Public polls indicate that Democrats have surpassed Republicans in voter trust on the economy—a historic milestone. Now, a newly leaked memo from a GOP-aligned group confirms the same conclusion.

The memo, reported by Politico, reveals that the group’s internal polling and research “show that for the first time, Democrats are more trusted on the economy and inflation.”

It also warns that Republicans are in serious danger of losing control of the Senate and strongly urges the party to completely overhaul its economic messaging. This development represents a major setback for former President Donald Trump, whose economic policies are seen as a key liability for the GOP.

The memo’s warnings come as inflation data shows another spike, deepening concerns about the party’s economic standing ahead of the midterm elections.

Expert Analysis: Why the GOP’s Midterm Panic Matters

We spoke with Monica Potts, a staff writer for The New Republic, about her reporting on how ordinary Americans are experiencing the economy. In our discussion, we explored:

  • Why the GOP’s midterm panic is a damning indictment of Trump’s economic record;
  • How Democrats gaining the upper hand on economic trust marks a significant shift in voter sentiment; and
  • What steps Democrats can take to assert greater control over economic policy debates.

Listen to the full episode here.