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Bidens about to go down as one of the worst Democrats in the last century because of his hubris if he doesn't. His decent domestic agenda will be overshadowed by him ushering in another trump presidency by ignoring all the signs for him to drop out. He didn't early last year when polls repeatedly showed that people thought he was too old. He didn't when unnamed democrat was leading him by 10 points. He didn't when his Gaza policy alienated large chunks of his base. If he doesn't in the next couple weeks when there will probably be polls coming out showing majority support for him stepping down then he's gone full head in the sand.
It's like RBG all over again, if these people could just get it through there heads to quit while there ahead they could preserve a decent legacy, instead of tarnishing it by leading the way to a regressive order that overturns everything they've done.
This is one of the core problems of the Democrats: hubris. When Obama had a majority in the House and Senate, he could have easily pushed through a Supreme Court appointee to replace RBG. But she wouldn't go. Because in her mind, there was no one qualified to fill her shoes. She was convinced that she was the GOAT and that to voluntarily step down when it was safe to do so would be an insult. This is coupled with the fact that Democrats were absolutely, completely certain that they would win every election for the presidency after Obama without trying and that the "coalition of the ascendant" would easily put Hillary into the White House, and then she could be the first female president in US history and have an easy PR win by replacing an aging female supreme court justice.
I'm willing to bet we have the the same problem here, but in one person: Biden probably thinks the Democrats could never field anyone for president better than him and that his victory is a lock without any real effort to campaign for it again.
Fun fact: the last time anything like this happened it was with Grover Cleveland. Cleveland was the 22nd president of the United States who lost his re-election bid the first time around, and then got re-elected to be the 24th president of the United States. We are officially in the second Gilded Age.