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		<title>How the economy flipped from a red to blue issue, according to exit polls</title>
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		<pubDate>Wed, 05 Nov 2025 21:35:58 +0000</pubDate>
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					<description><![CDATA[A Navy veteran, an ex-member of Congress and a self-avowed democratic socialist won resounding victories in high-profile races on Tuesday – all carrying the banner of the Democratic party and each addressing widespread concern about affordability. Despite varied biographies, top-of-the-ballot Democrats across New Jersey, Virginia and New York City each prevailed in contests before electorates [&#8230;]]]></description>
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<p class="EkqkG IGXmU nlgHS yuUao MvWXB TjIXL aGjvy ebVHC ">A Navy veteran, an ex-member of Congress and a self-avowed <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://abcnews.go.com/Politics/zohran-mamdani-makes-history-strikes-chord-muslims-south/story?id=126909531" target="_blank" dir="ltr">democratic socialist</a> <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://abcnews.go.com/Politics/election-2025-key-takeaways-democrats-score-historic-big/story?id=127196303" target="_blank" dir="ltr">won</a> resounding victories in high-profile races on Tuesday – all carrying the banner of the Democratic party and each addressing widespread concern about affordability.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Despite varied biographies, top-of-the-ballot Democrats across New Jersey, Virginia and New York City each prevailed in contests before electorates who ranked the economy or cost of living as a top issue, according to <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://abcnews.go.com/Politics/economy-top-mind-voters-races-preliminary-abc-news/story?id=127141841" target="_blank" dir="ltr">exit polls</a> conducted by ABC News.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">The bread-and-butter advantage among Democratic nominees marked a sharp turnabout from the presidential election a year ago, when widespread discontent over inflation <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://abcnews.go.com/Business/inflation-helped-tip-election-trump-experts/story?id=115601699" target="_blank" dir="ltr">helped fuel</a> the success of President Donald Trump and the Republican control of Congress.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Roughly half of Virginia voters on Tuesday said that the economy was the most important issue facing the commonwealth, and they supported Democrat Abigail Spanberger by more than 24 percentage points, according to ABC News exit polling.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Meanwhile, more than half of New York City voters said cost of living was the most important issue facing the city, dwarfing the other issues measured in ABC News exit polling – and around two-thirds of those voters cast ballots for Democrat Zohran Mamdani.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Taxes and the economy tallied as the two top issues among voters in New Jersey, and similar shares of tax-focused voters supported Republican Jack Ciattarelli while economy-focused voters supported Democrat Mikie Sherrill, ABC News exit polling showed.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Although each candidate has different proposals to lower costs &#8212; with Mamdani being the most vocal about raising the tax rate on the wealthiest to pay for services such as child care &#8212; voters in huge numbers were attracted to their messages.</p>
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<div class="FvQLF iLTd NqeUA UzzHi iWsMV "><picture class="lazyload"><source media="(max-width: 414px)" data-srcset="https://i.abcnewsfe.com/a/f484ad5b-d553-4baa-8013-943914b5f083/grocery-ap-er-251105_1762362000786_hpEmbed_3x2.jpg?w=375, https://i.abcnewsfe.com/a/f484ad5b-d553-4baa-8013-943914b5f083/grocery-ap-er-251105_1762362000786_hpEmbed_3x2.jpg?w=750 2x"><source media="(min-width: 415px)" data-srcset="https://i.abcnewsfe.com/a/f484ad5b-d553-4baa-8013-943914b5f083/grocery-ap-er-251105_1762362000786_hpEmbed_3x2.jpg?w=750, https://i.abcnewsfe.com/a/f484ad5b-d553-4baa-8013-943914b5f083/grocery-ap-er-251105_1762362000786_hpEmbed_3x2.jpg?w=1500 2x"></picture></div>
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<div class="nMMea bNYiy Mjgpa dGwha DDmxa jgKNG RGHCC aBIU PriDW lZur " data-testid="prism-caption">
<p><span class="hsDdd OOSI GpQCA lZur VlFaz " data-testid="prism-truncate"><span><span class="gtOSm FbbUW tUtYa vOCwz EQwFq yCufu eEak Qmvg nyTIa SRXVc vzLa jgBfc WXDas CiUCW kqbG zrdEG txGfn ygKVe BbezD UOtxr CVfpq xijV soGRS XgdC sEIlf daWqJ ">A person shops at a grocery store, Oct. 31, 2025, in Nashville, Tenn.</span></span></span></p>
