David Pakman

which certainly sounds like a complete and total political collapse.

But we've got to understand what these numbers means and mean and what these numbers don't mean, especially in the context of the upcoming midterm election.

So let's take a second.

Let's watch the video.

Let's then unpack it, because there are two different things mixed together here that are important to disaggregate if we can.

I would be shaking in my boots.

OK, so now let's kind of take this piece by piece, piece piece by piece.

Yeah, let's take it by piss today.

First and foremost, we're talking about.

Approval.

Among independents.

on the issue of the economy.

OK, so this is a very specific statistic.

Now, the underlying or overarching takeaway that this is a disaster for Trump is true.

These numbers by historical standards are extraordinarily weak, consistently worse than where most presidents have been at comparable points in their presidencies.

And that is that is very important.

And that is real.

If you go back and look, presidents who win comfortably or whose parties do well in the midterms, they have at least decent approval in general and decent approval on the economy.

It might not be amazing, but it's like somewhere in the 50 range or at least they're not deeply underwater.

Trump has been sitting well below that for a while and it's getting worse.