He does think everyone is stupid. You should read the article his first wife wrote about him years ago. He called himself an Alpha among other cringey things during their wedding reception. EM has a superiority complex and bitches about weaponized empathy while weaponizing empathy by claiming to be a victim and, and his father allegedly put it, “retarded”.
That is because both GOP and DEM are corporatist parties. They will not cater to working class people because those people aren’t the ones throwing the most money at them. Left wing populism is nothing more than a tankie wet dream since citizens united.