<p><span class="gtOSm FbbUW tUtYa vOCwz EQwFq yCufu eEak Qmvg nyTIa SRXVc vzLa jgBfc WXDas CiUCW kqbG zrdEG txGfn ygKVe BbezD UOtxr CVfpq xijV soGRS XgdC sEIlf daWqJ YNujN JGtjI aZFDu rkKLh ">George Walker IV/AP</span></p>
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<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Speaking to ABC News’s &#8220;<a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://abcnews.go.com/Politics/new-york-resist-trump-intimidation-mayor-elect-zohran/story?id=127210583" target="_blank" dir="ltr">Good Morning America</a>&#8221; on Wednesday, Mamdani said he saw his election victory as a &#8220;mandate&#8221; to pursue the &#8220;most ambitious&#8221; affordability agenda for New Yorkers in decades.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">He described the first steps toward funding that agenda as pushing to raise taxes on the wealthiest New Yorkers &#8212; along with raising corporate taxes to 11.5% from its current level at about 7.25%.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">&#8220;These things together raise about $9 billion,&#8221; Mamdani, a 34-year-old member of the state assembly who identifies as a democratic socialist, told ABC News, noting such revenue “more than pays for the economic agenda and also starts to Trump-proof our city.&#8221;</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">The results on Tuesday contrast sharply with the outcome of nationwide elections a year ago this November, when Trump swept all seven swing states en route to a decisive electoral-vote victory over Democratic nominee Kamala Harris.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Back then, about two-thirds of voters said the economy was in bad shape, according to the results of the <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://nam04.safelinks.protection.outlook.com/?url=https%3A%2F%2Fabcnews.go.com%2FPolitics%2F2024-exit-polls-fears-american-democracy-economic-discontent%2Fstory%3Fid%3D115529546&amp;data=05%7C02%7CMax.Zahn%40abc.com%7Ccb3fcecedff9470914fb08de1ca1a366%7C56b731a8a2ac4c32bf6b616810e913c6%7C1%7C0%7C638979677708955982%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=4PCRJruQwm%2FEQXvlK%2BcmsmEDeZswzEO654Koit9ZRec%3D&amp;reserved=0" target="_blank" dir="ltr">ABC News exit poll</a>. Forty-seven percent of voters said their own financial situation was worse than it had been four years earlier, which exceeded the share who held that view in the immediate wake of the Great Recession in 2008.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Inflation and the economy consistently ranked as a top concern among voters in polls conducted ahead of last year’s presidential election.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Price increases slowed earlier this year but they have <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://abcnews.go.com/Business/inflation-expected-reach-highest-level-year/story?id=126752284" target="_blank" dir="ltr">picked up</a> in recent months, arriving at the same level registered in January at the time Trump took office. Meanwhile, hiring has slowed in recent months, posing a risk of an economic double-whammy known as &#8220;<a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://abcnews.go.com/Business/stagflation-means-matters/story?id=85317436" target="_blank" dir="ltr">stagflation</a>.&#8221;</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">In a post on <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://x.com/JDVance/status/1986099131845136594" target="_blank" dir="ltr">X</a> on Wednesday, Vice President J.D. Vance downplayed the significance of the elections a day earlier, but he also acknowledged the importance of voters’ financial worries.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">&#8220;I think it&#8217;s idiotic to overreact to a couple of elections in blue states,&#8221; Vance said.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">He added: &#8220;The president has done a lot that has already paid off in lower interest rates and lower inflation, but we inherited a disaster from Joe Biden and Rome wasn&#8217;t built in a day.&#8221;</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">&#8220;We&#8217;re going to keep on working to make a decent life affordable in this country, and that&#8217;s the metric by which we&#8217;ll ultimately be judged in 2026 and beyond,&#8221; Vance said.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC eTIW sUzSN "><em class=" ">ABC News&#8217; Ivan Pereira and David Brennan contributed to this report.</em></p>
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<br /><a href="https://abcnews.go.com/Business/economy-flipped-red-blue-issue-exit-polls/story?id=127213518">Source link </a></p>
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