Donald Trump Promotes Economic Record Amid Midterm Inflation Anxiety

President Donald Trump visited Long Island, New York, on August 14, 2026, to promote his economic record and support Republican candidates ahead of the midterm elections. During the visit, Trump characterized the current economy as a golden age and argued that it deserves an "A+" grade.

This optimistic messaging contrasts with significant voter anxiety over the cost of living. Polling indicates only 30% of Americans approve of the president's handling of inflation, with gasoline prices exceeding $4 per gallon following an energy shock caused by a war with Iran and Israel. While Trump attributes inflation to the previous administration of Joe Biden, some Republican officials are urging him to introduce new plans, such as capital gains tax cuts, to support candidates in competitive races.

Administration officials have offered varying perspectives on the crisis. Treasury Secretary Scott Bessent dismissed claims that the economy remains K-shaped, while National Economic Council Director Kevin Hassett noted that the president does not want to campaign solely on past achievements. House Democratic Leader Hakeem Jeffries countered Trump's grade, stating the administration deserves a pink slip instead. Local Republicans on Long Island defended the record by citing rising wages and stock market gains, though others expressed concern that Trump fatigue could impact House battleground races.