Experts are still dissecting the vote to better understand why Donald Trump was elected. But one message seems relatively clear: Trump voters wanted jobs not welfare. Their concern was the protecting the upside promise of the American dream for their children, not expanding the downside safety net with Obamacare.
Industries without much competition are marked by high prices, low customer service, and a lack of innovation. But when competition thrives in a market, consumers get better goods and services at lower prices. Existing producers in the market don’t like competition, but it’s good for consumers.
[Registration Required] When U.S. President-elect Donald Trump takes office on January 20, he will face a world with more authoritarian momentum and greater democratic instability than at any time in the last several decades. How he responds will be one of the great challenges of his presidency.
As the post-election shock of some, and the euphoria of others, both begin to wear off, the country and the new administration will have some very serious problems to face, at home and abroad. How those problems are faced — or evaded — will tell us a lot about the next four years, and about the longer-run future as well.
With the votes tallied, the 2016 electoral map of the Golden State appears to be deeply divided. Narratives regularly speak of a liberal, prosperous coast and a conservative and impoverished inland -- two politically distinct “Californias.” The presidential results seemingly confirm this view, with the coast firmly voting Democratic blue and the inland region going Republican red once again.
Our friend Tevi Troy, the author of outstanding books about the presidency, is also CEO of the American Health Policy Institute. During the George W. Bush administration, he served as deputy secretary of Health and Human Services.