The NPR Politics Podcast The NPR Politics Podcast

It's (still) the economy, stupid

Aug 3, 2026 · 18m

Summary

NPR hosts Tamara Keith and Ashley Lopez join Scott Horsley to analyze the U.S. economy, highlighting slow growth, rising inflation, and a stagnant job market. They discuss how Democrats frame economic struggles as corruption while Republicans lack concrete affordability plans beyond tax cuts. The episode also examines how President Trump’s tariffs and the war in Iran have driven up costs, fueling voter frustration and anti-incumbent sentiment.

Topics discussed

Introduction: Midterms and the state of the economy Economic report card: GDP, inflation, and the K-shaped recovery Job market analysis: Low layoffs but stagnant hiring Democratic strategies: Affordability and corruption narratives Republican responses: Tax cuts and the 'One Big Beautiful Bill' Ad break and podcast promotions Trump's economic messaging vs. voter reality Impact of tariffs and the war in Iran on prices Conclusion: The broken American contract and midterms Outro and final podcast advertisements
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