Joe Biden

Robby Soave | 7.8.2024 5:05 PM

President Joe Biden sent a defiant letter to congressional Democrats on Monday morning stating unequivocally: "I am firmly committed to staying in this race." This followed his Friday interview with ABC's George Stephanopoulos, in which he said it would take a literal act of God to force him off the 2024 Democratic presidential ticket.

"If the Lord Almighty came down and said, 'Joe, get out of the race,' I'd get out of the race," said Biden. "The Lord Almighty's not coming down."

That interview failed to reassure many Democrats that Biden has the stamina to defeat Donald Trump in November, or even that he is cognitively fit to serve as president for another term. But make no mistake: He has every intention of continuing his campaign. Moreover, it is extraordinarily unlikely that he will be forced off the ticket, and pundits who expect Biden to ultimately bow out are glossing over some hard truths about power and politics—namely, that Biden wants to be president again.

At the moment, the prevailing wisdom in Washington, D.C., is that Biden's immediate fate is uncertain at best. A previously neutral-to-supportive political media has turned on him completely, in part due to a toxic combination of betrayal—reporters feel duped by the White House about the extent of his impairments—and despair over his dwindling reelection odds; countless mainstream news organizations are now calling for him to drop out. Some congressional Democrats have endorsed these calls, and Democratic leaders on Capitol Hill are currently meeting to discuss Biden's future. Major donors want him gone. Hollywood is out.

These defections have impacted the betting markets. On PredictIt, Biden went from having about an 80 percent chance of........

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