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Can team Biden avoid a one-term presidency?

On paper, President Joe Biden’s reelection prospects look highly uncertain.

Even among Democrats, a majority (58%) say they want other candidates to enter the 2024 presidential race. At best, President Biden is in a dead heat with former President Donald Trump, the likely Republican nominee. 

Why We Wrote This

Joe Biden faces significant head winds in his reelection bid. Does his position suggest a one-term presidency, or are there factors at play that might assist him over the next year?

Under normal circumstances, a sitting U.S. president would have an advantage in a reelection race. History shows that most incumbents who try for another term win. But these are not normal times. Mr. Biden, now 81, is the oldest American president in history – a negative to voters of both parties. The economy is still recovering from the pandemic, and the rate of inflation, while declining, remains above normal. Two wars are raging abroad. 

At home, Mr. Trump is deploying the language of autocrats, critics say, as his allies reportedly plan for a second term that could blow away the conventions of democratic rule.

In many ways, it’s shaping up to be an election year like no other, but in a fundamental way, it’s utterly typical: The state of the economy, and voter perceptions of it, could well determine the outcome. 

“It’s the single biggest challenge for the administration,” says Democratic pollster Celinda Lake.

There’s still time. 

That’s the message from Democratic strategists to their party’s hand-wringers, following a series of polls that show former President Donald Trump beating the incumbent in a 2024 rematch. 

On paper, President Joe Biden’s reelection prospects do look highly uncertain, if not outright daunting. Even among Democrats, a majority (58%) say they want other candidates to enter the 2024 presidential race. At best, President Biden is in a dead heat with former President Trump, the likely Republican nominee. 

Why We Wrote This

Joe Biden faces significant head winds in his reelection bid. Does his position suggest a one-term presidency, or are there factors at play that might assist him over the next year?

For those who believe a second Trump term is a “break the glass” moment – an emergency for the future of American democracy – it’s time to pull out all the stops. 

But with just under a year to go until the 2024 presidential election, most Americans haven’t fully tuned in. And therein lies hope for both Democrats and Republicans. 

Under normal circumstances, a sitting U.S. president would have an advantage in a reelection race. History shows that most incumbents who try for another term win. But these are not normal times. Mr. Biden, who marked his 81st birthday today, is the oldest American president in history – a negative to voters of both parties. The economy is still recovering from the pandemic, and the rate of inflation, while declining, remains above normal. Two wars are raging abroad, with major U.S. interests at stake and no end in sight. 

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