The Warning with Steve Schmidt Steve Schmidt: Trump Is a TOTAL Flop
Mar 27, 2026
A sharp week-in-review on sinking approval ratings and political credibility. A rundown of rising gas prices, soaring national debt, and economic contradictions. A focus on the widening Iran war and its ripple effects on fuel, fertilizer, and shipping. A critique of military strikes as a bargaining tool and the instability that creates.
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Economy Under Strain Despite Presidential Claims
- The economy is deteriorating with rising gas prices and surging national debt under current policy.
- Steve Schmidt cites gas spikes, trillions added to debt, and Trump denying the problems while claiming the economy is the best ever.
Iran Conflict Driving Broad Inflation Pressures
- The Iran war is worsening global economic pain by driving oil, diesel, and fertilizer costs higher.
- Schmidt notes diesel hit $7/gal in parts of the West Coast and fertilizer disruptions threaten spring planting.
Mixed Messaging From The President On The War
- Donald Trump publicly alternates between declaring victory and saying the war isn't over, creating strategic inconsistency.
- Schmidt contrasts Trump's