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.
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.
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