Biden’s Exit: The Right Move for the Democratic Party and the World

Biden’s Exit: The Right Move for the Democratic Party and the World

22 Jul    Finance News, Opinion

Joe Biden’s decision to step away from the 2024 US Presidential election is not only the right personal choice, given his obvious age-ravaged frailty, but the right and decision for the Democratic Party.

In a political landscape increasingly fraught with division and peril, the Democrats must now focus on swiftly anointing a robust successor to counter the alarming prospect of a Trump-Vance ticket. This potential Republican duo, if victorious, poses a significant threat not only to the stability of US politics but also to global democracy and diplomatic norms.

Firstly, let’s talk about Joe Biden. A man who, despite the ceaseless barrage of criticisms, has managed to steer the ship of state through some of the most turbulent waters in recent memory. His administration has faced down a pandemic, an insurrection, and a myriad of other crises with a steady, albeit sometimes shaky, hand. But Biden is not a young man. The presidency ages its occupants in dog years, and Biden’s age and health have been increasingly scrutinised. By stepping aside, he acknowledges the need for fresh leadership and the brutal reality of the physical and mental demands of the presidency. It’s a rare moment of self-awareness in a field often marked by stubborn clinging to power.

The Democratic Party, now free from the encumbrance of defending an aging incumbent, must act swiftly to consolidate its power around a fresh and dynamic candidate.

And why is this so critical? Enter stage right, the Trump-Vance ticket. The prospect of a Donald Trump and J.D. Vance presidency is enough to send shivers down the spine of anyone, living and breathing on planet earth. Trump, a figure whose presidency was marked by divisiveness, unpredictability, and a flirtation with authoritarianism, paired with Vance, a man who has pivoted sharply from an anti-Trump conservative to a staunch supporter, is a nightmarish scenario. It’s a combination that threatens to unpick the delicate fabric of American democracy and, by extension, destabilise the global order.

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For the Democrats, the urgency of identifying and rallying behind a successor cannot be overstated. This successor must embody a vision of progress, inclusivity, and resilience. Figures like Vice President Kamala Harris, Transportation Secretary Pete Buttigieg, or even rising stars like Governor Gavin Newsom must now take centre stage, presenting a united front against the looming spectre of Trumpism. The party must not allow the primaries to devolve into a fractious battle that weakens the eventual nominee. Instead, it should focus on building a cohesive narrative that underscores the successes of the Biden administration while charting a forward-looking agenda that addresses the pressing concerns of everyday Americans.

Moreover, the Democratic Party’s strategy must also encompass a robust voter mobilisation effort. The 2020 election demonstrated the power of grassroots organising, particularly in battleground states. This momentum must be sustained and amplified, ensuring that voter suppression efforts are vigorously countered and that the electorate is fully engaged. The stakes could not be higher, and complacency is a luxury the Democrats cannot afford.

Furthermore, a Trump-Vance ticket poses a direct threat to the sanctity of democratic institutions. Trump’s attempts to overturn the results of the 2020 election and his influence over the January 6 insurrection are well-documented. Vance, who once criticized Trump, now echoes his baseless claims of election fraud. This duo could erode the already fragile trust in American electoral integrity, potentially leading to further civil unrest and weakening the democratic norms that underpin not just the US, but many other democracies around the world.

A Trump-Vance administration would likely double down on the isolationist, nationalist policies that characterized Trump’s first term. This is bad news for global trade, international alliances, and collective security. The world saw the fallout from Trump’s “America First” policies – alienation of allies, emboldenment of autocrats, and a retreat from international cooperation on issues like climate change and public health. A second round, with a potentially more ideologically aligned vice president in Vance, could be even more destructive.

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The implications for Europe, Asia, and the broader international community cannot be overstated. The US, for all its flaws, is still a linchpin in the international system. A destabilized America under Trump and Vance could embolden adversaries like Russia and China, while leaving allies uncertain and vulnerable. It could mean the unravelling of decades of diplomatic and strategic efforts aimed at creating a stable, rules-based international order.

It is essential for the Democratic Party to act swiftly and decisively. They must coalesce around a candidate who can counter the Trump-Vance threat with a vision that is both aspirational and achievable, one that can unite a divided nation and restore faith in its democratic processes. This candidate needs to be more than just a reaction to Trump; they need to offer a forward-looking agenda that addresses the concerns of all Americans, from the urban centres to the rural heartlands.


Richard Alvin

Richard Alvin

Richard Alvin is a serial entrepreneur, a former advisor to the UK Government about small business and an Honorary Teaching Fellow on Business at Lancaster University. A winner of the London Chamber of Commerce Business Person of the year and Freeman of the City of London for his services to business and charity. Richard is also Group MD of Capital Business Media and SME business research company Trends Research, regarded as one of the UK’s leading experts in the SME sector and an active angel investor and advisor to new start companies. Richard is also the host of Save Our Business the U.S. based business advice television show.

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