Lowy Institute Executive Director Michael Fullilove remembers the 2008 US presidential election campaign, when he was living in Washington, as a time of hope and promise. This year's race? Not so much.

Fresh from a trip to the US, in this quick comment Dr Fullilove compares the two election cycles, discusses the shock Donald Trump has given the opinion–forming class, ponders what a Trump presidency might mean for Australia, and muses on a might-have-been.

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