Posted on: Posted Date – 11:35 PM, Sat – 11/12/22
WashingtonU.S. President Joe Biden is becoming the first president in U.S. history to lose the fewest seats in midterm elections, as both Republicans and Democrats in the Senate are split by 49 votes, despite Donald Trump’s strong opposition to inflation. At stake is every seat, the latter of which only needs a single seat for a majority, which could come from Arizona, California, Nevada or Georgia runoff.
In the Senate, Democrats took a seat from Republicans. Even if both sides split their votes, Democrats stand a good chance of winning in Georgia, where Sen. Raphael Warnock is ahead of footballer anti-abortion activist Herschel Walker. ), hunted by his ex-girlfriend’s abortion scandal. Even before they got to California.
The general trend in the mid-term is that the incumbent always loses, with Trump losing a chunk of his seat. But Biden bucked the trend. So far, they have won nothing in the Senate, only one seat, and are set to retain the upper house, losing only about 11 seats in the lower house.
In the House of Representatives, the Democrats now have 199 seats to the Republicans’ 211, and the Republicans only need to gain seven more seats to take the House back from the Democrats. Currently, the Democrats have 220 seats and the Republicans have 212.
Even if Republicans regain the House, they will still have a slim majority of the 435 lawmakers, media reports said.
“Since the Civil War, the party in the White House has only won a seat in the midterms 3 out of 40 times,” Jim Kessler, executive director of the center-left think tank Third Way, told ABC News.
“This has happened in 7 out of 27 midterm elections since direct elections for the Senate in 1914. Gaining a seat in the House won’t happen, but the loss will be small. A tie or vote in the Senate is just around the corner.”
By contrast, during Barack Obama’s first term, Democrats lost 63 House seats during the midterm elections. Republicans lost 40 seats in the House of Representatives during the 2018 cycle of Donald Trump’s presidency.
Former President Bill Clinton lost 53 House seats in his first midterm election. Despite predictions of a red wave or red tsunami, Biden lost just 11 seats, and most of Trump’s handpicked candidates lost the election.
In the Senate, Democrats are relying on a runoff in Georgia for a majority, calling for a Dec. 6 runoff between candidates as neither candidate can reach the 50% popular vote threshold to win.
Democrats are in a good position to win and retain control of the Senate now that inflation and high prices, the main pillars of Trump’s campaign, have been knocked out.
Inflation fell to 7.77% in October from a forecast of almost 8%. Housing rents have fallen. The market soared, with grocery prices up just 0.4%.
Nobel laureate Paul Krugman and prominent economist Jeremy Siegel both predicted that with inflation showing a downward trend — and gasoline prices falling by the dollar despite high grocery prices — the market has started to surge4 %, the stock may rebound into the end of the year.