THE DAILY BLAST with Greg Sargent Trump Hit by Harsh Blow from Fed Chair as Polls Reveal Fresh Weakness
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Jul 31, 2025 James Downie, an MSNBC.com columnist and author who focuses on Democrats and midterm elections, joins the discussion on Trump's mounting political woes. He reveals how the Fed's recent decisions on interest rates undermine Trump's policies and illustrate his declining approval ratings. The conversation also touches on the implications of evolving political dynamics for Democrats, emphasizing the need for them to capitalize on Trump's vulnerabilities ahead of the midterms. Downie encourages Democrats to harness their base's enthusiasm for the upcoming elections.
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Trump's Tariffs Raise Prices
- Trump's call for large rate cuts would destabilize the economy.
- Fed Chair Powell links Trump's tariffs to rising prices, hurting voter goodwill.
Trump's Approval Hits New Lows
- Trump's approval is sinking to 40%, with economy ratings even lower.
- Tariffs going fully into effect likely make his political position worse, not better.
Democrats' Enthusiasm vs Party Favorability
- Democrats' low party favorability masks voter enthusiasm against Trump.
- Many Democratic voters want principled stands and prefer voting against Trump over party satisfaction.