During his "My Take," Wednesday, "Varney & Co." host Stuart Varney addressed Biden's "disastrous" polling numbers on the economy and his overall approval, arguing there is little the "badly divided" Democratic Party can do to remove him as their candidate unless the president voluntarily steps down.
: This presidency is going from bad to worse. I can't imagine what's going on in the White House.
The election is less than a year away, and the president's advisers know Joe Biden is likely to lose.
The latest Gallup poll shows his approval rating has dropped to 37%.
President Biden speaks in the Roosevelt Room of the White House in Washington, D.C., on March 10, 2023. (MANDEL NGAN/AFP via Getty Images / Getty Images)
That's the lowest of his presidency in a Gallup poll. On the economy, he's down to 32% approval.
For an incumbent president seeking re-election, these numbers are disastrous.
To make things worse, he leads a badly divided party. Divided on Israel and Gaza. Divided on the border and migrants.
The dilemma is how to get the president out of the race.
There is no easy answer if Joe Biden himself doesn't step aside voluntarily.
My colleague, Liz Peek, points out that in the 1960s, President Johnson announced that he would not seek re-election.
That was a bombshell because the Democrats had to scramble for a candidate.
The party was as divided then as it is now. The infighting was intense. Just as it would be now.
At the convention in Chicago, rivals nearly came to blows. It was a riot.
Eventually, the Democrats picked Hubert Humphrey, who promptly lost to Republican Richard Nixon.
To sum it up, Biden's insistence on running is killing his party.