Duopoly

President Joe Biden recently announced his reelection campaign with a video, rather than with the kind of public event that one would expect from an incumbent president. Of course if the incumbent is an 80-year old showing signs of cognitive decline, with an approval rating of only 39% , a stealth campaign announcement was in order. Yet despite all these deficiencies, Biden could win again. He has already asked Democratic Party fundraisers to begin the process of raising $1 billion . If history is any guide, they will do just that. And in case anyone doubted, the Biden campaign held a two day fundraising strategy session for the deep pocketed, mega check bundling crowd who cast their votes before anyone else gets to have a say.