It isn't especially culpable of Thompson, I think.
If he's not immediately well suited to think through a kind of political times last seen outside living memory, well, who immediately is? He didn't build his reputation instantaneously the first time either, but over years. I just think it may now be more a hindrance than a help, in having established a higher expectation than circumstances may any longer allow reliably living up to for a while at least.
As I say, I don't really hold it against him, even on a professional level. Someone who's consistently wrong in an interpretable way is not of much less value than someone with a string of good calls - maybe more, if the contrarian is strong on theory and the "superpredictor" shows signs of capitalizing on a run of good luck. Which of those he turns out to be if any I suppose we'll find out, and previously having put everything new behind a paywall is questionable, but at the very least I suspect that to keep up with his doings may remain of some interest.