Biden goes, endorses Harris

Monday 22 July 2024

The news this morning is that POTUS Joe Biden will serve out his term but will NOT contest the Democratic nomination for the November election.

He has endorsed his deputy, Kamala Harris, who will likely now take the ticket.

Harris’ polling versus Trump is not especially good though being leader can change perceptions. Her running mate will also be important.

Expect an election fought much more on domestic issues now, notably abortion and economic equity.

About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.