Joe Biden has formally announced that he will seek the presidency once again in 2024. The 80-year-old US president, already the oldest person to hold the office, faces the prospect of a rematch with former President Donald Trump, who is currently in the lead. Republican territory. Mint breaks down the significance of Biden’s announcement.
- “When I ran for president four years ago, I said we were in a fight for the soul of America. And we still are,” President Biden said in a video announcing his intention to seek re-election .
- He argued that he needed more time to “finish the job”. He slammed the “extremists” in the opposition for “dictating health decisions, banning books and telling people who they can love”.
- Some see merit in another Biden run for the presidency. With Trump likely to win the Republican nomination once again, Democrats may prefer to stick with Biden as the president has already defeated Trump in the election.
- Biden also has his achievements to talk about. At home, he has passed legislation to combat climate change, reduce health care costs, and attract investment, especially in advanced and renewable technologies. Abroad, he has taken a strong line on China and restored America’s traditional coalition-based approach to international politics.
- Liberals are also likely to rally around the president after the Supreme Court ruled to uphold abortion rights for women. The issue is likely to set fire to Biden’s base.
- However, there are also concerns about Biden’s candidacy. His approval ratings remain low and concerns about his age abound, given that he will be 86 by the time he serves a potential second term.
- They also face domestic challenges such as persistently high inflation, which has caused great suffering to families. Economic growth is also likely to take a hit in the coming year, which doesn’t bode well for Biden. He is also unlikely to have any major legislative accomplishments, given that Republicans now control the House of Representatives.
- Ultimately, Biden may have to rely on the fact that Trump is a highly divisive and extremely unpopular figure to a large segment of the electorate. This, and Trump’s legal troubles, have led some within the Republican Party to ask whether he might be better served by a younger challenger such as Florida Governor Ron DeSantis.
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