Now
that the long election has concluded and the American people confirmed they
want their government unchanged in Congress and the White House, authors and
publishers can go full force in launching books that will reflect upcoming
government policies and legislation.
Take a look at the scorecard of which books will be in demand:
·
Economy - it still needs to grow
·
Green energy – still need to
get off oil
·
Healthcare – huge
expansion here
·
Housing – it is
starting to grow at an accelerating pace
·
Personal Finance – living on a
budget and under new tax laws
·
Politics – what will next
four years bring and analysis of why Romney lost.
·
Leadership – a two-term
president pulled off a big victory.
·
Hispanics – huge factor in
the Democrats’ win and fast-growing segment wields power
·
Women – they helped
elect Obama
·
Youth – the new
generation leans Democrats and all things digital
It
is logical that there will be books that cover any hot topic. If Wall Street is
hot, you’ll see more books on investing.
If the housing market continues to grow, books on buying, selling,
decorating, etc. will flourish. If
healthcare will now expand under Obamacare then books dealing with issues
relating to it will flood the market.
What
you may see less of is hard core policy books. Those already came out during
Obama’s first term, so unless he proposes something new, don’t look for these
type of books. But the debates showed Americans, despite non-stop attack ads
and the excruciatingly long election cycle leading up to the vote, really were
hungry to hear about issues and ideas.
They are looking for leaders in troubled times. Perhaps books that delve more into fresh
ideas to old problems will be of interest.
But
as far as Obama’s policy positioning to publishing, his Department of Justice
came down on the big publishers in favor of Amazon. It remains to be seen how it’ll view the
Penguin-Random House merger proposal. I wish there was a way the government
could do something to help bookstores survive the way he helped bail out the
auto industry, though I’m not sure what could or should be done by government
in this area.
One
thing the election brings is a bit of certainty and stability. For better or worse, we have chosen to pursue
the current course. Let’s hope it proves
prosperous to us – as a nation, as an industry, and as individuals.
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