Oct. 22, 2015 — Despite media reports predicting that Vice President Joe Biden would enter the presidential race early in the week, yesterday he officially announced that he will not, saying his “window of opportunity had closed.”
As we had stated here earlier, Biden had three obstacles to overcome, none of which appeared easy to traverse. First, to which he referred in his Rose Garden announcement, the time was fast elapsing when he could reasonably develop a campaign from the ground up, in terms of building both a fundraising and grassroots political organization.
Because of his longstanding career in national politics, Biden wouldn’t have been starting a national campaign at political ground zero, but would have been uncomfortably close. The vice president already realized that he was likely past the point of no return to compete in Iowa and New Hampshire, thus leaving South Carolina as the state where he could make his first stand against former Secretary of State Hillary Clinton and Sen. Bernie Sanders (I/D-VT). This would have made generating any serious momentum very difficult when already two highly publicized voting events would be completed before a Biden campaign even realistically began.
Second, constructing an organization that could raise millions of dollars quickly in $2,700 maximum increments during such a short time frame would also have been an arduous task regardless of his current political position. Yes, Super PACs would have quickly formed to support him and could have bundled large sums in short order, but he would still need a sizable amount of funding to directly control. As we know, candidates and their staffs can have no say in how Super PAC money is spent.