Explain how different is our political and economic status quo now that Biden and the Democrats have won the executive branch?

Question: Well, the “most important election of all time” is finally done. To the relief ofmany liberals, Biden won. These elections are always presented as two distinct visionsfor America’s future. But when you examine the platforms and policies that are putforward by the two major parties, you could reasonably ask this question: How differentis our political and economic status quo now that Biden and the Democrats have won theexecutive branch? How different would it have been if Trump had won another 4 years?Using the Political Compass to get a more critical perspective, examine the variouspositions taken by third party candidates and alternative theories.