A second term for Joe Biden is a terrible idea – except for all the alternatives
The latest polls suggest that a large majority of Americans don’t want President Joe Biden to run again. He is nevertheless expected to announce, likely as soon as Tuesday, that he is seeking a second term.already has a lock on the Democratic nomination, and despite the findings of polls conducted a long year-and-a-half before the 2024 vote, he stands a good chance of being re-elected. What’s more, he deserves to be.
But before I shower Scranton Joe with faint praise, let’s talk about the elephant that dogs him: age. Mr. Biden is four years older than George W. Bush. Not four years older than Mr. Bush was in the White House, but four years older than the current age of an ex-president who was last in office a decade and a half ago. He’s also 19 years older than Barack Obama.
But even that dynamic duo are preparing for the inevitable. They’ve given a farm team of portfolio managers control over some investment decisions, and they’ve quietly tapped Canadianthe chief executive officer of Berkshire’s energy subsidiary, as Mr. Buffett’s eventual successor.
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