Same old same old
American politics is getting senile. Donald Trump and Barack Obama were both elected as agents of change, repudiations of an ancien régime represented by the Bush and Clinton dynasties. But after eight years of Obama, Hillary Clinton inherited the Democratic party anyway. Frustrated with just how little had changed, voters clutched for a more radical alternative in 2016 — and they found it in Trump. Now, if polls and betting markets are to be believed, the country is on the verge of turning its back on Trump. But if he does lose in November, his defeat does not promise to be a source of renewal — not when the alternative is a 77-year-old former vice president.