BUDAPEST, June 5: This Sunday the member states of the European Union will be going to the polls to elect their members of the European Parliament. I don't exactly know just what the European Parliament does either, and it has become boring viewing ever since Nigel Farage departed the European Parliament after Brexit. But there is intense campaigning underway. The streets of Budapest are lined with campaign posters, and there was a campaign march last Saturday with tens of thousands turning out.

Most of the polls suggest that right-of-center "populist" parties are likely to see the largest gains in this round of elections, though likely not large enough to command a coalition majority, but we'll have to see.

But wait! There's more! On July 4—an auspicuous day for Americans obviously—Britain heads to the polls for a general election, and all of the polls indicate the Conservative Party is heading for an epic wipeout at the hands of Labour. What explains the Tories' dismal prospects just five years after their largest landslide win in 70 years? To say they have underperformed the last five years under Boris Johnson and his successors is an understatement. From COVID lockdowns to Net-Zero energy madness, who needs the Tories when you can get real socialism from Labour? And just how will the Tories dust themselves off and recover?

I sat down a few days back with John O'Sullivan to sort it all out. John has had a long and distinguished career in journalism and politics, having served as editor of National Review in the late 1980s and 1990s, and as chief speechwriter for Prime Minister Margaret Thatcher for a time. Nowadays he is the president of the Danube Institute here in Budapest, where he overseas an active program of visiting journalists, academics, and political figures from all over the globe.