Weaponized Identity Politics and Hubris gave us Donald, and The Elites in both major parties are just fine with the outcome of the election.
Make no mistake about it: the political elites, whatever their party label, have got exactly what they wanted this election. It's like an early Xmas present for them: a POTUS in the form of a peer who is an oligarch who thrives off extracting rents from the petite bourgeoisie, who is clearly keen on massive government subsidies to their peers by tax breaks and lucrative contracts, and who is a demagogue skilled at fomenting discord along the demographic-identity divides in the lower classes.
Donald played (and, since he won, is still playing) the same game of identity politics Hillary did, just from a different approach. The intent is the same as it ever was: distract the lower classes by pitting them against each other so they cannot effectively mount a robust dissent. Hillary did this during the primary contest by pitting folks who'd normally have backed Sanders against each other for fear of being labelled sexist or racist, and then doubled-down in the general election by shaming reluctant leftists in the same way.
Donald's approach is different from Hillary's, of course. Rather than attempt to guilt white folks into voting for fear of being labelled a sexist or racist, Trump decided that enabling the anger of a large number of racist whites and blaming "immigrants" for all our problems was the route to victory. He started in long before Hillary and her surrogates' strategy of identity-shaming white men got into high gear, so it was clearly not a reaction to her strategy. Not that it matters. The point is they both used weaponized identity politics in very negative ways, and the two together created this perfect storm in which disaffected lower class folks (of all identities) who'd normally have voted for Hillary sat out, while Donald's target audience turned out.
Hillary's hubris also played a big role in her loss. It wasn't enough for her to be the first female president. No, she also had to be the first Democrat in a generation (or more) to turn red states blue (if not at the POTUS level, then by swinging congressional districts with her supposed coattails). The sheer arrogance of the GOTV strategy she chose for the general campaign would be staggering if we hadn't had decades to understand Hillary's ego. She overreached because she was arrogant and had a grotesquely inflated sense of entitlement. Combined with her not-so-intelligent strategy of demonizing some 10%-15% of her voter base as racists and sexists, the result is Donald Trump as President.
One thing that worries me is the spectacular success of the main tactic they used (weaponized identity politics) will be one they turn to again. The narrative in Democratic circles is already pointing to that (just visit any "blue" rag, like ToP or whatever): they're blaming this loss on disaffected, "racist" and "sexist" white men. Elites on the "blue" (I refuse to call it "the left", since it isn't) side have seen the potency of this approach to politics. They've flirted with it for about 20 years, but this election really showed how powerful it can be: it helped propel their chosen Champion into the nomination. They aren't going to let such a winning tactic go if they can help it.
But this is all sort of dancing around the main point: the result of this election isn't that different from '10, '12, or '14 when Republicans made gain after gain. Democrats think they have an even more credible claim to some level of helplessness to prevent the Republican agenda of corporate giveaways, destruction of our safety nets, and terribly sociopathic foreign policy. Republicans now have a "mandate" to pursue these things. Cui bono? Both, of course. Republicans have a clear path to enact their agenda. Certain Democrats have a clear opportunity to put on a big show of fighting back while "reluctantly" agreeing to the Republicans' agenda. And in both cases the power of using the tactics of divide-and-conquer was reaffirmed, spectacularly.
So this election worked out great (for them). They get to further enrich themselves at the expense of the rest of us.
And that's just fine with them.
It's too bad for us, though.