A Wake Up Call on the Economy

November 7, 2025

By Wes Farno (Director of General Consulting)

Economic anxiety now dominates American politics, which was made evident on Tuesday. Across Virginia, New Jersey, California, and New York City, voters put the cost of living, jobs, and financial stability above every other issue.

In Virginia, Democrat Abigail Spanberger defeated Republican Winsome Earle-Sears by 15 points, with half of voters naming the economy as their top concern. New Jersey voters re-elected Mikie Sherrill while splitting evenly between “taxes” and “the economy.” In New York City, the cost of living ranked first; crime barely registered, despite a 20% higher crime rate than pre-pandemic levels. Californians passed a redistricting measure strengthening Democrats, yet over half said they felt angry or dissatisfied with the country’s direction.

Roughly six in ten voters say their finances are “holding steady,” but only one in four feels they’re moving ahead. More than 60 percent report frustration with national leadership. The triggers are different but unifying under an affordability umbrella: property taxes in New Jersey, federal cuts in Virginia, and housing in New York. It is very clear that families feel squeezed.

Republicans have an incredible opportunity because voters aren’t demanding purity; they’re rewarding competence. Inflation fatigue is real, and cultural fights no longer move swing voters.

The GOP advantage lies in offering credible, pragmatic solutions that address kitchen-table issues.

  • Affordability: “Families are paying more and getting less.”
  • Jobs: “It shouldn’t take a college degree to make a good living.”
  • Fiscal discipline: “Families balance their budgets; government should too.”

Voters are no longer satisfied with slogans about tax cuts; they want tangible solutions that impact their daily lives. We need to make our economic message more relatable. Zohran Mamdani’s win in New York City showed that voters (even if we know they will fail) respond to candidates who offer specific, relatable ideas. If we are going to win next November, we must do the same. We must offer a plan to make it easier to start a business, learn a trade, or buy a first home. The contrast we should draw is not just about philosophy but practicality. While the left wants to grow government, we should show how conservative ideas empower people to build stability for themselves.

The tone should be empathetic, not angry. Localize the message to reflect what voters feel at home: higher bills, stagnant wages, fading optimism. To win, we must then offer real-world solutions to their real-world problems. It shouldn’t be difficult; we are the party that believes in the ingenuity of Americans. 

We craft strategies to help you win.

At Ascent Strategic, we devise winning strategies for candidates and political organizations. We'd love to see what we can help you achieve.

More from Ascent Strategic:

Events, My Dear Boy, Events

By Andrew Boucher (Partner) It's hard to argue with the conventional wisdom that 2026 will be a tough year for Republicans. The House majority is razor-thin, and midterm elections historically swing against first-term Presidents. But from a strategic,...

How Real Campaigns Actually Win Elections

By Kory Wood (Partner) Every campaign cycle, we hear the same question from candidates and organizations: “What’s the best tactic?”Is mail better than TV?Should I invest more in digital?Do I really need social media? The honest answer may surprise you: there is...

The Stuff No One Tells You About Hiring Your Campaign Staff

By Derek Dufresne (Partner) If there’s one thing I’ve learned after enough campaign cycles to measure my life in yard signs, it’s this: your team will make or break you long before voters do. Candidates obsess over messaging, polling, yard signs, and TV ads— but the...

What Voters See Before They Hear You

By Amanda Biundo (VP of Creative & Marketing) Before a voter reads a word or listens to a sentence, they have already formed a judgment. It happens in the blink of an eye, and research shows people form first impressions in as little as 50 milliseconds. That...