A well-known Democratic contributor is pleading with President Biden to get out of the 2024 contest.
According to Bloomberg, billionaire investor Bill Ackman says that Joe Biden’s prime is over.
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“Biden’s done a lot of good things. But I think his legacy will not be a good one if he is the nominee,” Ackman stated in a future installment of “The David Rubenstein Show: Peer-to-Peer Conversations.”
“The right thing for Biden to do is to step aside, and to say he’s not going to run, and create the opportunity for some competition,” Ackman said.
The founder of Pershing Square Capital Management, Ackman, expressed his “impressed” with Minnesota Democratic Representative Dean Phillips, who has announced his candidacy for the Democratic presidential nomination.
“You need to be at your intellectual best. And I don’t think Biden is there,” Ackman said.
“I don’t say that, you know, with any derision of the president, but I think he’s clearly past his physical and cognitive peak,” Ackman added.
According to InfluenceWatch, Ackman has continuously backed Democratic politicians since 1998.
He reportedly stated that he preferred Republican candidates over Biden, including former South Carolina governor and U.N. ambassador Nikki Haley and former New Jersey governor Chris Christie.
Stuart Varney boldly states in an engaging opinion piece that Joe Biden shouldn’t even be given consideration for a position on the ballot in 2024.
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“This presidency is going from bad to worse. I can’t imagine what’s going on in the White House. The election is less than a year away, and the president’s advisers know Joe Biden is likely to lose,” he said.
“The dilemma is how to get the president out of the race. There is no easy answer if Joe Biden himself doesn’t step aside voluntarily,” He made reference to the 1968 choice made by outgoing President Lyndon Johnson to not run for reelection in the face of declining popularity.
“To sum it up, Biden’s insistence on running is killing his party,” Varney said.
Douglas Schoen says that replacing Biden won’t suddenly solve the party’s issues. He implies that it could already be too late to make a difference.
“[B]y staying in the race as long as he has, Biden has made it near impossible for a candidate other than Harris to meet filing deadlines to get on primary ballots, or to build out the massive organizational infrastructure necessary to run a presidential campaign,” He wrote, mentioning Vice President Kamala Harris, noting that she too suffers from dismal polling statistics.
Schoen wrote that “whether or not Biden is the nominee, Democrats are in a weakened position ahead of 2024. And while it may be fair to ask whether Biden should have said at the beginning of the year that he would not seek reelection in order to give challengers time to position themselves, the simple fact is that he did not.”
“As such, despite Biden’s declining poll numbers, changing horses in the middle of the 2024 race would, at best, have very little impact,” he wrote.
