Matt And Brian Solve The Vibecession

Donald Trump has, in fact, damaged the economy. He’s juiced inflation and weakened the labor market and created deep uncertainty. But the public seems to think things are worse now than at any time since the Great Depression. And that is empirically not true.

So in this episode, Matt and Brian try to unravel the mystery of why perception and reality have departed from one another so dramatically.

• Does Trump in some sense deserve this economic discontent, for fanning it on the campaign trail and selling lies about lower prices, only to govern corruptly and incompetently?

• Is Trump just as much a victim as Democrats of a new media era in which negativity drives attention?

• And if smartphones and social media really are the main drivers of discontent, how much is due to viral misinformation, and how much is due to a more generalized malaise that arises from hours wasted scrolling?

Then, if weak economic sentiment is only loosely tied to real economic conditions, what can Democrats do about it? This episode contains real, actionable ideas: how to message through economic challenges; how to instill confidence in voters across lengthy campaigns, without overpromising; how to exploit right-wing governing failures for maximum partisan benefit.

All that, plus the full Politix archive are available to paid subscribers—just upgrade your subscription and pipe full episodes directly to your favorite podcast app via your own private feed.

Further reading:

• Matt on the Tyranny of Democratic Plansmaxxing.

• Brian on how MAGA is devouring itself before our eyes.

• Arin Dube’s new book on persistent labor market weakness and how to fix it.