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How Can Trump Lose? He Can’t.
Over the last several decades, as the internet has become a major factor in economic growth, economists spend lots of time talking about something called ‘destructive innovation,’ which is what happens when a new type of economic activity disrupts and eventually destroys or totally transforms an existing market.
But I happen to believe that the destructive innovation practiced by Donald Trump in the political market is much more powerful and different than anything which happens in economic terms. Not only has Trump done political things in ways that have never been done before, but his destructive approach to how he has dealt with losing the 2020 election, if anything, is even more innovative than what he has done up until now.
Think of some of the guys who lost Presidential elections and how they behaved after the votes came in. Walter Mondale joined a New York law firm and was never heard from again. George H. W. Bush got his name mentioned a few times after his losing 1992 campaign, but that was usually something having to do with his son running and winning the 2000 campaign.
Even the guys who win two national elections are usually quiet except for a peep here and there. Barack gets an interview from time to time on CNN, but the Q&A lasts for five minutes or less. The last time that George Bush made a speech was at a commencement of…