Trump never was a populist. He was a filthy-rich con-man who saw the world through Fox News eyes and learned that if he spouted the crap he heard on Fox, people would cheer.. that cheering eventually turned into votes.
The populism hasn't materialized because Trump doesn't really care about it and if he did he just isn't smart enough to make it happen.
This is a good paragraph though
How Trump abandoned populism:
Instead of this Bizarro Trump, we have the worst of all possible worlds. We have the kleptocracy and the autocracy: the self-dealing corruption of the Trump Organization, the norm-crushing attacks on the free press, the eye-winking approval of strongmen in Turkey, Russia, Saudi Arabia, and the Philippines. And we have the absolute worst aspects of generic corporatist conservatism: an obsequiously lax regulatory environment for banks and the energy industry, plus a tax windfall for the wealthy that will make it harder to fight the next recession and easier to justify the next attempt to cut social spending. And instead of the sliver of Bannonism that held true political appeal, we're left with the hard edges of alt-right racialism and Roy Moore-style outrageousness.
Also, don't forget Israel in this .. "the eye-winking approval of strongmen in Turkey, Russia, Saudi Arabia, and the Philippines."
'via Blog this'