Fiasco for Trump as Leaked GOP Memo Warns of Epic Midterm Bloodbath

THE DAILY BLAST with Greg Sargent

The New Republic

News, Politics

4.4 • 800 Ratings

🗓️ 1 May 2026

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

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Summary

Public polls are showing that Democrats now have the advantage over Republicans on the economy, a milestone. Strikingly, Politico reports that a newly-leaked memo from a GOP-aligned group actually confirms the same thing. The memo warns that the group’s internal polling and research “show that for the first time, Democrats are more trusted on the economy and inflation.” It also warns that Republicans are in serious danger of losing the Senate, and strongly urges Republicans to overhaul their economic messaging in a big way. That is an absolute fiasco for Trump: It’s his economy that is putting the GOP in such grave danger. Indeed, this comes as inflation just spiked again. We talked to New Republic staff writer Monica Potts, who’s been doing good reporting on how ordinary Americans are experiencing the economy. We discuss why the GOP midterm panic is such a damning indictment of Trump, why Democrats leading on the issue is a sea change, and how they can seize control over our economic debates in a more ambitious way. Looking for More from the DSR Network? Click Here: https://linktr.ee/deepstateradio Learn more about your ad choices. Visit megaphone.fm/adchoices

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0:45.9	This is the Daily Blast from the New Republic, produced and presented by the DSR Network.
0:48.2	I'm your host, Greg Sargent. Public polls are starting to show that Democrats are now more trusted on the economy than
1:01.9	Republicans are, a milestone with major implications for the elections.
1:07.2	Strikingly, a new memo from Republican operatives just conceded this as well, while sounding
1:12.8	a loud warning that the GOP is in danger of losing the Senate. All this is also underscored
1:19.1	by fresh economic data. It suggests that the struggles of ordinary Americans could be getting
1:24.8	worse. New Republic staff writer Monica Potts has been doing some really good
1:29.9	reporting on what ordinary voters are thinking and feeling about the economy. So we're talking to her
1:35.0	about all this today. Monica, nice to have you on. Thanks for having me. So let's start with the new
1:41.4	data. GDP grew at 2% during the first quarter of this year, which is better than last year, but still came in under expectations.
1:49.6	And inflation just had its biggest spike in nearly three years by one metric, driven in part by gas prices in the war.
1:57.2	Monica, it just seems like we're economically stuck. Is that the right way to think about it?
2:02.5	I think so, you know, the economy was on a path to recovery at the end of the Biden administration.
2:08.7	I think people conveniently forget that the post-COVID era was a really unusual time.
2:15.8	And we hadn't seen anything like it in our lifetimes. And a lot of
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