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I still think Biden is going to win, but the Democrats losing the election isn’t going to hurt them at all.
Remember, the electoral system is designed to PUNISH the voters. If the Dems lose in 2024, they’d be able to point to the voters who dared to defy the system and say: “see, this is what you get if you don’t toe the line. you get someone so much worse. this is your punishment and you better think twice before throwing tantrum again.” By 2028, the voters would have been sufficiently punished that they’d vote for the Democrats again. Thus, it ensures that the system is held up and working as intended.
Also, if the recession is going to come around 2025-2028 (as I have said before, if the Fed rate maintains throughout 2024 there probably won’t be a recession, but it has to come down eventually), then it’s not such a bad idea to let the Republicans hold the basket of radioactive potatoes while the Dems is out of government.
This is the key lesson to everyone who still doesn’t understand how the American electoral system works: it wins votes not by fulfilling campaign promises, but by punishing those who do not wish to participate in the system designed to enrich the bourgeoisie.
At the end of the day, losing the voters is nowhere near as important as losing the donors.