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  3. Victor Davis Hanson: ‘It’s the Economy, Stupid:’ How a Political Meme Toppled a President and Could Do It Again
December 16, 2025
December 16, 2025

•Episode length: 9m

The Heritage Foundation

Victor Davis Hanson: ‘It’s the Economy, Stupid:’ How a Political Meme Toppled a President and Could Do It Again

Episode length: 9m

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Affordability is the “new theme that Democrats are using against the Trump administration,” and it appears the administration thinks its “foreign policy successes would mitigate any criticism.”

Victor Davis Hanson illustrates the dangers of presidents not heeding the economy’s significance with voters, drawing on one of history’s most notorious examples: former President George H.W. Bush, during today’s episode of “Victor Davis Hanson: In a Few Words.”

Bush lost his reelection in 1992 because he and his campaign didn’t take his opponents seriously nor did they think the economy was a worthy platform to run on.

“ The economy is on the uptake. Donald Trump is overseas with a lot of successes. And the same Democrats are saying: It's affordability, stupid. And they need to get out in front of that issue and not discount it in the way that Republicans did in 1992.”

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Host:
•Rob Bluey
Guest:
•VDVictor Davis Hanson

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