Yes, and establishment Democrats have no answer to this.
What answers do populists like Trump and Hawley have? Did he bring back the jobs he promised? Did he make coal great again? What did they do about China other than imposing some tariffs? A comprehensive strategy? I have to confess, I can't see it. All they have is tax breaks for the super wealthy, deregulation for big banks and denial about climate change.
The populism may a good strategy in the short term to win elections (not saying it will), but it doesn't solve the major problems, because they need more than a few tariffs and campaign slogans on a bumper sticker.