An ugly election is shaping up.

First, Wall Street is all that stands between America and a Trump presidency!  As Donald Trump slew a succession of mainstream or even not-so-mainstream Republican dragons, the financial industry turned with a will to supporting Hillary Clinton.  Wall Street’s role rose from 32 percent of her campaign contributions in 2015 to 53 percent in March 2016.[1]  Clinton has shrugged off the criticism in this regard directed at her by Democratic rival Bernie Sanders.[2]

At the same time, just over half (51 percent) of 18-29 year-olds do not support capitalism.  A third (33 percent) do support socialism.[3]  That said, it isn’t clear what those polled mean by “capitalism” or “socialism.”  Still, Bernie Sanders is running at a time when many young people are more estranged from the accepted economic system than are their elders.  In the nature of things, the elders are going to die before the younger.  Sanders and his message may help shape the long-term attitudes of an entire generation.  Clinton’s support from Wall Street might confirm their beliefs.  Moreover, that support might make it difficult for Clinton to rally the support of many Sandersites, regardless of what course he follows.

Second, almost two-thirds of Americans in general (62 percent) think that their “beliefs and values are under attack.”[4]  Virtually all (85 percent) Republicans believe that their “beliefs and values are under attack.”  This includes 91 percent of the supporters of Donald Trump.  Thus, Trump isn’t far off what a lot of Republicans say, even if they don’t like the way Trump says it.  So, are Trump’s voters really angry over economic issues or are cultural issues at the heart of this movement?  Poll trolls report that 80 percent of Trumpsters believe that “the government has gone too far in assisting minority groups,” and that 85 percent believe that the US has “lost its identity.”  In the wake of Ferguson and BLM, and President Obama’s executive orders on illegal immigrants, this election could be about race.

Third, it’s going to be a case of voters holding their noses and picking the least bad option.  As of mid-May 2016, only 33 percent of people had a favorable view of the Republican Party, while 62 percent had an unfavorable view.  That’s a minus 29.  That hasn’t sent people streaming to the Democrats.  Only 45 percent had a favorable view of the Democratic Party and 50 percent had an unfavorable view.  That’s a minus 5.  However, 25 percent take an unfavorable view of both parties.[5]

The unfavorable gap is wide for both likely presidential nominees.  Hilary Clinton is at minus 24 (56 percent unfavorable versus 32 percent favorable); Donald Trump is at minus 41 (65 percent unfavorable versus 24 percent favorable).[6]  The majority of people polled have an unfavorable view of both candidates.  Almost half (46 percent) of Clinton’s supporters attribute their main motive to voting for her to the need to keep Donald Trump out of the White House.  Slightly more (47 percent) of Trump voters say that their main motive is to keep Hillary Clinton out of the White House.[7]

Regardless of who wins, this election is liable to leave a bad taste in the mouths of most Americans.  Worse, neither candidate looks like a healer.

[1] “Noted,” The Week, 20 May 2016, p. 18.

[2] Given Wall Street’s history, the question is whether a Clinton “bubble” is growing.  If such a “bubble” bursts, will it happen before the election or afterward?

[3] “Poll Watch,” The Week, 6 May 2016, p. 17.

[4] Lost the reference to this article.

[5] “Poll Watch,” The Week, 13 May 2016, p. 17.

[6] “Poll Watch,” The Week, 29 April 2016, p. 17.

[7] “Poll Watch,” The Week, 20 May 2016, p. 19.

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