Trump defends a booming economy as media and polls downplay real progress before midterms
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President Donald Trump is highlighting strong economic performance, tax relief and falling inflation, while hostile polling and pundit spin try to obscure the gains Americans can see in their wallets and in the markets ahead of the November midterms.
President Donald Trump highlighted what he called “perfect” economic statistics at a rally in Clarksville, Tennessee, saying the country’s economy is “blowing away” under his second term. He pointed to tax cuts, stock-market gains and lower inflation compared with the previous administration, describing the period as a “golden age” for America.
Polls, however, show a more complicated public mood — one heavily shaped by relentless media negativity and partisan frustration rather than the full economic picture. A Pew Research Center survey found only 21% of Americans rate the economy as good, while 65% say Trump’s policies have worsened conditions. An AP-NORC poll reported just 17% approve of his handling of cost-of-living issues, and a Fox News survey showed his overall economic approval has fallen to 29%.
"There’s no doubt that it was one of his strengths and I think it’s what the American people elected him back for," said Marc Short, who served as Trump’s liaison to Congress in his first term.
Economic data present a mixed picture, but not one that justifies the panic from Trump’s critics. Consumer prices rose 3.7% in September year-over-year, and gas prices increased 9.1% that month, driven in part by tariffs and the war in Iran, according to Federal Reserve researchers. While the stock market and unemployment rates remain relatively strong, voters say rising food and fuel costs dominate their concerns — a reminder that global shocks and lingering distortions from the previous administration still matter.
Republican strategists acknowledge the challenge of communicating macroeconomic success to voters who are focused on daily bills. "It’s hard to tell people what they feel is wrong," said Mike DuHaime, a former political director for the Republican National Committee. "Whether or not the stock market goes up or not doesn’t matter if I can’t afford groceries."
The economic narrative is also influencing competitive races in traditionally red states such as Texas, Iowa, Alaska and Ohio, where Democrats are leading in recent polls. Some GOP candidates, including Senate hopefuls Ashley Hinson and Mike Rogers, have begun to distance themselves from Trump’s trade and foreign-policy positions, calling for an end to the Iran conflict and tariff disputes.
Vice President JD Vance has taken a more tempered approach, urging voters to give the administration another chance while acknowledging current hardships. Former Trump deputy press secretary Harrison Fields said Vance’s tone reflects a strategy of recognizing shortcomings while emphasizing ongoing tax cuts and deregulation.
Trump’s campaign continues to promote direct financial incentives, such as a $5,000 payment to every adult American if Republicans retain congressional control and rebates for health-care costs. Critics on both sides have accused the measures of voter bribery, but the president maintains that the policies signal broader prosperity.
"I’ve done a very bad job of explaining how good the country is doing. We’re doing better than any country in the world economically," Trump said at a September event.
The contrast between Trump’s optimistic messaging and the prevailing voter concerns over inflation and prices underscores a key challenge for the GOP as the November midterm elections draw near.