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Economic Policy

All articles tagged with #economic policy

GOP Candidates Abandon Trump as Midterm Polls Turn Against President
politics2 days ago

GOP Candidates Abandon Trump as Midterm Polls Turn Against President

A Reuters analysis indicates that 41 of 62 Republican candidates in competitive races are distancing themselves from President Trump ahead of the November midterms. This strategic retreat follows a sharp drop in the generic ballot and reflects widespread concern over the president's low approval ratings and unpopular economic policies.

Economic Anger Puts Ohio, Iowa Senate and Governor Races in Democratic Reach
politics2 days ago

Economic Anger Puts Ohio, Iowa Senate and Governor Races in Democratic Reach

New polling indicates that widespread economic dissatisfaction is shifting political dynamics in traditionally Republican states. In Ohio, Democrats hold a lead in the Senate race and a significant advantage in the governor’s contest. In Iowa, the Senate race remains tight, but Democrats lead the governor’s race. These shifts threaten Republican control of the Senate and could result in a Democratic majority of governorships for the first time since 2010.

Economic anxiety and immigration fears fracture Trump’s Latino coalition ahead of midterms
politics3 days ago

Economic anxiety and immigration fears fracture Trump’s Latino coalition ahead of midterms

Donald Trump’s 2024 Latino voting coalition is rapidly eroding as economic hardship and aggressive immigration enforcement drive voters away from the Republican Party. New polling indicates a sharp shift toward Democratic candidates in key battleground states, particularly Texas, where the GOP’s recent redistricting strategy may fail to secure expected seats. While frustration with Trump is high, Democrats face challenges in converting this discontent into a durable coalition, as their own favorability among Latino voters has not fully recovered from previous losses.

Georgia Governor’s Race: Bottoms and Jackson Clash in Sole Debate
politics3 days ago

Georgia Governor’s Race: Bottoms and Jackson Clash in Sole Debate

In a tight race for Georgia governor, Democrat Keisha Lance Bottoms and Republican Rick Jackson held their only scheduled debate, focusing on economic affordability, data centers, and their respective relationships with President Trump. Bottoms criticized Jackson’s alignment with the administration, while Jackson attacked Bottoms’ record as Atlanta mayor. The debate highlighted the candidates' divergent approaches to tax relief and surveillance, occurring just weeks before early voting begins.

Trump ties $5,000 dividend to GOP midterm victory as cash payouts begin
politics5 days ago

Trump ties $5,000 dividend to GOP midterm victory as cash payouts begin

President Trump has renewed his pledge to issue $5,000 checks to all U.S. adults if Republicans retain control of Congress in the November 2026 midterms. This promise follows the recent distribution of smaller payments, including $90 checks for Medicare beneficiaries and $500 refunds for certain healthcare insurance buyers. While the administration cites economic strength and private investment as funding sources, the $5,000 dividend lacks a concrete budget plan and requires congressional approval. Polls indicate significant voter skepticism, with many doubting the feasibility of the massive payout or its impact on their voting decisions.

Trump's Red-State Blitz and Cash Promises Face Backlash as Midterm Polls Tighten
politics5 days ago

Trump's Red-State Blitz and Cash Promises Face Backlash as Midterm Polls Tighten

President Trump is campaigning in deep-red states like Ohio, Texas, and Oklahoma to shore up unexpectedly tight Republican races ahead of the November 3 midterms. New polls show Democrats competitive in five reliably Republican states, threatening the GOP's narrow Senate majority. To counter low approval ratings and economic frustration, the White House is distributing direct payments, including $90 Medicare checks and $500 ACA refunds, while floating a $5,000 'dividend' contingent on GOP victory. Critics call these payments a 'political bribe,' noting previous unfulfilled promises and potential inflationary costs.

Trump’s Second Term: A Self-Inflicted Economic Crisis Amid Mixed Data
politics5 days ago

Trump’s Second Term: A Self-Inflicted Economic Crisis Amid Mixed Data

Matt Bai argues that Donald Trump’s second term is uniquely defined by self-inflicted economic damage, citing tariffs, an Iran war, and immigration crackdowns as primary causes of current instability. While the Federal Reserve raises rates to combat inflation, consumer sentiment remains poor, with only 14% of voters viewing the economy as improved. Critics note that while macroeconomic fundamentals remain resilient, the administration’s erratic policies have exacerbated debt and energy costs, creating a 'self-own' scenario distinct from previous recessions.

Historic Disapproval on Inflation Threatens GOP Midterm Hold
politics6 days ago

Historic Disapproval on Inflation Threatens GOP Midterm Hold

President Donald Trump faces record-low approval ratings ahead of the November 2026 midterms, with 82% of Americans disapproving of his handling of inflation. While polls show a strong Democratic advantage, analysts warn that low Republican turnout and difficulty reaching GOP voters in surveys could narrow the margin. The economic dissatisfaction is the most significant liability in modern presidential history, surpassing disapproval levels for past wars and scandals.

Bessent Dismisses AI Bubble Fears Amid Record Yields and Market Resilience
economy7 days ago

Bessent Dismisses AI Bubble Fears Amid Record Yields and Market Resilience

Treasury Secretary Scott Bessent has publicly downplayed concerns regarding rising bond yields and the potential for an artificial intelligence (AI) bubble. This stance contrasts with recent market data showing a 30% surge in 10-year Treasury yields, which has coincided with record highs for the S&P 500. While broad market indicators show weakness in small-cap and utility sectors, large-cap technology stocks continue to drive overall market strength. Bessent’s comments suggest a confidence in the current economic trajectory despite warnings from analysts about valuation risks and tightening monetary conditions.