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Analysis of Democratic Nomination for 2024 Presidential Election

by A1

3 months ago


According to the bettors' odds on Polymarket, President Joe Biden is leading as the top contender with a 48% chance of securing the Democratic party's nomination for the 2024 presidential race. Following closely behind is Vice President Kamala Harris with a 36% likelihood.

Politics has emerged as a popular subject on Polymarket, a platform where individuals engage in betting on contentious global events.

Despite mounting pressure from certain Democrats urging President Biden to step back due to age-related and cognitive concerns post a lackluster performance in a prior debate against former President Donald Trump, Biden remains steadfast in his commitment to run for re-election in 2024.

The debate triggered apprehension within the Democratic Party promptly, prompting donors and supporters to question Biden's suitability as the primary candidate to challenge Trump.

Despite these apprehensions, Biden stands firm in his resolution to pursue a second term, expressing confidence in defeating Trump once again.

In a televised interaction with George Stephanopoulos, Biden, who would be 86 should he secure a second term, stated, “If the Lord Almighty came down and said, ‘Joe, get out of the race,’ I’d get out of the race… But the Lord Almighty is not coming down.”

Poll Findings

An examination of a July 6 Morning Consult survey reveals that Biden lags behind Trump among their 2020 supporters and partisan bases.

Additionally, independent voters are evenly split between the two potential nominees.

In key swing states, while Biden leads in Michigan and Wisconsin, there is no clear advantage in Arizona, Georgia, Nevada, North Carolina, and Pennsylvania.

A majority of swing-state voters, comprising 55%, opine that Biden should cease his campaign, encompassing 29% of Democrats and 58% of independents.

Biden's resolute position has evoked a mix of responses within his party. While figures like Harris have endorsed him, others such as Illinois Representative Mike Quigley advocate for his replacement with fresh leadership.

Concurrently, Harris strives to enhance her visibility and underscore her accomplishments, potentially positioning herself for a future leadership role.

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