Published Aug 5, 2023

No Mercy / No Malice: Trump and Math

Scott Galloway delves into Donald Trump's legal battles and their potential political repercussions, while George Hahn analyzes the shifting dynamics of the 2024 presidential election, focusing on battleground states and demographic changes that challenge the Republican Party's strategy.
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  • Demographics

    The shifting demographics in the United States are reshaping the political landscape, particularly for the Republican Party. highlights how a younger, more diverse, and better-educated electorate is emerging, especially in states like North Carolina, Arizona, and Nevada, which have seen significant economic growth due to new tech and finance jobs 1. This demographic shift is evident as 32 million young people have become eligible to vote since 2016, while 20 million elderly voters have passed away, marking a 52 million voter swing from old to young 1.

    The party's base is older and whiter, and that population is giving way to a younger, more diverse, better educated electorate more likely to vote blue.

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    This trend suggests that younger voters are participating in greater numbers and are not becoming more conservative with age, posing a challenge for the GOP's traditional base 1.

       

    Economic Impact

    Economic growth, particularly in states like North Carolina, is influencing political affiliations and election outcomes. notes that economic indicators such as GDP growth, low unemployment, and wage increases are favoring the Democratic Party 1. The economic success under Biden's administration, with GDP growth accelerating and inflation decreasing, contrasts sharply with other nations and could sway voters who prioritize economic issues 1.

    More importantly for voter economics, US wage growth is now outpacing inflation.

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    This economic backdrop is crucial as it may diminish Trump's influence and leverage, especially if voters continue to focus on economic performance in the upcoming elections 1.

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