Shapiro shreds Trump's economy

Ahead of President Donald Trump’s remarks on the economy in a swing district in Northeastern Pennsylvania on Tuesday night, his self-grading of an “A-plus-plus-plus-plus-plus” on a key midterm issue is roiling the campaign trail.

Pennsylvania Democratic Gov. Josh Shapiro said in an exclusive statement to POLITICO that Trump’s remark — delivered during his sitdown with POLITICO's Dasha Burns for a special episode of “The Conversation” released this morning — is out of touch with reality.

“The President’s statement does not reflect the reality on the ground here in a community where many Pennsylvanians voted for him in the last election,” Shapiro said in the statement. “The record is clear: his policies have hurt the very communities that propelled him to the White House. Trump’s tariffs and economic policies have raised prices at the grocery store, shuttered markets for our farmers, hurt our manufacturers, and dramatically increased the cost of living for Pennsylvanians.”

During the interview with POLITICO, Trump was asked what grade he would give his economy, to which he responded: “A-plus-plus-plus-plus-plus.” That remark comes despite consistent polling, including a recent POLITICO Poll, that shows voters are feeling pinched. According to the most recent Consumer Price Index, prices rose 3 percent over the 12 months ending in September. Trump’s top advisers, meanwhile, are pitching his Pennsylvania trip as an attempt to reboot an affordability message that’s been hindered by his insistence that the economy is strong.

The president’s comments to POLITICO on the economy are already being turned into a cudgel against him heading into the midterms, as Shapiro’s response — and other Democrats — shows.

Illinois Democratic Gov. JB Pritzker, another potential 2028 candidate, joined Shapiro in dinging Trump for the comments. “Must be graded on a curve that excludes rent, groceries, and healthcare,” Pritzker wrote in a post on X.

“Bringing his alternative reality and talking points to our Commonwealth won’t bring down the cost of groceries or make life more affordable for working families,” Shapiro continued in the statement. “Instead of trying to put on a show, he should get to work with Democrats and Republicans to actually cut costs for hard working families — as we have done here in Pennsylvania.”

Steve Bannon, a MAGA stalwart and host of “The War Room” podcast, told POLITICO that he trusts in Trump’s ability to carry forward the message on affordability and cost-of-living issues.

“If you're gonna go on the road, go on it, but he’s showing you that he’s the best person to sell his program,” Bannon said. “And if you don’t believe it’s an ‘A-plus-plus-plus-plus-plus,’ then you're not the right guy to sell it.”

Sen. Dave McCormick (R-Pa.) was asked during an appearance on Fox Business earlier on Tuesday whether he agreed with Trump’s grade of the economy — the specifics of which he steered clear from. “I think the starting point is we're digging out of a huge hole that we're in as a result of the Biden administration,” he said. “What the president is saying is we’ve done a remarkable amount over the last 12 months. The economy is better. … But there’s a lot more work to do. Working families that are still living paycheck to paycheck, they’re still feeling crunched — by health care, by energy costs.”

White House spokesperson Kush Desai told POLITICO that “much work remains” but that “putting an end to Joe Biden’s inflation and affordability crisis has been a Day One priority for President Trump” and ticked off accomplishments including “slashing costly regulations to securing historic drug pricing deals efforts that have cooled inflation and raised real wages.”

Stacy Garrity, the GOP gubernatorial candidate and Pennsylvania state treasurer — who was scheduled to attend Trump’s visit to Mount Pocono and has backed his tariffs and the One Big Beautiful Bill Act — didn’t specifically address Trump’s economic grade when asked if she agreed with the assessment. Matt Beynon, a spokesperson for Garrity, said she is “looking forward to joining President Trump” and that the “treasurer is looking forward to being a partner with” Trump and “not a courtroom opponent like Josh Shapiro.”

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