On Tuesday night, Stephanie Ruhle hosted Matthew Dowd on her show, The 11th Hour. Dowd, a political counselor and analyst known for his inability to stick to one party, joined with Ruhle to criticize Republicans while praising the socialist ideas of Democratic New York mayoral candidate Zohran Mamdani.
Discussing Republicans’ support of President Donald Trump’s Big Beautiful Bill, Dowd laid out what he saw as the economic future of the Democratic Party:
I think what the Republicans have done is twofold and given the Democrats two very powerful messages. First is the Republican Party. It's laughable anymore if they stand up and claim they're the party of fiscal responsibility, it's just laughable. And if any Republican does that, we in the media and the people running against them should just laugh at them and just basically say, you've abdicated that completely.
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The other side is, and I hope the Democrats do this, they should run on economic populism. The Republicans and Donald Trump have captured cultural populism. They have not captured economic populism, which is much more powerful. Much more powerful, as we saw in the mayor's primary in New York.
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