With Election Day just four weeks away, now is a good time to level set as things come to a head this midterm cycle. I’m not here to make any predictions about the outcome and the Mr. Fusion on my flux capacitor is in need of repair.
Political Rag only seeks to understand the environment and trends, weighed against historical outcomes. And right now, the environment is becoming increasingly difficult for Republicans to defend, the trends in the data are putting wind in Democratic sails, and if history is any guide, this combination is on track to produce mathematical difficulties for the GOP next month.
The reason isn’t simply because Donald Trump is unpopular. It isn’t even that voters are unhappy with the economy. It is not the Democrats lead on the generic ballot or that they’ve become the popular party (they haven’t). It’s that all three of these things are happening at the same time and the DeLorean is about to hit 88 mph.
Midterm elections have historically been a drag, at best, on the incumbent party. On average, a sitting president’s party loses 28 seats in the House and 4 seats in the Senate (coincidentally, the exact number that would flip control of the upper chamber this year). Incumbent party backlash is so common you can set your watch by it, since only 1998 and 2002 saw the incumbent party gain seats (after all, a broken watch is right twice a day).
Midterms are usually a referendum on the sitting president, but even a popular president usually can’t prevent a backlash (Ronald Reagan? The actor?!). So, if we’re looking at Trump’s popularity, then things are especially not looking good for Republicans.
The president sits at an all-time-low approval rating of 37% (who’s Vice President? Jerry Lewis?!). This is lower than Trump’s 40% during the 2018 midterms which produced a Democratic House wave. It’s lower than Barack Obama’s 42% in 2010 which produced a Republican House wave. It’s lower than George W. Bush’s 38% in 2006 which saw Congress flip entirely to Democrats. It’s lower than Bill Clinton’s 46% in 1994 which saw the Republican Revolution in Congress.
The problem isn’t confined to one demographic group that has turned on the president. The president’s approval among independents sits at a toxic 26%. Women are at 32%. Though Trump made significant inroads with Hispanics in 2024, taking 46% of their vote, they now give him a 32% approval rating and a 65% disapproval. Even Trump’s once near-universal 91% approval rating among Republicans has slid to 75% – a strong number, no doubt, but consider that Biden still had an 85% approval rating among Democrats in Gallup’s tracking, right after losing the House in 2022.
Most telling is where white voters stand with the president and Republicans. Since 2000, the GOP has routinely won by double digits with this demographic that has the highest average turnout of any racial demographic at 73%. The one time that didn’t happen was in the 2006 midterms, in which Republicans eked out just a 4-point win margin with whites, on their way to losing the majority in both houses of Congress. Today, Republicans maintain just a 1.9-point lead among whites in the average of generic ballot polling.
Then there is the economy.
The irony here is hard to overstate. In 2024, 75% of Americans indicated inflation had caused their families some sort of economic hardship. Donald Trump won 64% of these voters, and therefore the election. But that same level of economic dissatisfaction is now working against the president.
The cost of living and inflation dominate voters’ concerns. Fox News polling found 34% of voters identify costs at their top issue, while another 14% say the economy generally. Even more consequential is CBS/YouGov polling that found 95% of likely voters rate the current cost spikes anywhere from inconvenient-to-a hardship. Among the 68% who have said prices have caused them difficulties or hardships Democrats hold a 21-point advantage this fall over Republicans. And President Trump can hardly tell Americans it’s Joe Biden’s fault (as he is wont to do) because 56% of likely voters believe Trump bears responsibility for the current economy versus 20% who say Biden.
Then there are the electoral consequences themselves.
Democrats currently lead the generic ballot by nine points. That lead isn’t driven in just traditionally blue states. Every state has shifted 9.6 points toward Democrats compared with its 2024 presidential result. Even the typically noncompetitive red states have moved an average 8.4 points towards Democrats, while the ten red states with a competitive Senate race this year have shifted an average of 9.4 points.
It’s that final number Republicans should be watching most closely. That 9.4-point shift isn’t about Democratic enthusiasm in blue states. It’s a shifting political environment in places Republicans would normally consider safe. That isn’t driven by Republican defections. 89% of Republicans still have a positive view of their party. It’s that independents have significantly turned against the GOP, indicating a 15-point preference for Democrats in the generic ballot averages, with 54% saying their vote for Democrats is more a vote against President Trump.
None of this guarantees a Democratic landslide. Like I said, I don’t get into the business of making predictions. But if we removed Donald Trump’s name from the equation and applied this environment to any president, regardless of party, it would still be difficult to argue that party is going to come out ahead once balloting begins.
And balloting has begun. Nearly 1.3 million votes have already been cast, and over 52 million mail ballots have been requested. The time for President Trump and the GOP to convince anyone other than loyal Republicans to vote for them is nearly up. And that’s assuming loyal Republicans show up, with a Fox News poll finding just 53% of Republicans are interested in voting this year, compared to 64% of Democrats.
A word on polling and data. Some might ask, what if the polling is wrong? They might point out polls underestimated Trump in 2016. Others might consider Democrat Mikie Sherrill’s 14-point romp in New Jersey which one poll just days before showed a 1-point race. Both observations would be right. The polls could very well be underestimating Republicans, and we get a blue trickle instead of a wave, or they could be underestimating Democrats, and we get a wave that realigns the map. But polls are the best data we have to work with, and all campaigns use them. Until Doc Brown shows up with the DeLorean to tell us what happens in the future, we don’t have other places to turn. But I’m not holding my breath because we still don’t have hoverboards, and wearing multiple ties with a suit still hasn’t become fashionable, despite my best efforts.
So, with just four weeks until polls close, the question isn’t whether Republicans are facing a difficult midterm. They are. The question is how much the political environment has shifted, putting Senate seats in reliably red states in play, and whether there is enough time left for Republicans to move it back.
Today, the numbers aren’t encouraging for Republicans.
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