The Democratic Party's chief problem isn’t its inadequate enthusiasm for popular democracy as much as our constitutional framework’s myriad obstacles to the same. EricLevitz writes
Photo: Shay Horse/NurPhoto via Getty Images The Democratic Party is America’s only small-d democratic party.
Specifically, he notes that American conservatism developed a majoritarian populist streak during the era of Republican presidential dominance that stretched from 1968 to 1992. In that era, the GOP won popular majorities in nearly every national presidential election only to see its power hemmed in by independent executive-branch agencies and liberal Supreme Court justices.
I think a lot of the discrete claims in Douthat’s column are true. But I’m not sure they add up to a compelling argument — in part because I’m not sure exactly what his argument ultimately is. Progressives, for their part, spent much of the past decade seeking to erode the Fed’s technocratic independence. The Fed Up Campaign fought to re-politicize monetary policy and pressure the central bank to give greater priority to full employment. And its cause has been taken up by all manner of Democratic politicians, including Alexandria Ocasio-Cortez.
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