Will Joe Biden announce that he is both dropping out and resigning from the presidency before the end of July?
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resolved Aug 1
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NO

Resolves YES if Joe Biden announces both that he is no longer running for re-election and that he will be resigning and not completing his current term. These announcements before the end of July 2024 in Pacific Time, but he does not have to have formally resigned and be out of office before the end of July. An announcement of his intention to do so is sufficient to resolve this market.

Otherwise, this market resolves NO on August 1st.

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I love that I got negative 1 PP from this even after I sold all of my NO position before resolution lol.

If he dies does this resolve yes or no?

Not the owner of the market, but corpses can't resign.

no wait put that 10k limit order for YES back up

bought แน€100 YES

VP calling for him to resign too... you'd think theyd want him to stay in race vs another candidate

you'd think theyd want him to stay

Or he personally prefers to reduce chances of Biden, (instead of the chances of democrats in general).

I would do the same. I might be in one party, but when I want the best for the country I prefer healthy competition and getting rid of the worst case scenario.

What you said works if the person wants the best for the party instead.

Biden now has an extended lame duck period and a small boost of goodwill. He's likely to push stuff that he wouldn't have otherwise, and that's a risk for the Republicans in the race because Kamala can claim some credit if it's popular and disavow if it's not. And it could turn the discourse to Democrats' favor.

OTOH, if Biden resigns Kamala gets "battle-tested" and may grow in credibility. But she won't be able to act as freely in these few months before the election, since she'll be on the campaign trail. It's a risk for the Rs either way, but one path puts the Dems on the back foot.

It's possible for someone to finish the last six months of their term without being a good choice for the following four years.

bought แน€100 YES

Undervalued IMO. Barely went up with the covid news.

That is because despite it hurting the country he โ€œLeadsโ€ he doesnโ€™t want to dropout of the election and if he does he will hold on to his presidency

lots of action on poly

bought แน€750 NO

Can someone explain why they think he would also resign vs just not seeking re-election (e.g. like LBJ)

because the same reasons for his dropping out of the election (cognitive decline mostly) would also be strong reasons for why a president should step down from office.

thereโ€™s a slight chance it could help Kamala get votes too if she is running as the sitting president.

I think people figure it would boost Kamala's chances if she is the president while running. An incumbency advantage even if it's small. Or at least that's the reasoning I've heard!

If Joe Biden resigns, that would put Kamala Harris in a position to potentially have the second longest presidency in US history:
/jks/will-another-us-president-hold-offi

bought แน€100 NO

Odds of resigning the presidency feel extremely slim. I think this is probably still substantially high. Odds of dropping out is another thing but together it just doesn't matter if he's not gonna resign.

yeah if he does resign it's likely to be much later, too.