An insight into the possible effects that Biden’s confirmation as president of the United States would have.

Joe Biden’s victory in the US presidential election could change the world in many different and radical ways. On the one hand, it is a defeat for talkative populism and the fall of a “strong man”. Donald Trump is quite reminding us that a populist and charismatic leader not always wins.

A figure is more personal than institutional, more visceral than rational, and more conflictive than conciliatory. The first change lies in the tone and the nature of the speech. Joe Biden is a much more traditional politician. That is, his style is less related to third world populism.

In slightly more advanced democracies, the institutional prevails over the personal. And complaints are treated as complaints. This implies that the complainant must present evidence. And it is the judge who has the last word. Meanwhile, deprive the principle of innocence until proven otherwise.

Donald Trump has yet to show proof of the alleged fraud. And his accusations appear to be unfounded. For that reason, the media, the leaders of the United Kingdom, most of Europe, governments in Asia, the Middle East, Africa, and America have recognized his victory.

In Latin America, two governments, Brazil and Mexico, have yet to acknowledge Biden’s victory. Interestingly, both are populist governments. Additionally, the governments of Russia and China have decided to wait to state on the matter. Both are authoritarian governments. Institutionality is the key concept here.

Donald Trump has the right to file complaints. If one has evidence of fraud, one must present it. But he is not a judge. It is not the Supreme Court of Justice. In other words, it cannot issue a sentence. That makes Joe Biden the sole winner of the election (until proven otherwise).

Joe Biden’s victory and the Pfizer vaccine have brought a lot of optimism among investors. And optimism means buyers. Buyers mean hikes. Is Biden a communist or a left-wing radical? Of course not, it is important to remember that Joe Biden is no stranger. Biden is a well- known face in USA politics for many, many years.

Their positions are widely known. He (Biden) is too far from being a radical. Biden is a moderate center; a centrist. He does not belong to the radical gang of his party. Biden is not a Bernie Sanders, an Elizabeth Warren, or even an Alexandria Ocasio-Cortez. We are not talking about the New Green Deal here.

Associating Joe Biden with the radical left during the campaign was a laboratory strategy on the part of Trump’s command.

Biden’s economic plan is not bad at all. We can find the classic democratic proposal in every idea he states. It is also important to remember that Democratic administrations are better for the economy than Republican ones. There is no radicalism anywhere. The richest surely will pay more taxes. Yes, we will have a generous stimulus package. But, in this case, unlike the Trump packages, we will have a greater emphasis on fiscal stimuli and not so much on monetary ones.

By: Jenson Nuñez.


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