Wednesday, November 9, 2016

The U.S. election. It's The Daily Crunch.

THE DAILY CRUNCH
WEDNESDAY, NOVEMBER 9 2016 By Darrell Etherington

The Daily Crunch 11/09/16

America made the worst kind of history today. It's the Daily Crunch for November 9, 2016.

1. The election.

It's the only story that matters today. And it's terrifying and tremendously sad to anyone with any sense, compassion or genuine human feeling.

Be safe and help each other.

2. The effect on people and respect.

Trump's uncontested statements on the record about women and people of color will have significant lasting and negative impact on our children, and the contradiction between what you're supposed to do to become a good person, and what you can actually do and still hold the highest office in the U.S. is plain to see today in a way it couldn't be at any prior time in history.

CNN's Van Jones articulated this better than perhaps anyone else in the moment as the results were coming in last night.

3. The pollsters and pundits were wrong.

To be fair, what appears to be a narrow Clinton victory in the popular vote was within the margin of error for some national polls, but the consensus across the media yesterday was that she would win comfortably. Nate Silver's FiveThirtyEight gave Clinton a 71 percent chance of victory, and they were more bullish on Trump than most. You can expect a lot of hand wringing and discussion about how the experts got this so wrong.

4. Climate crisis.

A Trump presidency's impact on climate change could be so dire as to be irreversible, possibly removing our last chance to turn things around. The impetus on companies developing sustainable and green tech has never been more urgent, as a result.

5. Markets may never recover.

The New York Times' Paul Krugman has a dire view of a Trump presidency's impact on international financial markets, noting that they may never fully recover. Worse yet: He sees that as one of the less pressing of our concerns as the result of the election's outcome.

6. Trump and Pence combo could be terrible for tech.

A Trump/Pence presidency would be unsurprisingly disastrous for tech, and here's why. If there was ever a time or a need for tech to exercise its considerable influence over Washington, this is it. Impact on tech is again one of the least worrying aspects of this whole disaster, given human rights, ecological and defense concerns, but hopefully tech fighting back can help with those more important issues.

Get more stories at techcrunch.com 

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