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Biden clearly does not have dementia. He has some other serious problems, but his mind is there. Once you decode his halting delivery, the ideas behind his positions are sound. You can tell his mind is still sharp, it’s his body that is betraying him.
This is exactly what we should expect all of Biden’s top allies to say, publically, unless he decides to back out, in which case all these same people will publically say the next lady is the best bet now.