This is not to say that they are alike in every respect. Nor is it to say that Palin's achievements to date rank with the others'. And, of course, American populism is a deep and complex tradition. But it's nonetheless true that a couple of traits span the centuries and unify these four political figures. The first is the reaction they provoke among the elites of their age--what one might call the "Coonskin Cap Critique." The second is their advocacy of dispersed power, open markets, and American individualism.It's an excellent analysis by Continetti and should be read in its entirety here.
[...]
Last year the public elected an inspirational leader who promised change. Barack Obama promised to open government, end insiderism, and confer no special privileges. He promised to reach across the aisle and adopt his opponents' best ideas.
This was all an illusion. As the Obama presidency has developed, people have realized that this is not the change they sought. The Treasury secretary is a tax cheat overseeing a Wall Street bailout program. The congressman in charge of the tax code is under investigation for various frauds. From auto bailouts to the stimulus to health care, the president has implemented or advocated policies of which the people disapprove.
Obama's governing style is based on personal interaction with major policy stakeholders. So, when the president formulates a policy, he brings into the White House all the titans of industry and top lobbyists who might be affected. The rule applies whether the issue is the financial system, climate change, or health care: Obama listens to and makes deals with market incumbents. The theory is that such negotiations will produce legislation that satisfies everyone involved. But whatever the benefits, the costs are all too clear: Incumbent stakeholders use government access to drive out competition, increase their leverage, and limit transparency.
In other words, Obama has rejected the tradition of Jackson, Bryan, and Reagan. He has rejected putting trust in the common wisdom and collective judgments of the American people. He's sought comfort in the "expert" knowledge of technocratic elites. Liberal Democrats in Congress set the agenda. The unions drive trade, health, and labor policy. The bankers drive economic policy. Joe Six Pack is left out in the cold.
But the elites continue to mess things up. Confidence in American institutions continues to erode. Faith in the American future continues to decline.
Is there an exit? Yes. All it would take is for a populist leader like the one in Wasilla to pick up the Jacksonian, Bryanite, Reaganite torch and deliver this simple message to Obama and the political class: You shall not press down upon the brow of labor this big-government crown of thorns. You shall not crucify mankind upon the cross of Goldman Sachs.
Update: Manly weighs in on the topic here.
- JP
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