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You are here: Home / Economy / Trump’s Presidency Is in a Death Spiral

Trump’s Presidency Is in a Death Spiral

March 23, 2026 at 2:49 pm EDT By Taegan Goddard Leave a Comment

Lakshya Jain: “Trump’s numbers on the economy are radioactive. Every major demographic group of voters disapproves of his economic stewardship, including supermajorities of young and nonwhite voters. He’s even underwater on this issue with white, non-college voters, a group he won in 2024 by more than 20 percentage points.”

“Perhaps the most dangerous warning flag for Trump? A majority of voters expect that the economy will get even worse over the next year…”

“This data also comes with sharp implications for the midterm elections. By this point, it is difficult to see a way in which an aging Trump can escape the death spiral that has enveloped his presidency.”

“What’s more, the loss of trust the Republican Party has experienced on the economy has been nothing short of staggering. In fact, in our latest survey, Democrats actually had a slight edge when it came to the economy, which marked a shocking reversal from the 14-point edge Republicans enjoyed during the Biden years.”

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Filed Under: Economy, White House

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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