How Biden’s presidency will be remembered

- YouTube

Jon Lieber, Eurasia Group's head of research and managing director for the firm's coverage of United States political and policy developments, shares his perspective on US politics from Washington, DC.

This is what we're watching in US Politics this week: One question that's going to be debated for a long time in the coming years is what is President Biden's legacy? I think there are a couple of things that he's going to be remembered for.

The first is the extraordinarily chaotic global environment over which he presided. Republicans will tie this back to the shambolic withdrawal from Afghanistan that President Biden presided over. But following that, you had the Russian invasion in Ukraine and the events of October 7th in the Middle East that led to the ongoing war there that is just now starting to look like it's settling down. But this is clearly going to be one of the background themes of any assessments of President Biden's legacy.

Biden's now one of four one-term presidents in the last 50 years, and one of the reasons that he lost was of course inflation. And inflation, you could argue was fueled by the pandemic or you could argue it was fueled by early actions taken by the Biden administration to spend a lot of money, perhaps more money than was necessary. But either way, the inflationary story of 2021 and 2022 is going to be remembered as one of his key legacies and one of the reasons that he lost reelection. Now that loss to Donald Trump, allowing probably one of the more controversial presidents in certainly recent American history, to come back into office and mount an unprecedented political comeback is also going to be part of Biden's legacy. Because of the fact that he decided that he was able to run even at his advanced age, that blocked out the Democrats from having an opportunity to hold a primary and then forced the Democrats to change horses midstream and move over to Kamala Harris in the middle of the election cycle, who of course lost to Trump. That is also going to be part of his legacy.

And it's unclear. Biden thinks, says it publicly, he could have won election if he just stayed in. He's 82 years old. He'd be the oldest president ever if he did, and there's obvious decline in his faculties over the course of the year. But more importantly, the American people really started to lose confidence in Biden as time went on this year. So not at all clear that he would've won that election or that any other Democrat could have won that election if there were a primary process. But his sticking around and the White House staff and other Democratic operatives that covered for the age-related decline that he was experiencing is also going to be a part of President Biden's election.

Probably one of the more consequential things I think he's going to end up having done over the longer term is increasing the US confrontation with China, particularly over technology policy. The world is at a critical juncture when it comes to the advanced semiconductors and artificial intelligence. And the wall that the Biden administration has been trying to erect around Chinese access to US advanced technologies is going to have ripple effects and repercussions for years to come. The Trump administration's likely to continue a lot of that, and this could potentially be an inflection point in 10 years time as we look back and look at the two different tech ecosystems that are being built out. A lot of that legacy is going to trace back to the Biden administration.

So that's a pretty complex, mixed legacy. The US doesn't have lot of one-term presidents in recent history. Most one-term presidents aren't remembered that fondly. Presidents like George H.W. Bush look a lot better in the long distance of history, whereas President Jimmy Carter who recently passed away still has a bit of a mixed legacy. And that's probably where Biden's going to end up.

More from GZERO Media

- YouTube

If China, Japan, and South Korea formed a united front, what kind of leverage would they have in negotiating against US tariffs? I think they are heading in that trajectory. The question is, will it be enough to keep Syria stable and away from descending into civil war? Why does Trump want to take Greenland? Ian Bremmer shares his insights on global politics this week on World In :60.

President Donald Trump, seen here on the South Lawn of the White House in February, is set to unveil his "Liberation Day" tariffs.

REUTERS/Craig Hudson

T-Day has arrived. On Wednesday afternoon, Donald Trump’s reciprocal tariffs on US trade partners will take effect immediately after a Rose Garden announcement.

A giant screen in Beijing shows news footage about the People's Liberation Army (PLA) joint army, navy, air and rocket forces drills around Taiwan on April 1, 2025.
REUTERS/Florence Lo

Beijing conducted one of the largest and most provocative military drills ever around the island -- but why now?

President of Ukraine Volodymyr Zelenskyy speaks during a briefing, Kyiv, Ukraine, on March 28, 2025.
Ukrinform/ABACA via Reuters Connect

Vladimir Putin insists that Volodymyr Zelensky is no longer Ukraine’s legitimate president because his government has imposed martial law and delayed elections that were due in 2024.

President Donald Trump speaks from the Oval Office flanked by Commerce Secretary Howard Lutnick on the day he signed executive orders for reciprocal tariffs, Feb. 13, 2025.
REUTERS/Kevin Lamarque

Details of a group chat between senior administration officials that leaked last week – the so-called Houthi PC small group – provide allies, adversaries, and watchers with revealing insights into the administration’s foreign policy blueprint. Lindsay Newman explores the takeaways.

Proud Source became a Walmart supplier in 2021. Today, its team has grown by 50%, and it's the largest employer in Mackay, ID. Walmart supports small businesses across the country, and nearly two-thirds of Walmart's product spend is on products made, grown, or assembled in America. It’s all a part of Walmart’s $350 billion investment in US manufacturing, which helps small businesses grow and supports US jobs. Learn more about Walmart’s commitment to US manufacturing.

As Microsoft celebrates its 50th anniversary, Vice Chair and President Brad Smith sits down with company cofounder Bill Gates for a special episode of Tools and Weapons. They discuss Gates’ new memoir, "Source Code: My Beginnings," reflect on Microsoft’s impact over the past five decades, and explore why the next phase of the digital revolution is shaping up to be the most exciting yet. Subscribe and find new episodes monthly, wherever you listen to podcasts.