Economic divide between U.S. political parties widened in 2020 vote

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(Bloomberg) – The results of last week’s presidential election showed a growing partisan and economic divide between urban and rural America.

President-elect Joe Biden’s victory in 477 U.S. counties encompasses 70% of U.S. economic output, while President Donald Trump’s base of 2,497 counties accounts for less than a third of the economy, according to a published Brookings Institution analysis Tuesday.

In 2016, Democratic candidate Hillary Clinton won counties representing 64% of economic output, while Trump made up just over a third.

“The problem – as we have seen over the past decade and we will probably continue to see it – is not just that Democrats and Republicans disagree on issues of culture, identity and power. , but they represent radically different parts of the economy, ”wrote researchers Mark Muro, Eli Byerly Duke, Yang You and Robert Maxim (NASDAQ :).

Democratic voters tend to live in various economic centers. They are often college graduates and hold jobs that depend on investments in research and development, technology and service exports, the authors wrote. Much of the Republican base, meanwhile, resides in more rural areas and small towns and is often more dependent on “traditional” industries for employment.

Almost every county with the biggest savings voted for Biden, including a few Clintons lost in 2016 like Maricopa County in Arizona, Duval County in Florida, and Tarrant County in Texas. The counties with the biggest savings for Trump in 2020 were Nassau and Suffolk on Long Island in New York City.

“This economic divide which persists in the division of the nation is a problem because it underlines the virtual certainty of both the continued clashes between political parties and the continued alienation and misunderstanding,” the authors wrote.

© 2020 Bloomberg L.P.

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