The state of the economy is inevitably a central issue in presidential campaigns, debates, and elections. This year will likely be even more intense than usual, with the fallout from the pandemic causing millions of Americans to lose their jobs, their savings, and, in many instances, their businesses. The best candidate to deal with the situation will be the subject of strong opinions and disagreements. During elections, economics becomes "electionomics," with rhetoric often far overshadowing reality.
Uncertainty is generally bad for business. Companies function best when conditions are relatively predictable and they can plan accordingly. If firms are anxious about the future, then economic growth will be adversely affected.
The results are in and Donald Trump has been elected as the 45th President of the United States in a surprise victory. Despite the polls showing Hillary Clinton to have a slight but consistent and sustained lead, Donald Trump pulled off key wins in swing states such as Florida, Ohio, North Carolina, Wisconsin, and Pennsylvania to end up with the majority of the electoral votes.