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The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line

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The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line

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He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

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Leadership

Donald Trump Wins the Republican Nomination, and His Real Test Begins

By
Tory Newmyer
Tory Newmyer
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By
Tory Newmyer
Tory Newmyer
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May 3, 2016, 11:03 PM ET
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It says something profound about Trump’s victory that a win that’s been brewing since last July — when the first-time candidate captured a lead in national polls — still feels surreal 10 months later, when he finally consummated it.

The billionaire on Tuesday effectively secured the Republican presidential nomination by attrition when his nearest but fading rival, Texas Sen. Ted Cruz, suspended his bid after a distant second-place finish in Indiana. Cruz acknowledged in his concession speech that his path forward “had been foreclosed,” and party leaders begrudgingly signaled that the race is, for all practical purposes, over.

Trump himself looked a bit like the dog that caught the car when he stepped up to his podium in the lobby of Trump Tower, the spot where he launched his bid to much establishment incredulity last summer, and tried to make sense of what just happened. “It’s been some unbelievable day and evening and year,” he said. “And I never have been through anything like this, but it’s been a beautiful thing to watch and a beautiful thing to behold.”

Despite the call from GOP chief Reince Priebus for swift unity, party regulars — Washington apparatchiks, donors, and elected officials facing tough fights in November — will follow their own course in deciding whether to rally around a figure many detest or view as a major liability to the Republican brand. That process will play out in the weeks ahead. And it will likely carry into the party’s late July convention, where Trump’s refuseniks will have plenty of opportunity to make trouble for their standard-bearer, including over the party platform.

Trump detractors can’t exactly mitigate the candidate’s worst instincts for hurling divisive invective and tabloid smears. For example, the inclination that led Trump on Tuesday morning to go on national television and promote the ridiculous lie that Cruz’s father was somehow complicit in the assassination of John F. Kennedy won’t likely change now that he’s sewn up the nod.

But the anti-Trump forces in the party can still use platform debate at the convention to confront his bolder challenges to long-held Republican orthodoxy on a range of free-market bedrocks, namely free trade. And with a number of the most prominent Republican names likely to skip out on Cleveland altogether — including both of the last two nominees — the Trump camp will have its work cut out to produce an event conjuring the notion of a wholesale rally behind his rise.

Following Trump’s Indiana victory Tuesday night, two conservative groups aligned against him released statements indicating they will keep up the fight. “A strong Never Trump movement is critical to protecting Republican incumbents and down-ballot candidates, by distinguishing their values and principles from that of Trump, and protecting them from a wave election,” read a statement from #NeverTrump. “Never does not mean maybe. Six out of ten Republican primary voters voted for someone other than Trump, and we will continue to identify ways to give them voice.” And Katie Packer, a former Mitt Romney aide who now runs the anti-Trump Our Principles PAC, said in a statement that her group will continue making the case that Trump is “simply unfit to be President of the United States.”

Ultimately, GOP pols locked in their own tight races will be the most telling bellwethers of Trump’s viability. The apparent Republican nominee’s unfavorable rating sits above 60%, the highest ever recorded for a major party candidate. So it’s perhaps no surprise that, with the exception of one Western New York congressman, no Republicans in competitive elections have endorsed him.

As Trump’s rise itself has demonstrated, anything is possible. But with a deeply ambivalent party behind him, gaping vulnerabilities among critical demographic groups, and the full force of the Clinton machine now ready to drive those divisions home, Trump faces an uphill climb to the true prize.

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