Is it Riskier to Stick with Biden or to Leave Him Behind? The question of whether it is riskier to stick with President Joe Biden or to leave him behind encompasses a wide array of considerations, from domestic policy and economic stability to international relations and global leadership. This report will analyze the facts and figures associated with Biden’s presidency, evaluate the arguments for and against continuing his leadership, and explore the potential impacts on the United States and the world.
Facts and Figures
Economic Performance:
- GDP Growth: In 2021, under Biden’s administration, the U.S. GDP grew by 5.7%, the highest since 1984 .
- Unemployment Rate: As of early 2024, the unemployment rate has hovered around 3.5%, one of the lowest in decades .
- Inflation: Inflation has been a significant issue, peaking at 9.1% in mid-2022 before falling to around 3% by early 2024 .
Legislative Achievements:
- American Rescue Plan: This $1.9 trillion stimulus package provided direct relief to Americans and aimed to bolster the economy during the COVID-19 pandemic .
- Infrastructure Investment and Jobs Act: A $1.2 trillion package aimed at improving the nation’s infrastructure .
- CHIPS and Science Act: A $280 billion package to boost domestic semiconductor production and scientific research .
Foreign Policy:
- NATO and Global Alliances: Biden has focused on rebuilding relationships with NATO allies and reinforcing global alliances, which had been strained under the previous administration .
- China: Relations with China remain tense, with ongoing trade disputes and geopolitical rivalries, particularly in technology and military expansion .
- Ukraine: The Biden administration has been a key supporter of Ukraine in its conflict with Russia, providing significant military and financial aid .
Arguments for Sticking with Biden
Stability and Experience:
- Experienced Leadership: Biden’s long tenure in politics provides experience in navigating complex domestic and international issues.
- Policy Continuity: Continuing Biden’s administration ensures stability and continuity in policies, particularly in economic recovery and international relations.
Legislative Success:
- Effective Legislation: Biden has successfully passed several major legislative packages that address critical issues such as infrastructure, technology, and healthcare.
Global Leadership:
- Strengthening Alliances: Biden’s approach to foreign policy has reinforced alliances, particularly with NATO and European countries, crucial for global stability.
Arguments for Leaving Biden Behind
Economic Concerns:
- Inflation: Persistent inflation issues have caused economic strain on households and businesses, prompting criticism of Biden’s economic policies.
- Public Debt: The substantial spending on stimulus and infrastructure has increased national debt, raising concerns about long-term fiscal sustainability.
Political Polarization:
- Divisive Policies: Some of Biden’s policies have deepened political divisions, particularly regarding climate change, healthcare, and social issues.
- Approval Ratings: Biden’s approval ratings have fluctuated, sometimes reflecting significant public dissatisfaction with his administration’s performance.
Age and Health:
- Concerns About Age: At 81, Biden’s age and potential health issues are a concern for some voters, who fear it might impact his ability to effectively govern.
Impact on the World and America
If Biden Stays:
- Global Stability: Continued support for global alliances and international institutions could foster global stability and cooperation.
- Economic Policies: Ongoing efforts to address inflation and economic recovery may stabilize the U.S. economy in the long run.
If Biden Leaves:
- Policy Shifts: A new administration could bring significant policy changes, impacting everything from healthcare and climate policy to foreign relations and trade.
- Uncertainty: The transition could create short-term uncertainty both domestically and internationally, affecting markets and geopolitical dynamics.
Conclusion
The decision to stick with President Joe Biden or move on to a new leader carries significant implications for both the United States and the world. While Biden’s administration has seen notable successes in legislative achievements and international diplomacy, challenges such as inflation, political polarization, and concerns about his age persist. Ultimately, the choice will hinge on weighing the benefits of experienced and stable leadership against the potential for new policies and approaches to address ongoing and emerging issues.