At 12:00 a.m. on November 7, Taiwan time, The Associated Press announced that Biden won Pennsylvania (20 votes) and Nevada (6 votes), and won a total of 290 electoral votes (Note 1) (the threshold for victory: 270), Biden officially became the 46th President of the United States, and Trump became the first sitting president to lose re-election since George HW Bush in 1992. Tracking all the way to the present, finally electoral economics has entered the final chapter.
The Pennsylvanian wins the world, Biden wins back the rust belt, flips the sunshine belt, and becomes the 46th president of the United States As photo background removing we analyzed in Election Economics (II) , Biden's route to victory includes: Win back the three rust belt brothers (Pennsylvania, Michigan, Wisconsin, which Hillary lost in 2016) Flip the Sun Belt (Arizona, Georgia, where Republicans have been in power for more than 20 years) Although Trump won the "election octopus" Ohio (18 votes), and held the key swing states-Florida (29 votes), and the Republican party's big vote-Texas (38 votes), the early balloting was full of momentum, but With a large number of Democratic-leaning mail-in ballots being cast, the "blue shift" has put Biden behind Wisconsin (10), Michigan (16), Georgia (16), and Pennsylvania (20).
The final popular vote difference between the two sides in the swing states was not large, but the "winner takes all" system made Biden's electoral votes (Note 2) much higher than Trump's (290-214). 1 Photo Credit: Finance M Squared The Republicans have a high chance of holding the Senate majority, and the Democrats still control the House of Representatives, but their seats are reduced In the Senate election, incumbent Democratic Senator Doug Jones of Alabama lost to Republican Tommy Tuberville, while Arizona and Colorado went from red to blue. On the other hand, contrary to our original expectations, the incumbent Republican senators from Iowa and Maine were confirmed for re-election. Currently, the Democrats have only a net gain of one seat in the Senate, and the two sides are temporarily tied (48 vs 48).