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Why negativity took over the news cycle

The David McWilliams Podcast

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The Dangers of Pessimism

When pessimism reigns, the potential for demagoguery is incredibly high. Because people want a savior. A typical savior can be Nelson Mandela. Martin Luther King. They're atypical because they are actually almost messiah-like figures. Much more likely is the small man, the small big man, the Putin of this world. And they feed on insecurities. They create a warped sense of history. This is why it's very, very dangerous. It also tends to come at times of great technological change, which people tend to find exciting. So if you think in the 1920s and those electricity of radios, these are huge changes. Can you hear people live

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