Will Brexit Affect U.S. Consumer Confidence? The Outcome May Determine Our Next President

Authors: Benn Steil and Emma Smith
PBS NewsHour

Benn Steil’s June 24 op-ed on the PBS NewsHour Making$ense site, co-authored with Emma Smith, shows the strong relationship between consumer confidence and presidential elections going back to 1952. Current readings suggest an 80% chance of a Clinton victory, but the Brexit aftermath threatens to knock that down significantly.

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Foreign Affairs Article

American Political Decay or Renewal?

Author: Francis Fukuyama

Two years ago, I argued in these pages that America was suffering from political decay. The country’s constitutional system of checks and balances, combined with partisan polarization and the rise of well-financed interest groups, had combined to yield what I labeled “vetocracy,” a situation in which it was easier to stop government from doing things than it was to use govern­ment to promote the common good.

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Why Donald Trump's Plan for Japan Would Be a Nightmare for Asia

Author: Sheila A. Smith

Republican Party’s Presumptive Nominee for President Donald Trump stated that he would consider ending the U.S. commitment to Japan’s defense and encouraging it to develop its own nuclear arsenal. Sheila A. Smith, senior fellow for Japan studies, argues that such an act would not only be a nightmare scenario for Japan, but would profoundly alter the strategic dynamics that have maintained peace in the Asia-Pacific for generations

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When You Can’t Stand Your Candidate

Author: Elliott Abrams
Weekly Standard

How should Republicans who are aghast at the forthcoming nomination of Donald Trump react, now and after the convention? There are valuable lessons from 1972, when “Jackson Democrats” and others in the Democratic Party had to deal with the McGovern nomination.

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The Republican Party Is Dead

Author: Max Boot
Los Angeles Times

I have been a Republican as long as I can remember. Joining the Grand Old Party seemed like a natural choice for someone like me who fled the Soviet Union as a boy and came to Los Angeles with his mother and grandmother in 1976. Refugees from communism, whether from Russia or Cuba, generally oppose socialism and embrace conservative political views.

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