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November 8, 2022

United States. In the midterm elections, the Democratic Party retained (narrowly) control of the Senate and kept its losses in the House very limited. This is unusual, as midterms should be the time for the opposition party to shine. This should be especially true when there is unrepeatable inflation and when the vast majority of Americans believe the country is on the wrong track. Instead, Biden and the Democrats are poised to have one of the four best midterms of the last century for the party that controls the White House. This is the first time since 1934 that the president’s party has achieved a net gain in governorships in a president’s first term. (1986 is the only other midterm since 1934, regardless of when it fell in a presidency, when the president’s party achieved a net gain in governorships, although Ronald Reagan’s GOP suffered massive losses in the Senate that year.)