The DSR Network The Daily Blast: Trump Hit by Harsh Blow from Fed Chair as Polls Reveal Fresh Weakness
Jul 31, 2025
In this discussion, James Downie, an MSNBC.com columnist and author, shares insights on the political landscape amidst President Trump's mounting challenges. He highlights Trump's declining approval ratings, particularly regarding economic management linked to tariffs. The conversation dives into the urgency for Democrats to seize the moment and adapt their strategies in light of these shifts. Downie emphasizes the importance of voter enthusiasm among Democrats, despite their approval struggles, as they prepare for the midterm elections.
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Fed Hits Trump on Tariffs and Inflation
- Fed Chair Powell says Trump's tariffs are pushing prices up and raising inflation expectations.
- This undercuts Trump's demand to cut interest rates and is politically damaging given upcoming tariffs.
Trump's Approval Hits New Low
- Trump's approval rating has sunk to 40 percent, especially on the economy and jobs.
- These numbers likely will worsen as new tariffs take effect and increase prices further.
Democrats' Low Favorability Is Misleading
- Democrats' low party favorability stems from voters wanting stronger action rather than switching to Republicans.
- Democratic voters remain enthusiastic and prefer fighting Trump over compromising.