Election Takeaways, Trump Legal Cases, Trump And The Economy
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A look at the elector that chose down trump revealed some intriguing fan.

Exit polls find the share of White voters grew while the share of nonWhite voters went down. Out of that shift, our sense of who's voting and who's not.

I am a til Martin with Steve and skip, and this is up first from npr news. Will be the first convicted felon to serve as present. During the campaign, he spoke of firing one of the people pursuing a pending case, the special council.

It's so easy, I try him within two second.

won't have to, because jack Smith cannot prosecute a sitting president. How to smith?

Also, we have an assessment of the president likes promise to raise terf taxes on imports.

The near term impact would be slower economic growth, but I would also bring in revenue.

So who are the winners and losers stay with us. We've got the news. You need to start your day.

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Vice president Harris committed to a peaceful transfer of power yesterday in ways that president elect trump did not four years ago.

While I can see this election, I do not concede the fight that fuelled this campaign.

but we want to take another look at the voters who fuel that campaign as well as her Victorious opponents.

N, P, R, A senior political editor and correspond to mental montoro, is here with fascinating findings to medical. Good morning. Hey, good morning. So what are in the results that you see?

Well, I mean, i've been saying for some time that we're in the middle of political realignment in the country when that's happening. You know things that really volatile. We won't know what's on the other side of this until the does settles.

And that really hasn't happened yet in the age of trump, but we did find out some things. First, the issue landscape, of course, just favoured republicans from the start of this election because there was an overwhelmingly negative view of the economy. But I had to say, one of those are opening things that I saw in these examples is that White voters actually went up as a share of the elector.

That hasn't happens since one thousand ninety two. me. White voters had been on a steady declines as a share of the electorate because there there are a shrinking share of the eligible voter population. And going up clearly help you.

Yes, i'm just thinking this through. So the country is becoming more diverse, more nonWhite people, fewer White people. The electrode ent the opposite way. So I guess either some nonWhite voters felt conflicting pressures and set IT out, or new groups of White voters showed up. Is that IT?

Yeah, I means hard to know exactly until we see turnout rates, which are going to come out and coming months. But IT wasn't just White voters that helped fuel trumps win. I mean, truck actually expanded his coalition and it's why this time, for the first time, he's on track to win the popular vote.

How so how would you say that?

You saw that women turned out they're actually up a point as a share of the electorate from four years ago. But IT appears Harris didn't get as many of them to vote for her as our team expected. I mean, just fifty three percent of women voted for.

Harris has the worst for a democrat in twenty years now. SHE did very well with White, college educated women Better than bite and actually, but they weren't enough. And me look at White women without degrees.

They made up and even bigger share of the electron in five voters. And they broke overwhelmingly for trump. Trump also in this is huge, made big inroads with linos.

Get this. He got forty six percent of linos, which is the best any republican has ever done with them. And from did IT by winning over latta o men and Young men OK. So you just mentioned latino men.

Young men. How do you do over all with men?

Well, with latino men, he won by twelve points. He won a Young men eighteen to twenty nine by just a couple points. But many of them had been saying that they are upset that, in their view, society says, you know, other groups are more important than name. And they had a tiktok feed in the podcast to tell them exactly that is pretty remarkable, because trump, when men in every age group.

okay. So you've given us some broad rends here. Do you feel you understand why people voted as they did?

Well I mean one big pizza of this obviously cultural grievance um as was noting there but in our final polling we've got some other clues of women seem to think Harris was sincere in these moderate proposals that he'd been putting forward in this campaign that were different from her presidential campaign five years ago.

But men they thought that he was doing adjust to trying get votes clear that men and women see women as leaders very differently. And I think there's gonna be a lot to dissect in that. The other piece of this, though, a major thing, obviously, was the economy. We've been hearing at the entirety of the campaign, working classes. Latinos just said they felt they were Better off under trump four years ago.

Medical, thanks very much for the insights. Really appreciated you IT this imperious domestic montoro.

Vice president Harris asked voters to turn the page on Donald trump. Instead, he will turn the page on his legal problems. Yes.

although he's already been convicted in state court, he has started the year facing federal and detects that threatened to send him to prison, but having delayed the cases, then one reelection, he will end the year free and clear, in large part because the justice department is evaluating how to wind down to federal cases brought by special counsel jack smith.

N P. R. Kerrie Johnson has been following trump's gal troubles. Carry.

good morning.

Good morning. So this is interesting. Trump on the campaign trail talk of firing jack smith. He doesn't even have to do that.

No, that's because there's a long standing view inside the justice department. Both were republican, and democratic administrations have followed this view, IT says a sitting president cannot be edited or face criminal trial. The reasoning there is that would be too much of a burden that that would be unconstitional tional and would undermine the work of the executive branch.

A trumps attorney general bill bar and house majority leader Steve skills are calling on this justice department to drop the dc case against trump. The writing is on the wall, bill bar says. And people have considered these allegations against trump about election interference, but the voters rejected them. Was soundings?

Ly, okay. So how quickly is the biden justice prime moving here?

Well, we can report James Smith is working with others inside the dog to wine down both of these federal cases likely before the inauguration. First there's that january six case in dc, the election interference case, and then there's a separate case against trump in florida over his alleged hoarding of documents at his resort and his refusal to return them to the FBI.

That case involves not just Donald trump at two other defendants, his value in the property manager at morale go judge isen cannon. Remember through out that case with prosecutors have been appealing her decision, and to drop the case against trump could mean IT goes away as to all three of those defendants. Well, this kids.

to another question Carry that's on my mind because I heard different opinions from from support from talk of prosecuting his critics, including jack Smith specifically, or even throwing out of the country I heard from from supporters were like, yes, do that. And others who said all, he would never abuse his power in that way. So what seems likely actually to happen once he gets the power?

