PNN – The American billionaire investor warned about the high possibility of the Democrats losing in the 2024 US presidential election due to the presence of Joe Biden as the main candidate of this party.
According to the International group of Pakistan News Network, One of the managers of the American investment funds stated in a statement that there are many doubts about Joe Biden’s victory in the 2024 American elections and suggested that another candidate from this party be introduced for this election.
Bill Ackman, one of the main supporters of the Democratic Party in the United States, warned that Joe Biden’s candidacy could have very big consequences for the Democratic Party in the upcoming elections, and in a post published on the X social network, it is clear that “Donald Trump is going to crush Biden.
He has stated in his predictions that the Democratic Party and Joe Biden are moving towards a train wreck and we must pull this train off the rails as soon as possible. According to him, it is better for Biden to kindly open the way for the new leadership to prevent any imminent crisis.
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In this regard, he wrote: If the Democratic Party wants to have a chance to introduce a candidate who can compete with Trump, it should use a strong and credible competitor for the presidency as soon as possible and leave Biden aside.
Ackman’s proposal to introduce a new election candidate, “Dean Phillips”, a Democratic representative from the state of Minnesota, USA, has gained Ackman’s strong support.
Regarding Phillips, Ackman said: He is extremely intelligent, very experienced and successful in the field of business and politics, and is considered a moderate person who can be very attractive to both Republican and Democratic voters.
Previously, Ackman supported Phillips on January 13 and announced that he would spend $1 million to support this American Democratic politician. It’s the largest donation he’s ever given to a candidate.
He believes that Dean Phillips can be a very outstanding and good president for the United States of America. Ackman’s argument in criticizing Biden and supporting Phillips is influenced by Biden’s poor performance in various national polls against Donald Trump, and he believes that these polls will get worse as Biden ages.