its current and future leader. Commentators within the Democratic Party started to blame Biden for the defeat. An ambitious Democrat who sensed the disaster when Biden led the ticket in 2024 has resigned in 2024 and has begun calling on him to give way to a new face as a young candidate. One or two progressives declare themselves presidential candidates, and pressure mounts on Biden to avoid personal and political humiliation in the 2024 primary by retiring, as Harry Truman did in 1952 and Lyndon Johnson in 1968. By the starting of 2023, Biden will have taken the line that managing the challenge posed by China and Russia while managing recession and inflation requires his full attention. And these prevent a national political campaign for reelection. Then, President Joe Biden announces he will not run again.
About Harry S Truman
Harry S. Truman was the 33rd president of the United States, serving from 1945 to 1953. A lifetime member of the Democratic Party, he previously served as a U.S. senator from the state of Missouri from 1935 to 1945. Who led his country through the final stages of World War II and through the early years of the Cold War.
About Lyndon Baines Johnson
Lyndon Baines Johnson was an American politician who served as the 36th president of the United States from 1963 to 1969. He had previously served as the 37th vice president from 1961 to 1963 under President John F. Kennedy.
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