What I Find Depressing About the Election Outcome

From a short term standpoint, the outcome was about as good as I could reasonably hope for, assuming that the Republicans will win at least one of the two Georgia Senate runoffs. I was mostly worried that one party, more probably the Democrats, would end up with control of both houses and the White House. Since I expect either party to do mostly bad things, divided government is the least bad alternative.

In the longer run, the situation is depressing. Trump did well enough so that, whether or not he tries to run again, the coalition he created will survive. That means that we will have, for the foreseeable future, two parties neither of which has even a rhetorical commitment to the free market. The Republicans are against free trade and immigration, and the Democrats are against practically everything else.

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