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The upshot of this brief historical overview is that incumbent Presidents have rarely lost their re-election efforts, and whey they did the circumstances generally included poor economic conditions (Hoover, Carter, and Bush 41), combined with facing a very strong opponent (Hoover/Roosevelt, Carter/Reagan, Bush 41/Clinton).
We are currently facing very challenging economic times, but they are the result of external factors, not the policies of the Trump Administration. The economic policies of the Trump Administration produced some of the best economic times ever.
And Joe Biden is among the worst challenger ever to face-off against an incumbent President. He’s nowhere close to the political actors that Roosevelt, Reagan, and Clinton were.
While Pres. Trump is polarizing, he’s not unpopular in his own party the way Carter was, and to a lesser degree Pres. Bush 41. Pres. Trump did not face a challenge from inside his owner party like Carter did, not does have have to deal with a significant Third Party candidate like Pres. Bush 41 did.
Setting aside the hysteria caused by the political press, this election has none of the historical earmarks of prior re-election efforts where the incumbent lost.