The negative theory is that they're hiding Biden to prevent him from hurting himself by saying something stupid.
The positive theory is Biden's campaign understood that in 2016 whoever was in the media saw their support drop, so they're simply staying out of the spotlight and letting Trump drown himself.
A lot can happen in 3.5 months and the debates are a wildcard. If it's more of the first I wonder if the campaign will do something like refuse to debate until Trump releases his tax returns.
The positive bump of a good debate is nice but usually temporary.
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Uncertainty is an uncomfortable position.
But certainty is an absurd one.
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