Former White House chief of staff Mark Meadows stated on Friday that Republicans are preparing to rally behind President Donald Trump amid strong economic indicators. Meadows cited falling prices, rising paychecks, and easing interest rates as factors reshaping the political landscape heading into next year’s midterm elections.
Meadows argued that Democrats’ focus on “affordability” has become a political trap Republicans should abandon. He noted that economic trends under President Trump have already shifted in favor of voters, with tangible improvements in household finances.
“The word affordability is a Democrat scam,” Meadows said earlier this month. “They say it, and then they go into the next subject, and everyone thinks, Oh, they had lower prices. No, they had the worst inflation in the history of our country.”
Meadows emphasized that economic performance—not messaging—will drive political outcomes, particularly in the upcoming midterms. He predicted that by the end of the first quarter, Republicans will see a strong economy and renewed support for President Trump. “By the end of the first quarter … is that what we will see in the midterms is not only a strong economy, but Republicans once again rallying around Donald Trump because he has delivered on the economy,” Meadows stated.
The former congressman also addressed mortgage rates, noting they have climbed to nearly 9% during the Biden administration compared with about 2.75% when President Trump left office in January 2021. Meadows expressed confidence that rates will drop into the 4.5–4.75 range by early next year due to anticipated monetary policy adjustments. “I think we’ll see mortgage rates drop back down into the 4.5-4.75 range,” Meadows said. “When that happens, you know that the contractors, the builders, and the real estate agents will start to see a surge.”