Well, trust right on this has been really hard, sheer, right? And we know the justice department has already spent millions of dollars on security for the special counsel, jack ma, and his prosecutors. In the face of some of these rhetorical attacks and threats, the regulations at the justice department say special councils, right, a report about their findings when their work is done. It's not clear yet how much progress jm ith has made on that report and whether the current administration might release some of IT before inauguration day. Remember, in the trump era, then attorney general bar ultimately released the report by the special council van Robert muller over russian interference in the twenty sixteen election, but only after bark, characterised in that moder's prosecutors described as acting like a defense lawyer for Donald from so we might see .

some kind of file report from jack smith. Someone asked about one other thing. We should note the trump was less successful in delaying a state case until this election, and so he was convicted by a new york jury, which is why we refer to him as a convicted fell in thirty four h charges relating to business fraud. What happens in that case?

It's really uncertain. The supreme court gave trumps sweeping community from prosecution for his official acts in the White house, but the bulk of this case in new york involved trumps behavior before he won the first time in twenty sixteen. prosecutors.

They are during the travel, new york introduced some evidence from people who work for trump in the White house. And now this judge has to decide whether that has fatally impaired the whole case and whether to go ahead in sentence. Donald trump on those charges next month, just week, Steve, before he's inaugurated the forty seven president of the united states.

the Carrie Johnson. I'm really glad to talk through this. Thanks so much. Thank you.

The president elect promised lower income taxes and also hire terf switch taxes on imports. He also promised mass deportations, including many people who work in the united markets.

are already reacting to these economic proposals. The stock market surge yesterday on news of his win amp.

Scott horsey joined us now. Scot, good morning. Good money. okay. So how do trumps economic policies line up with his promise the other day of a golden age in the united states?

Well, IT might have be borrowed gold. A trump has promised to extend portions the twenty seventeen tax cut, which were set to expire next year. He's also called for additional cuts to corporate taxes.

If congress goes along, that could boost economic growth, but it's also likely to cut into government revenues and widen the federal deficit. The other centerpiece of trust economic platform, as you mentioned, is the blanket tariff on imports. Economist, if wells fargo says that could be a drag on economic growth.

Carbs are, first and foremost s revenge of its attacks, its attacks on imported goods that are brought in the united states. So attacks that makes the good cost more right, higher Prices. I think that the near term impact would be slower economic growth, but IT would also bring in revenue.

Jm, sometimes both to that, his terrorist rays, so much revenue they would pay for other parts of his agenda. Fiscal hawks, though, are skeptical of the committee for a responsible federal budget. Estimates that trumps overall economic plans would add nearly eight trillion dollars to the federal debt over the next decade. So while the stock market rally yesterday on prospects of a business friendly White house, the bond market sacked under the expected weight of all that extra dell.

I'm just think trump has made contradictory statements saying is gna raise care of so much that you won't even have to pay income taxes. But then also the companies will change their behavior in a way that they won't have to pay. Terrorist becomes very confusing.

So the bottom line is he borrows to make up the difference. What would the dead? Due to the government's borrowing costs?

Well, IT would grow. You know, the federal governments already spending more on interest payments than IT does on defense or medicare or anything other than social security. If the government has to borrow a lot more money, if that could raise the cost of borrowing for you and me, you know, mortgage rates typically follow the yield on ten year treasury ies, which jumped sharply yesterday, so that could make buying a house even more expensive.

What does the federal reserve do? As IT meets today on interest rates.

the fed set short term interest strates, which affect things like car loans, are the cost of Carrying a baLance on your credit card. The central bank is expected to cut its benchmark interest strait by a quarter percentage point today, but policy says the fed may be more cautious going forward about cutting interest rates. If these various companies going to ect.

is that if you're going to get some higher inflation from the terrace s from tax cuts they'll see on the grow side, it's going to depend on what actually get implemented. The fact that the economic data have also been trena little bit lately.

Inflation, which was such a big driver of people's frustration with the economy, has been coming down. But economists say some of trust policy, he could actually raise Prices. For example, he wants to support. Millions of immigrants are in the country illegally. If you're worried about the cost of groceries, deporting people who picking process food is broadly out.

the best answer is trump going to respect the fed's independence.

We'll see. You know, the fed is supposed to be insulated from political pressure, but trump has never been shy about criticising the central bank and its chairman, whom he appointed. If he doesn't like the way they're managing interest rates, if figure range. Rome pal has been pretty solid about not bowing to political pressure, but his term runs out and about a year and half. And trump l have an opportunity to not any more malleable successor .

and pr scotorum. Ly.

thanks so much. You welcome.

And that's a first for this thursday, november S. I.

Steve ince and i'm a shell mark for your next listen, stay tuned to our feet for bonus episode as we continue to analyze the results. You can also consider consider this from N, P, R. President elect donal trump has brought a red wave to america.

Who are the voters in him back to the White house and and you can on off rougher on a live ya hampton and jane Johnson IT was produced by zod bunch, nea demos and lenny tody. We get engineering support from the ever supportive carly strange, and our technical direction comes from that common. And i'll just note one of our co hosts as a birthday to day, if you know, i'm congratulate him. A Martinez, john is tomorrow.

Hey everyone, MBA Parker, a host of the podcast code switch. And on my show, I get to dig into all of the facets of being a black woman from honoring my ancestors to explore representation in reality TV code, which is a place where I think out loud about how race and identity are connected. Join me on the coat switch podcast from npr .

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