Pitchfork Economics
Pitchfork Economics

Charting a new path forward (LIVE from EconCon Presents)

In one of the highlights of last week’s EconCon Presents event in Washington D.C., Washington Post columnist Perry Bacon Jr. convened an all-star panel of political experts. Maurice Mitchell, Faiz Shakir, and Anna Greenberg joined Bacon to share lessons learned from the midterm elections, and debate

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Episode Summary

Executive Summary: A post-election EconCon panel argued Democrats’ 2022 success came from combining economic populism, anti-corporate messaging, abortion rights, and democracy defense. Speakers debated how much economic messaging was used, which policies resonated, and what Democrats must do next: broaden their economic agenda, make policy benefits more immediate and tangible, and continue fighting corporate power.

Main Topics: Economic populism as an electoral winner (Priority: 5/5): Helen Brosnitt framed the election as proof that attacking corporate power, price gouging, and monopoly influence can help Democrats win persuadable voters and energize the base. What drove 2022 turnout and Democratic wins (Priority: 5/5): Panelists cited abortion rights, anti-fascism/democracy concerns, youth turnout, and the Biden administration’s legislative record as key factors behind the results. How Democrats should talk about the economy (Priority: 5/5): Anna Greenberg emphasized credible messaging that acknowledges pain, links to corporate greed, and avoids overclaiming short-term benefits from policy that has not yet been felt. Student debt, healthcare, and targeted benefits (Priority: 4/5): Speakers disagreed on how to message student debt relief and means-tested programs, but generally agreed healthcare and drug-price issues were highly resonant and mobilizing. Expanding the economic agenda (Priority: 5/5): Maurice Mitchell argued Democrats need bolder advocacy for Social Security, Medicare expansion, child care, paid sick leave, and other working-class priorities to define the party more sharply. Policy design and immediate benefits (Priority: 4/5): The panel argued major legislation should include visible near-term wins so voters can feel concrete results quickly, not just future promises. Building a working-class coalition (Priority: 4/5): Several speakers highlighted the need for a multiracial, cross-class coalition centered on jobs, wages, healthcare, and anti-corporate politics.

Key Arguments: Democrats won by offering a real economic agenda, not just anti-Republican rhetoric; corporate greed became a more credible explanation for inflation than Biden policies. Polling and field work suggested inflation and economic anxiety were central, but campaigns were able to reframe the issue through ads about price gouging, prescription drugs, and corporate accountability. Abortion rights functioned as both a moral and an economic issue because family planning is part of economic security. Student debt relief energized the Democratic base and mobilized volunteers, even if it was politically complicated for broader persuadable audiences. Healthcare cost control and prescription drug pricing are among the most universally popular economic messages for Democrats. Democrats must broaden beyond redistribution framing and talk more about growth, apprenticeships, community college, manufacturing, and small-business support. The party should more aggressively brand itself as the side willing to fight corporate power and deliver immediate, tangible gains for working people. Policy victories need visible short-term effects; otherwise voters may not credit Democrats for long-term reforms. There was disagreement over whether Democrats talked enough about the economy overall, but general agreement that they should become more expansive and assertive about economic contrast.

Data Points: Bernie Sanders campaign stops: 19 stops across 7 states - Faz Shakir described Sanders’ pre-election travel to mobilize youth voters. States visited by Sanders: Oregon, California, Nevada, Texas, Wisconsin, Michigan, Pennsylvania - Shakir listed the states visited during the 10-day tour. Biden/Democratic policies as inflation cause: A plurality last year; not a major driver by Election Day 2022 - Shakir said messaging shifted public perception over 1.5 years. Organizing scale by Working Families Party: More than 1 million doors, 5 million phone conversations, 40 million texts - Mitchell described turnout operations before the election. Democratic campaigns endorsed by Working Families Party: Close to 1,000 people - Mitchell summarized the organization’s endorsement activity. Pollster workload: 5 statewides and about 8 congressional races - Greenberg described her firm’s direct polling work. Overall firm coverage: About 35 races - Greenberg said her firm worked in nearly every state with congressional/statewide races. Democrats’ inflation rating: About 67% disapprove - Greenberg cited Biden’s standing on inflation. Biden job approval: About split 50-50 - Greenberg contrasted job creation with inflation approval. Student debt relief sign-ups: 26 million people registered - Mitchell used this as evidence of intensity around the issue. Biden legislative achievements cited: More than $4 trillion in resources - Mitchell referenced the American Rescue Plan, IRA, and other legislation. Lowering drug costs: $2,000 cap on out-of-pocket prescription drug costs next year - Greenberg noted why some benefits were hard to message before they take effect. Example of campaign ad volume: About 70 ads, with roughly one-third on the economy - Greenberg described Mark Kelly’s campaign mix. Another campaign mix: About half of ads on the economy - Greenberg cited Matt Cartwright’s race as an example.

Pivotal Quotes: "taking on corporate power finally is a winning case" — Helen Brosnitt: Opening framing of the election as validation of an anti-monopoly, anti-corporate message. "we have to be more expansive in our economic messaging and think about a growth message, not just a kind of redistribution message" — Anna Greenberg: Greenberg argued Democrats should broaden their economic story beyond transfer programs. "Holy cow, these Democrats, they are willing to fight for me and take on power" — Maurice Mitchell: Mitchell described the kind of emotional political contrast Democrats need to project.

Implications: Democrats’ future success may depend on making economic populism more concrete, immediate, and combative—especially through healthcare, wages, child care, and anti-corporate policy—while continuing to pair those with democracy and rights messaging.

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We are living through a paradigm shift from trickle-down neoliberalism to middle-out economics — a new understanding of who gets what and why. Join zillionaire class-traitor Nick Hanauer and some of the world’s leading economic and political thinkers as they explore the latest thinking on how the economy actually works.

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