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Donald Trump is the president-elect of the U.S.

washingtonpost.com

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Re: Donald Trump is the president-elect of the U.S.

#361

Post by Iv »

nostromo wrote: post #51

Such a watershed moment. A few things strike me: * A Republican just won without being very religious and being wishy-washy on abortion. * The loser out-spent the winner by huge amounts. Does money really buy elections? Maybe, but not this one. * The rich abandoned Republicans, but many poor and working-class abandoned Democrats. [1] 1: http://www.nytimes.com/interactive/2016/11/08/us/elections/e...

On 538 they also talked a lot about political theory during the elections. The "economic model" of the election says that the candidates do not matter, that what matters is the economic state of the country and variables such as the presence of an incumbent.

Most people at 538 seemed to think that this theory would be invalidated after the pretty probablye Clinton win, but was a reason for them to consider the uncertainty high.

I think tomorrow they are going to discuss if this theory is not vindicated after all.

Re: Donald Trump is the president-elect of the U.S.

#362

Post by cJ0th »

woodpanel wrote: post #183
nostromo wrote: post #51

Such a watershed moment. A few things strike me: * A Republican just won without being very religious and being wishy-washy on abortion. * The loser out-spent the winner by huge amounts. Does money really buy elections? Maybe, but not this one. * The rich abandoned Republicans, but many poor and working-class abandoned Democrats. [1] 1: http://www.nytimes.com/interactive/2016/11/08/us/elections/e...

Yep. Been following the coverage since the primaries and though I don't know who I would have voted for, seeing the self righteous intelligentia being so blatantly wrong on the election outcome gives me an embarrassing satisfaction. None of the established media did even try to keep a disguise of neutrality. Not in the US, not the BBC or here in Germany. You can be against Trump all you want, but where has "journalis…

spot on! In the end I (a German) was watching Fox News! Can you believe it? I know they have their own bias but this one time they were doing a somewhat better job.

Re: Donald Trump is the president-elect of the U.S.

#363

Post by cm2187 »

Mikeb85 wrote: post #186
thewarrior wrote: post #44

It is possible to view this as an isolated event or a trend. Coming on the heels of BREXIT this is a trend. The attempts at building an interconnected globalised world are beginning to fail. A bunch of elites decided to create their own trans-national utopia unchecked by borders and dismissed all criticism as racist or bigoted. The globalisation project has been rejected by a majority of the population. Whether it is…

You can't sacrifice large swaths of the population for the so called "greater" good. Globalisation, as it stands now, is neo-colonialism. It offshores blue collar jobs and concentrates white collar jobs in rich countries. It disenfranchises blue collar workers in the west, and causes brain drain in the developing world. All it's done is benefit the elite. Read progressive economists like Piketty, and combine it with…

You could argue that globalization has pulled millions of chinese peasants out of poverty, and helped creating a middle class in China, which is already increasing the pressure on the regime to transition to a democracy.

In any case, as some pointed out here, outsourcing to China is only the first step in the destruction of these jobs. Robotics is likely going to replace many of these jobs in the next 20y, which might bring back some industry into the West, ie more jobs but more sophisticated jobs.

Re: Donald Trump is the president-elect of the U.S.

#364

Post by zamalek »

nostromo wrote: post #51

Such a watershed moment. A few things strike me: * A Republican just won without being very religious and being wishy-washy on abortion. * The loser out-spent the winner by huge amounts. Does money really buy elections? Maybe, but not this one. * The rich abandoned Republicans, but many poor and working-class abandoned Democrats. [1] 1: http://www.nytimes.com/interactive/2016/11/08/us/elections/e...

From an outsider's perspective: superdelegates. Stein hit the nail on the head regarding the Democrat campaign[1]. Moderates swung to non-participation, their vote for Bernie actually meant nothing.

[1]: http://www.aljazeera.com/news/2016/11/jill-stein-expect-trou...

Re: Donald Trump is the president-elect of the U.S.

#366

Post by Fiahil »

thewarrior wrote: post #44

It is possible to view this as an isolated event or a trend. Coming on the heels of BREXIT this is a trend. The attempts at building an interconnected globalised world are beginning to fail. A bunch of elites decided to create their own trans-national utopia unchecked by borders and dismissed all criticism as racist or bigoted. The globalisation project has been rejected by a majority of the population. Whether it is…

> It is possible to view this as an isolated event or a trend. Coming on the heels of BREXIT this is a trend.

I agree with this. Even if the causes are unclear, it would probably set up a path affecting quite a lot western societies (and maybe others too).

Interesting times.

Re: Donald Trump is the president-elect of the U.S.

#368

Post by bambax »

thewarrior wrote: post #44

It is possible to view this as an isolated event or a trend. Coming on the heels of BREXIT this is a trend. The attempts at building an interconnected globalised world are beginning to fail. A bunch of elites decided to create their own trans-national utopia unchecked by borders and dismissed all criticism as racist or bigoted. The globalisation project has been rejected by a majority of the population. Whether it is…

Unfortunately, you appear to be 100% right.

People hate globalization and strangers.

What was also fascinating in this campaign is the divide between the media and the people; even if Trump had lost with 49% of the vote it would have been striking. Zero newspapers endorsed him, which means half of the US population is not represented in the media.

The melting pot has lumps and clots.

Re: Donald Trump is the president-elect of the U.S.

#369

Post by vacri »

thewarrior wrote: post #44

It is possible to view this as an isolated event or a trend. Coming on the heels of BREXIT this is a trend. The attempts at building an interconnected globalised world are beginning to fail. A bunch of elites decided to create their own trans-national utopia unchecked by borders and dismissed all criticism as racist or bigoted. The globalisation project has been rejected by a majority of the population. Whether it is…

> Economists need to stop acting like priests in the medieval ages who justified the existing order . The rural voter who lost his job doesn't care about the theory of comparitive advantage.

Weird - most people on the left don't consider economists to be priests of their world. That's a right-wing frame of mind.

If you are interested in finding the truth here, the first thing to do is stop assuming that all the people who voted conservative are unemployed farmers. There are a lot of the educated elite in that bloc.

Re: Donald Trump is the president-elect of the U.S.

#370

Post by nhaehnle »

Houshalter wrote: post #326
nostromo wrote: post #51

Such a watershed moment. A few things strike me: * A Republican just won without being very religious and being wishy-washy on abortion. * The loser out-spent the winner by huge amounts. Does money really buy elections? Maybe, but not this one. * The rich abandoned Republicans, but many poor and working-class abandoned Democrats. [1] 1: http://www.nytimes.com/interactive/2016/11/08/us/elections/e...

The last point is super interesting. More and more the democrats are coming to represent the upper class and republicans the lower. This election was hugely divided across class lines. Technically it's by college education status. But I believe that is highly correlated with social class.

The sad part of this is that if this election was about economics and not about racism and bigotry, then a lot of people voted rather nonsensically. The Democrats aren't exactly a social/left party (at least by global standards), but they're the party that brought better healthcare while the Republicans are the party of Ayn Randism.

So if lower class people voted Republican for economic reasons, they're only hurting themselves. Of course they'll blame immigrants or whoever, so that it can all end up in a vicious cycle of stupidity.

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