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The Warning with Steve Schmidt

Why Did Trump Give America’s Struggling Economy an “A+++”?

The Warning with Steve Schmidt

iHeartPodcasts

News, Politics, Government

4.8784 Ratings

🗓️ 10 December 2025

⏱️ 9 minutes

🧾️ Download transcript

Summary

Trump gave the economy an “A+++” even as Americans struggle to pay for groceries. Steve Schmidt explains Trump’s insanity and why MAGA is losing ground with voters.

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Transcript

Click on a timestamp to play from that location

0:00.0

This is an I-Heart podcast.

0:02.6

Guaranteed Human.

0:04.4

How would you rate the American economy as we head towards Christmas of 2025?

0:09.9

Do you give it an F? A D? How about a C? A B? What about an A? Just know, if you're

0:16.7

inclined to give it an A, that's not good enough for Donald Trump, who thinks it's even better

0:21.8

than that. Trump says he's made America great again. Trump says it's the best economy ever.

0:28.4

Trump says his grade is an A triple plus. But I do want to talk about the economy, sir,

0:35.3

here at home, and I wonder what grade you would give your economy.

0:38.7

A plus.

0:39.7

A plus, plus, plus, plus, plus, plus, plus.

0:42.3

What do you think?

0:44.3

Does that seem right to you?

0:45.9

I'm Steve Schmidt.

0:47.1

It is Wednesday.

0:48.4

This is the warning.

0:51.3

Last night in a deep red Georgia state legislative district that Donald Trump won in 2024 by 45 points, the Democrat won.

1:03.3

While that was happening, Trump was in Pennsylvania, making clear that if you think prices are rising, that you are the delusional one.

1:13.8

You are wrong.

1:15.6

Didn't you know?

1:16.8

The higher grocery prices?

1:18.8

The higher prices for clothes?

1:20.8

The higher prices for everything?

...

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