Whenever pundits and political elites express surprise at the power
of populism, I always think back to the tongue-in-cheek headline of
Chris Hayes' In These Times article that read "Economic Populism Proves Popular."
Populism is an ideology that says that government should - gasp! -
reflect what actual people want. It is just so damn funny when the same
political Establishment professing reverence for our democracy then
expresses outrage and surprise that politicians once in a while are
forced to reflect what the public wants.
So I was laughing today when I read this Bloomberg News piece breathlessly telling us that "Democrats Pushing Obama,
Clinton Toward Populism" - as if that's something so outrageous and odd
as to be shocking. Here's the critical news from Pennsylvania, Indiana
and North Carolina - three states whose primaries are coming up:
Democrats in all three states had a negative view of trade,
with 58 percent in Indiana, 55 percent in Pennsylvania and 61 percent
in North Carolina saying it has hurt the economy. At least three in 10
in each state say it hurt a lot.
This finding conforms with earlier polling showing voters of both
parties are sick and tired of lobbyist-written trade policies that
undermine our economy and destroy the environment and human rights in
the developing world.
Additionally, the same poll shows the public is angry about our
politicians using their power to hand over more goodies to the banks
and Wall Street firms that created the financial crisis:
A majority in each state favors a government bailout of
homeowners in danger of foreclosure, according to a Bloomberg/Los
Angeles Times poll of likely Democratic voters...After mortgage
lenders, voters in the three states faulted insufficient government
regulation, as well as irresponsible borrowers, for the housing
crisis...Respondents in all three states say, by margins of 2 to 1 or
better, that the federal government should regulate the financial
industry more aggressively.
That news outlets seem so surprised that the public supports
populist policies to deal with our economic crisis just shows how out
of touch with mainstream public opinion our political elite is from the
rest of the country.