Contrary to what many may be thinking right now, the US President has not been elected yet. At least, not formally. The United States presidential elections exercise an indirect voting system where the populace (actually) selects Electors who will vote on their behalf to choose the President. Of the fifty states, forty-eight use a winner-take-all method where a candidate with the most votes win the entire electoral votes of that state, i.e. while extremely unlikely, it is possible to lead by just one vote in California and take all of its 55 electoral votes.
Now, I do not mean to fuel a conspiracy theory. In practice, electors pledge to vote according to whoever wins the state. But, it is entirely possible for each of the state's electors to vote against the popular vote of the state. Several states have laws against faithless electors, but penalties are never severe, except possible ostracisation from the party. As the federalist and founding father Alexander Hamilton suggested, electors are honourable men themselves who must vote according to their conscience, put the interest of the Union above all else, and must use their discretion at an extraordinary time when it reasonably must be exercised.
The Electoral College was designed entirely to avoid the election of a popular but unfit to carry the burden of the highest office. The college is an imperfect system and I, for one, believe it must be abolished. Four times in history have the college elected a President who lost the popular vote and it is clear that this year's election will make it the fifth. Electors rarely become faithless (only 157 instances in history) and previous faithless electors never turned an election, but I strongly hope to witness an extraordinary wave of faithless electors this year.
It won't be until 19 December that the Electoral College convene at each of the state's capitals. While very, very, very improbable, I still have a bit of hope that—even though these men and women are loyal to their parties—they will uphold the vision of the Founding Fathers and put the interest of the Union above all else.