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Information for accountants and accounting companies: "What Happened on Election Day"

Paul Krugman: Our Unknown Country


We still don’t know who will win the electoral college, although as I write this it looks — incredibly, horribly — as if the odds now favor Donald J. Trump. What we do know is that people like me, and probably like most readers of The New York Times, truly didn’t understand the country we live in. We thought that our fellow citizens would not, in the end, vote for a candidate so manifestly unqualified for high office, so temperamentally unsound, so scary yet ludicrous.

We thought that the nation, while far from having transcended racial prejudice and misogyny, had become vastly more open and tolerant over time.

We thought that the great majority of Americans valued democratic norms and the rule of law.

It turns out that we were wrong. There turn out to be a huge number of people — white people, living mainly in rural areas — who don’t share at all our idea of what America is about. For them, it is about blood and soil, about traditional patriarchy and racial hierarchy. And there were many other people who might not share those anti-democratic values, but who nonetheless were willing to vote for anyone bearing the Republican label.

I don’t know how we go forward from here. Is America a failed state and society? It looks truly possible. I guess we have to pick ourselves up and try to find a way forward, but this has been a night of terrible revelations, and I don’t think it’s self-indulgent to feel quite a lot of despair.

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People filled the overflow section of the Javits Center where Hillary Clinton is holding her election night event in New York City. Credit Todd Heisler/The New York Times

NYT/By Paul Krugman