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Brad DeLong on the election returns

Summary:
And, of course, in 2016 three million more voters cast their votes for Democratic than for Republican Senate candidates. And the 2018 House vote went Democratic by 9.2 percentage point:: FiveThirtyEight: Significant Digits For Wednesday, November 7, 2018l: "Voters cast 44.7 million votes for Democratic Senate candidates and 32.9 million votes for Republican Senate candidates... 57 percent of Senate votes went for Democrats... Another reason that America is a republic rather than a democracy, with "democracy" being defined as majority rule.This is not necessarily a bad thing from the liberal point of view, however. Liberalism addressed human rights in terms of both individuals and minorities in order to avoid the tyranny of the majority. Grasping Reality And, of course, in 2016 three

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And, of course, in 2016 three million more voters cast their votes for Democratic than for Republican Senate candidates. And the 2018 House vote went Democratic by 9.2 percentage point:: FiveThirtyEight: Significant Digits For Wednesday, November 7, 2018l: "Voters cast 44.7 million votes for Democratic Senate candidates and 32.9 million votes for Republican Senate candidates... 57 percent of Senate votes went for Democrats...
Another reason that America is a republic rather than a democracy, with "democracy" being defined as majority rule.

This is not necessarily a bad thing from the liberal point of view, however. Liberalism addressed human rights in terms of both individuals and minorities in order to avoid the tyranny of the majority.


Grasping Reality
And, of course, in 2016 three million more voters cast their votes for Democratic than for Republican Senate candidates...
Brad DeLong | Professor of Economics, UCAL Berkeley
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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