Affordability Fuels Populist Politics
Channel: Bloomberg Television
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Read a transcript preview of “Affordability Fuels Populist Politics” from Bloomberg Television, uploaded on 2026-11-08.
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Language: English (creator captions)
[0:00] Midterm voters spoke with their ballots clearly rebuking many of president Trump's policies from the Iran
[0:04] war to tariffs and more. What does it mean for the brand of economic populism that
[0:08] has defined American politics now for a decade?
[0:11] That's right. That is the topic of a weekend essay. Senior economic writer Shawn Donnan writes,
[0:16] it would be wrong to equate the repudiation of America's foremost populist with the death of
[0:21] economic populism in America. It was actually reborn on election day. And Shawn joins us now.
[0:27] Alright. Shawn, for the uninitiated, what do you mean when you're talking about populism, especially in
[0:31] America?
[0:32] Right. So economic populism has a long history in in America. You can go back to
[0:37] late nineteenth century, early twentieth century, and it's really about economic messaging and economic policies that
[0:48] kind of reject the sort of usual orthodoxy that you hear from economists and really kind
[0:54] of appeals to people. And and that is a very big tent. Right? I mean, that
[0:59] can be everything from health care costs to tariffs and manufacturing. It can go from the
[1:06] minimum wage to being anti monop