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Notes -
Richard Hanania: Kakistocracy as a Natural Result of Populism
Hanania has written about Hating Modern Conservatism While Voting Republican, in the past, but it appears he's close to buyer's remorse (end section of this article). We've had previous discussions about how reality-based Trump's policies are, and Hanania makes a fairly good argument that - except for political loyalty - reality isn't a concern, and that this isn't just true of Trumpism, it's an inherent flaw of populism, in general:
The "Trump's tariff agenda is an attempt to create a new Bretton Woods-like system" theory works well enough for me to think it can be judged against reality (specifically, if negotiations with allies for lower rates occur and the administration lays out a financial mechanism for reconciling export-friendly exchange rates and reserve-currency status, that would be strong evidence of a coherent, reality-responsive plan), but perhaps the Trump administration will just continue to tariff manufacturing inputs while claiming to be protecting manufacturing...
The typical Gell-Mann amnesia take is that the consuming mainstream media about a topic is significantly less informing than engaging with a topic in a personal capacity. This is almost certainly true. But it can also be true that reading the New York Times buisiness section makes one more informed about the state of the national economy than not doing that.
Yes and when people say that reading the MSM makes you less informed I don't think they realise how badly informed some voters are. Obviously ok you could do better than the MSM if you started pouring time into critically reading academic, industry or legal sources, but most Americans don't even understand how marginal tax rates work. You would probably be in the top 5% (or better) of well-informed voters if you read the NYT (or indeed, so as not to appear partisan, the WSJ) and nothing else cover to cover every day.
I’m reminded of the NYT study of low information voters during the 2024 campaign. Specifically, there was one woman they interviewed who liked Biden but was angry that he’d banned abortion and so planned to vote Trump. This woman lived in a blue state and so could have gotten all the abortions she wanted.
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