That is not a good argument. People have a right to self-determination. The same logic of populism can be applied on a trans-national scale, even. There is no limit because under your logic, any person's vote is as good as any other's. The fact is we have states to provide a level of autonomy and independence to geographically separate groups of people, so they can live with more freedom. I don't care if the entire state of California is against how I live, because they are thousands of miles away and deserve less say in how I live than my neighbors. The federal system we have strikes a balance between the two.
A president of a federation such as the US must represent the individual states equally, because there can only be one president and that seat has disproportionate power. I really think people flip flop on the popular vote issue based on whether they think it helps their particular party or not, which is unbelievably short-sighted.