He has pretty much conceded the election these days, most poignantly in a quote of a Conservative (capital 'C') British politician:
In 1987, on the eve of Prime Minister Margaret Thatcher's third victory, the head of her Conservative Party told a visiting columnist: "Someday, Labour will win an election. Our job is to hold on until they are sane." Republicans, winners of seven of the past 10 presidential elections, had better hope they have held on long enough.
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