Key Challenges
Despite President Biden’s achievements, U.S. democracy is in a very fragile state. Biden entered the White House after an attempted insurrection by supporters of his predecessor, Donald Trump, who actively encouraged their cause. America’s electoral processes are dysfunctional, largely because they are managed by state governments. Trump holds a much different view from Biden on sustainable governance, maintaining a strong stance against policies aimed at tackling climate change. His record on social welfare and labor protections is mixed, although the mainstream position among his party’s elected officials is clearly hostile. If Trump is elected in November 2024, he will reorient the federal executive branch’s priorities in direct opposition to those of Joe Biden.
Nonetheless, both presidents’ legacies are not entirely within their own control. For example, while Joe Biden has become a supporter of a woman’s right to choose in his later political career, it was during his presidency that the Supreme Court ended the national constitutional right to an abortion, devolving abortion law to state governments and depriving millions of women of access to abortion in the meantime. Likewise, Donald Trump might find that some of his efforts – such as his increasing desire to use the legal system to persecute his political opponents – may run into trouble from forces within the judicial branch itself.
There is a growing sense that the United States has lost its swagger on the world stage. Its self-confidence has taken significant blows recently, and the challenge posed by the rise of China is more palpable now than ever. However, this report does not uniformly paint a bleak picture of the country’s prospects or its commitment to sustainable government. The capacity of the federal government is vast; it remains an enormous investor in science and technological research. The United States is a wealthy country with extensive human and natural resources that are productively deployed. Although the country is characterized by high levels of inequality, even the living standards of lower-income Americans are relatively high.
The United States now operates in a more competitive international space than it did after the collapse of the Soviet Union. The threats to U.S. power are clearer than ever. It can no longer rest on its laurels as it once perhaps did. However, the Biden administration has demonstrated a strong understanding of this among U.S. policymakers. Biden’s four signature spending bills are only understandable when seen from the perspective of arresting American decline.
In the years ahead, significant benefits from Biden’s policy legacy will emerge, even if Donald Trump is elected president. Infrastructure investment will provide long-term advantages, strengthening the U.S. economy and enhancing productivity. Biden’s investments in science, research, and specific manufacturing sectors help build the country’s resilience against potential future shocks to the international system. Biden’s Inflation Reduction Act (IRA) is the largest climate and industrial strategy legislation in the free world, aiding the United States in meeting its global commitments to tackling climate change.
A future Trump presidency will not be able or even willing to overturn these investments. The U.S. political system will contain some, but not all, of his governing instincts. Trump cannot be a dictator in a way familiar to the outside world. There are too many limitations on the presidency. Policymaking in the U.S. is too sclerotic. The federal system and separation of powers constrain his policy options. However, Trump will do his best to continue to erode faith and trust in the U.S. political system, and it is here where he may do – and already has done – lasting damage.