Biden Exits 2024 Election: Impact on Political Landscape

 Overview




In the United States of America, the Republican and Democratic parties adopt different strategies and visions that have a huge impact on determining relations with international organizations as well as reshaping the global geopolitical landscape.

 

During his recent debate with Donald Trump, Joe Biden’s performance and speeches sparked numerous negative reviews from the American people, especially from Democrats, who thought that Biden was clearly struggling, and some Democrats even questioned his ability to lead the country.

 

President Joe Biden’s withdrawal from the 2024 presidential race for the presidency of the United States of America ignited an array of different responses among the American people as well as both Democrats and Republican Party members and had numerous implications for the US and the world.






Biden’s Withdrawal From 2024 American Presidential Election And Its Impact On The Geopolitical Dynamics In the United States Of America 




Despite his insistence on proceeding in the presidential race and beating Donald Trump, President Joe Biden stated that he is no not going to seek a second term following his disastrous debate performance, as many people claim, especially Democrats.

 

Biden’s circle of support rapidly shrank significantly to his closest aides and family members. Also,  most of the members and advocates of the Democratic Party of the Democratic Party urged him to retreat from the presidential election as numerous Democrats were concerned about old age, deteriorating physical and cognitive capabilities, and ultimately his ability to lead the country.

 

During a press conference, Joe Biden made some verbal slip-ups, including calling the president of Ukraine Vladimir Putin and Kamala Harris Donald Trump vice president.

The decision of President Biden marked an unprecedented historic moment in the politics of the United States, as it is the first time that a president announces that he is not seeking to pursue a second term. Since Biden’s withdrawal from the election, Kamala Harris has been receiving endorsements from Democratic Party members.


President Joe Biden’s retreat from the presidential election sparked numerous concerts and fears, especially among economic analysts, as the void that Joe Biden created following his withdrawal could pave the way for Donald Trump, who pledged to cut corporate taxes and interest rates. Also, many analysts state that Donald Trump would make global trade relations much tougher, which could damage public tax revenue and in turn increase the government's budget deficit.

 

Joe Biden’s exit from the US presidential election ignites great doubt and uncertainty in the world as western leaders are concerned about the strategy to adopt towards the war in Ukraine and Gaza and the growing Chinese dominance in Asia.

 

The implications of capital markets are heavily linked to whoever rises to power, Democrat or Republican. In the case of a democratic win, a huge amount of the government budget will be allocated to benefit numerous social programs like infrastructure, healthcare, and education. Conversely, the Republican scenario, which, according to some analysts, will result in tougher conditions to benefit from healthcare, will devote a large portion of the country’s budget to financing the military to strengthen the US's geopolitical dominance in the world.







Bottomline



Biden’s exit from the US presidential race will surely play a major role in developing the new geopolitical landscape in the US and around the world.and alters the power dynamics in the region significantly as it urges both Republican and Democratic parties to reconsider their campaign strategies.



Furthermore President Joe Biden’s withdrawal from the 2024 presidential election 

made it crucial for the democratic party to maintain and strengthen unity among party members thus; vice president Kamala Harris will have to bridge the gap between different members within the democratic party. 

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