How to think about the midterm elections – and the political moment the country finds itself in: NPR


President Donald Trump speaks to the media during a Halloween party at his Mar-a-Lago club October 31, 2026 in Palm Beach, Florida.

President Donald Trump speaks to the media during a Halloween party at his Mar-a-Lago club October 31, 2026 in Palm Beach, Florida.

Andrew Harnik/Getty Images North America


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Andrew Harnik/Getty Images North America

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President Trump was elected in 2024, largely, with a mandate to lower prices. But that didn’t happen. Instead, Trump is facing record approval ratings and record intensity of opposition, and voters are blaming him for prices that have continued to rise since he took office for the second time.

Most presidents get more blame and credit than they deserve for the economy. But the war against Iran and the tariffs imposed by Trump have directly led to an increase in the prices of goods and energy.

The economy is increasingly divided: the rich are doing well, largely because of rising stock portfolios dominated by AI companies, while ordinary Americans are turning against AI data centers, struggling because of inflation that is outpacing wages, a poor job market, and gradually rising interest rates. These rates make it harder to buy a home or car, leaving millions of people feeling like they are treading water.

The latest NPR/PBS News/Marist poll showed that a majority — 44% — said their finances had mostly stayed the same, and another 38% said their economic situation had worsened. Only 15% said their situation had actually improved from a financial point of view.

Add to that disapproval of the administration’s tough immigration enforcement tactics, cuts to domestic spending on programs like Medicaid and other health care programs, and reductions in government regulations and staffing, and it angers influential voters and inflames Democrats.

As a result, the president’s party risks paying the price. Midterm elections are usually difficult for the presidential party.

History is not on the Republicans’ side this year

The President’s Party has only seen the President’s Party twice since World War II won House seats in midterm elections. On average, the president’s party loses 26 seats in the midterms, and the situation is worse when a president’s approval rating is below 50%, like Trump’s. When this is the case, presidents’ parties have lost an average of 35 seats. When they exceed 50%, they still lose seats, but only 15 on average, or 20 seats better than when a president is unpopular.

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