Reuters warns: Trump's economic stance is chaotic and may drag down the Republican midterm elections

On February 10, Reuters analysis pointed out that Trump’s miscommunication on inflation and living costs is creating risks for the upcoming midterm elections for the Republican Party. Several Republican strategists and former government economic officials warned that Trump might be repeating Biden’s mistakes during high inflation periods, damaging his own and the Republican Party’s credibility on the economy, which voters care most about. The report states that in five economic speeches since December last year, Trump claimed nearly 20 times that inflation had been defeated and nearly 30 times that prices were falling, but actual data and public perception do not support this claim. Over the past year, inflation remains close to 3%, with daily expenses like food continuing to rise: ground beef prices are up 18% year-over-year, and ground coffee has increased 29%. Reuters statistics show that in about five hours of speeches, nearly half the time was spent deviating from economic topics, frequently shifting to immigration, foreign policy, and attacks on political opponents. Within the Republican Party, there are concerns that his self-described “intermittent” speaking style is obscuring his core economic positions, making it difficult for voters to form a clear understanding. Republican strategists openly state that if Trump continues to make disconnected statements before the November midterm elections, it could hinder Republican candidates in key swing districts. Polls show that only about 35% of Americans approve of Trump’s handling of the economy, significantly lower than at the start of his term. Many former government economic officials believe that the most critical thing for the president in an election year is to demonstrate an understanding of voters’ economic struggles. They warn that ignoring this is a key reason Biden may lose in the 2024 election.