The most important number from Tuesday isn’t 255 (House seats that will be held by Democrats come January) or 1 (Democratic senators from Texas). It’s the number of people seriously disputing the result: that number rounds to zero. No rallies to stop the steal. No mob at a statehouse. The fraud claims died on arrival. Donald Trump spent the fall calling the polls “rigged,” but ultimately he accepted the outcome—which, of course, was everybody’s fault but his.
For 10 years we were told the machinery was broken. On Tuesday it worked. Next came the inevitable personnel changes. (White House chief of staff Susie Wiles gave her notice yesterday.) Stocks took a tumble, but they’ve already begun to rebound. Everybody can see the wave. A trader asks how long before it recedes. Let’s do the math.