Transcript
Ezra Klein (0:00)
This podcast is supported by Goldman Sachs Exchanges. The Goldman Sachs Podcast, featuring exchanges on the forces driving the markets and the economy. Exchanges between the leading minds at Goldman Sachs. New episodes every week. Listen now from New York Times Opinion. This is the Ezra Klein Show. I find I'm thinking a lot about the 2004 election. That was, in my lifetime until today, the most absolute rejection liberals have experienced. In 2000, George W. Bush, he was this accidental president. He'd lost the popular vote. He'd won the Electoral College by a few hundred votes in Florida, maybe, depending on how you look at it. But by 2004, he'd become this other thing. 911 had changed him, changed his presidency. He went from advocating this humble foreign policy to being an invader, a nation builder. And the lies and the failures and the travesties of his administration were clear. The disaster that was the Iraq war was clear. And Bush went in that election from accidental president to unquestioned victor. He won the popular vote cleanly on the electoral maps. The center of the country was just this sea of red. And what made that loss hurt so much for liberals was that by then, Americans knew what George W. Bush was. They knew what he had done, and they chose him anyway. The voters turned out in record numbers.
Claire Gordon (2:04)
And delivered an historic victory.
Ezra Klein (2:06)
We've congratulated someone who lied to the American people, and as a result, not only is our healthcare and our economy in the pits, but our kids have died in a war that shouldn't have to be fought. And I am pretty much terrified because I'm not sure what's going to be the outcome in the next four years. That is roughly what happened on Tuesday. Donald Trump's victory was not one of the grand landslides of American politics. As I write this on Wednesday, the estimates suggest he is on track for a 1 1/2 point margin in the popular vote. If that holds, and it may not, it may change. As California is fully counted. It is smaller than Barack Obama's win in 2012 or 2008. It is smaller than George W. Bush's win in 2004 or Bill Clinton's wins in 1996 and 1992. It may prove even smaller than Hillary Clinton's 2.1% popular vote margin in 2016, but it is a huge gain for Trump compared to 2020. In 2020, Trump lost the popular vote by nearly 5 points. And yes, I know presidential elections in America, they are not decided by the popular vote. But it matters where the mood of America is moving and the popular vote tells us more about that than the few hundred thousand voters have swung this thing in Michigan and Pennsylvania and Wisconsin. So what is behind Trump's gain here? One theory is that this is the post pandemic, post inflation, anti incumbent backlash that we've been seeing in country after country after country. Whoever was in power in 2021 and 2022 is getting annihilated in elections. This is true for parties on the right and parties on the left. In the uk, the Tories had their worst election ever. In Japan, the Liberal Democratic Party, which confusingly for us is a Conservative party, had one of their worst elections ever. Leftist center governments have fallen in Sweden and Finland and Portugal look a little bit north, and Canada's Justin Trudeau is hideously unpopular. As Matt Iglesias wrote, if you look at this internationally, the interesting question might be, why didn't Trump win this in a landslide? If Nikki Haley had been running, she probably would have. There's a lot to that, but it is incomplete because Trump didn't just win this election, Democrats lost it. Joe Biden, at 80 years old and hovering beneath 40% favorability in most polls, should never have run for reelection. But for months and months and months, the Democratic Party, with very few exceptions, shout out here, I guess to Dean Phillips, refused to say that as poll after poll showed supermajorities of voters thought Biden too old for this job. The party continued to suppress any serious challenge to him, or even really dissent about him. It suppressed its own doubts, it ignored its own voters, to say nothing of ignoring the voters it was going to need to win in 2024. I was one of the people arguing since back in February for some kind of competitive process, a mini prim or primary leading to an open convention. Those processes, what they do is create information. Yes, they can bring argument and dissension and conflict and fracture. But it is through argument and dissension and conflict and fracture that you discover what you do not yet know. It is through the bruising process of primaries and debates and speeches and interviews that you see what candidates are made of. You see how and whether they are able to connect to the mood and the moment of the country. But Biden stepped aside mere weeks before the Democratic convention. The hour was so late, the party was so scared, it had wasted so much time. And in wasting that time, it had refused to face up to a core problem. Biden wasn't just too old. People were deeply unhappy with his administration. With the wars abroad, with the prices at home, with the absence of a story or a sense of Leadership that made them confident that the people in charge knew what they were doing. The line in the Democratic Party was and is that Biden is one of the greatest presidents since FDR, that it's just a shame he's not 15 years younger. But Americans did not and do not believe that Democrats never reckoned with that fact. They never came up with an answer for it. And that, more than any other reason, is why Kamala Harris lost. Harris was dealt a bad hand. She had no time to set up her own campaign. She had no time to work out its themes and court policies. And she was running inevitably as the champion or the inheritor or frankly, just a member of an administration people were angry at. She could not separate herself out from Joe Biden without being accused of disloyalty.
