Contrary to Mr. Trump’s famous promise, you don’t hear many people saying they’re tired of all the winning. According to the Real Clear Politics polling average, nearly 6 in 10 Americans think the country is headed in the wrong direction. That’s a recipe for a GOP wipeout in November 2026. If current trends continue—although given the left’s penchant for insanity, that’s no guarantee—expect a Democratic return to the White House in 2029.
So what are Republicans going to do about it? What can Mr. Trump do? He can start acting like a traditional, pro-growth Republican. Pivot to the party’s historic supply-side strength. Ditch the populist mumbo jumbo about tariffs, subsidies and redistribution. Stop trying to jawbone the Fed on interest rates. Americans don’t want welfare. They’ve never wanted it. They want to work and take care of their families. And they’re smart enough to know that having everything in their shopping carts say Made in the USA isn’t necessarily a good deal.
Voters—that is, adults—want a growing economy that keeps inflation at bay and creates opportunities for work and investment. That’s all they’ve ever wanted from Washington. Republicans across the country should focus on shrinking the government and promoting economic dynamism. Instead of trying to buy voters with mailbox money, let people keep more of their weekly paychecks.
Peter Earle is no fan of the 50-year-mortgage scheme.
GMU Econ alum Alex Salter is correct: “The Fed doesn’t determine the price of credit. Markets do.”
GMU Econ alum Dominic Pino – now a columnist for the Washington Post – ponders what’s happening in Japan and then explains that “America urgently needs entitlement reform and economic growth.” Here’s his conclusion:
To avoid falling into Japan-style arrangements, the U.S. is going to need to reform its entitlement programs and continue to grow its economy. Japan isn’t a model for how to deal with a debt problem. It’s a warning of what will happen if it continues to go unaddressed.
Jeffrey Blehar isn’t surprised that Trump and Mamdani hit off with each other so well.
GMU Econ alum Dave Hebert compares tariffs to import quotas.
