While the neoliberal class within the Democratic Party panics following Biden's predictably disastrous performance, the real debacle lies with the authoritarian and draconian policies pushed by both candidates.
For decades, Biden has helped inflame the very conditions which immiserates life for poor and working people in the US: endless war, corporate globalization, stagnant wages, crippling inflation and sky-rocketing rents, an exploding ecological crisis, government crackdown on social movements, mass incarceration, and the militarization of the police.
Its growing anger at this reality that has allowed fascists like Trump - a billionaire backed by a growing section of the elites - to paint himself as a faux alternative to the neoliberal Center.
True to his racist core, Trump spent much of the debate defending the January 6th attempted coup and also blaming immigrant workers for inflation - which in reality is caused by price gouging corporations - who Trump wants to again cut taxes on.
As a record breaking heat wave hits the US and whole states go up in flames, poor and working-people struggle to make ends meet in the midst of this "great" economy. Meanwhile, both corporate parties seek to convince people they have the solutions to problems that they have helped create.
But the ruling class only seeks to manage this disaster - not get us out of it. In reality - our only hope lies in our ability to organize and fight back, building vibrant movements that can create and sustain new forms of life within this collapsing civilization of war, exploitation, and ruin.
Faith in the institutions is collapsing because they are being exposed for what they are. Let's work to make sure that what comes next builds power from below, not imposing it from above.