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Joe Biden wins US election

by Financial Economy

Joe Biden wins US election. The 46th US President is called Joe Biden, while Kamala Harris will be Vice President: Her lead in Pennsylvania secured the election victory. Incumbent Trump, however, refuses to admit defeat.

Joe Biden wins US election

The wait is over: After an unprecedented campaign and a long neck and neck race to count the votes, Joe Biden has won the US presidential election, according to CNN, NBC, BBC and the AP news agency. In more and more states, he made up for the lead of incumbent US President Donald Trump and passed him after counting early and postal votes.

Most recently, according to media reports, Biden has also won the highly competitive state of Pennsylvania – and can thus unite more than the required 270 electoral votes. This means that Biden can no longer take the US presidency mathematically.

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This was preceded by a big race to catch up Biden in the counting of votes in Pennsylvania. Trump was still ahead in the state on Wednesday morning (local time) with more than 600,000 votes. That was because in Pennsylvania the votes cast on election day were counted first – and the majority voted for Trump. The early voters, who were more likely to vote for Biden, were not evaluated until later.

In the 2016 election, Trump only narrowly prevailed in Pennsylvania: At the time, he was 0.7 percentage points ahead of his Democratic rival Hillary Clinton.

Biden announced on Twitter that he was honored to see the election result. “The work ahead of us will be tough, but I promise, I will be president of all Americans, whether you voted for me or not.” In a message from Biden, it also said: “After the election campaign is over, it is time to leave the anger and harsh rhetoric behind us and come together as a nation.”

Trump does not want to recognize his current election defeat, as stated in a statement by the Republican: “The simple fact is that this election is far from over,” he said. His campaign team will take legal action on Monday, Biden falsely portrayed himself as the winner.

Trump is continuing his strategy of the past few days: Time and again he had repeated the unproven claim that he was the victim of alleged electoral fraud against which his lawyers would take legal action. On election night, Trump declared himself the winner in the White House during the ongoing count and announced that he would bring his claim to the Supreme Court of the United States. The 74-year-old had previously left it open whether he would accept the election result and did not want to guarantee a peaceful transfer of power.

With the 77-year-old Biden, a professional politician is now emerging again as the winner of the US election after the entrepreneur Trump had a surprise victory four years ago. Senator Kamala Harris would become the first woman and first African American woman to serve as vice president. Biden had declared the election to be the “fight for the soul of this nation” since his candidacy against Trump was announced.

As head of state, Biden can probably count on the majority of the Democrats in the House of Representatives. So far, however, his party has not been able to secure control in the Senate. A decision on this should only be made in two runoff elections in the state of Georgia in early January. Without a majority in both chambers of parliament, it would be almost impossible for Biden to push through major reform projects.

Source: https://www.spiegel.de/

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