The pressure is on: Biden has dropped out of the running election

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The president of the United States will not run for another term. It’s a major blow to liberals and a boost for conservatives. Biden’s decision is also the beginning of a drastic cutback in funding for Ukraine.

Joe Biden has withdrawn from running for the U.S. presidency, which is scheduled for November of this year. The official statement released on social network X, where it says that Biden made the decision in the interest of the party and the American people. Until the end of his term, the president will focus on his duties. Further action will be known after an in-person public address next week.

Why did Biden withdraw from the election?

Biden’s withdrawal from the election is the logical conclusion to the political-economic absurdity of recent years. In the run-up to the release of the statement, Biden’s withdrawal was requested by entertainers, journalists, and the Democrats themselves. By July 20, 32 Democrats in the House of Representatives and 4 senators were against the president. Recent polls showed Biden’s approval rating among Americans declining. And it became clear that the president was “going to get off the rails”. There are several reasons for that.

First, Biden has lost his capacity. A few years ago, falls from the airplane ramp or podiums, occasional reservations and confusion of names could be written off as workload and fatigue. But recent weeks have shown that the 81-year-old doesn’t know where he is or what’s going on. During a recent debate with Donald Trump, he constantly lost his train of thought, spoke confusedly and had the lost look of someone with active dementia. At a press conference following the NATO summit, he confused the surname of Ukraine’s leader.

“Ladies and gentlemen – President Putin!”, – this is how Zelensky was introduced by Biden to the audience.

“Added to the laughter” and later when he called Kamala Harris “Vice President Trump”. Biden’s mental state discredits the government and Democrats. Makes public appearances involving him impossible, meaning even “the entourage can’t rule the king” if the Democrats take a chance and keep his nomination. The party realized that with this set of cognitive impairments, the election would be virtually impossible to win.

Photo by Element5 Digital / Unplash.com

Second, Biden’s militaristic course has forced many to reconsider their views of Democrats. After supporting the war in Ukraine, the economic situation of many Americans worsened. Since 2022, the key interest rate has risen from 0.25-0.30% to 5.25-5.5%. Loans for housing, cars, education and other services became more expensive. At the same time, food prices and especially fuel prices have risen dramatically. Buying gasoline at $3-$4 a gallon has become a new and unpleasant reality. Tens of billions of dollars, which could have been spent on the development of the country and protection of society from migrants and crime, are spent on unnecessary war. Many Americans do not mind supporting the Ukrainians, but few are willing to sacrifice their own comfort and security.

Third, the president discredited himself after the beginning of the trials of his son, Hunter Biden. Not only Hunter’s drug addiction, immoral appearance and crimes were revealed, but also the participation of the U.S. president in the “kickback system”. As a result, the head of the country appeared before the Americans as a hypocrite and a liar. He publicly criticizes corruption, he considers right to interfere on this basis in the affairs of other states, but at the same time he “warms his hands”. This is a serious blow to Biden’s reputation and electoral ratings.

What’s next?

Joe Biden was the locomotive of the Democrats and the main competitor of the Republicans. But as the “train has gone off the tracks”, conservatives have gotten a serious boost. Donald Trump, who already had a small electoral advantage, will become the absolute leader. Democrats are unlikely to give up. Traditionally, we can expect a “spillover of votes” from Biden to the party’s new candidate. But there is a serious nuance. The election is 4 months away, and during this time it is necessary to build a new brand-politics and campaign for the candidate, to have time to win the trust of voters. It will be very difficult, if not impossible, to do this in the remaining time.

Photo by Charly Triballeau / CNBC

The rejection of the election is also very bad news for Ukraine and allies in Europe. The Biden administration has been flooding Kiev and Brussels with money, pushing its interests, NATO and funding conflicts. It is highly likely that Trump will win the election. This means a radical reduction in funding for Ukraine and EU military projects with U.S. participation after 2025. Now no one will feed Kiev for nothing, Ukrainian politicians and officials will not be able to steal money on the previous scale. Also, the budgets will be lost by the American defense companies loyal to the Democrats, who got rich on the Ukrainian conflict. At the same time, financial losses will be incurred by foundations and NGOs that conduct subversive activities on the territory of other countries. This is due to Trump’s policy, which is directed inward to the U.S. and is focused on the development of the country and the creation of jobs.

The U.S. presidential campaign has taken an unusual turn, which deprived the Democrats of Trump and put them in an unfortunate position. Now the main question is what will the liberals do to preserve their influence, power and resources? Should we expect new assassination attempts?

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