Bidens Waning Support and Potential Exit from the 2024 Race

President Biden is facing significant challenges to his re-election campaign. He is experiencing low approval ratings, with even a majority of Democrats believing he should not run again. His performance is raising concerns among Democrats about the party`s chances in the upcoming election. Adding to the difficulties, influential figures like Teamsters Union President Sean O`Brien are signaling openness to supporting Donald Trump, potentially eroding Biden`s support among union members. Despite a favorable economic outlook that would typically benefit an incumbent president, Biden`s re-election prospects are considered poor, with betting markets heavily favoring Trump.