The New Yorker as an intersting bit on the internal incoherence of the recent wave of American populism:
The electorate, we hear, wants Barack Obama to be more of an economic populist but less of an ambitious reformer. He has to aggressively create jobs but also be less spendthrift. This advice may be contradictory, but then so are the economic opinions of the many angry voters who are animating what’s being called the new populism. Whereas the economic populism of the eighteen-nineties and the right-wing cultural populism of recent years represented reasonably coherent ideologies, this new populism has stitched together incompatible concerns and goals into one “I’m mad as hell” quilt. The people may have spoken. It’s just not clear that they’re making any sense…
…Health-care reform offers a case study in this. The bills passed by Congress, whatever their flaws, would do things that voters overwhelmingly say they support: extend coverage to the uninsured, ban the worst practices of insurers, and guarantee insurance for people who lose their jobs. Yet more voters now oppose the bills than support them, with many saying that the government is overreaching. And, while voters routinely say that the rising cost of health care is a problem, it is the bills’ cost-control provisions—including a tax on expensive insurance plans and rules to restrain Medicare spending—that have proved especially unpopular.
So the question is how much our political leaders should heed the concerns of rather large segment of the population that’s increasingly incoherent? Should good policy be jettisoned because it’s easily demagogued by entrenched interests?
