‘It Will End in Tears’: Andrew Neil’s Dire Warning on the US Economy

Nov 13, 2026 | One week after a historic Democratic midterm landslide, Donald Trump’s final two years in the White House look set to trigger political chaos, a Republican civil war, and a potential stagflation crisis. Gerard Baker is joined by Andrew Neil on The State of It USA to break down what the election results really mean for Trump, the GOP, the Democrats, and the global economy.

With Democrats flipping Mississippi for the first time in over 40 years and eyeing up to 56 Senate seats alongside an 80-seat House majority, Washington is entering uncharted territory. Gerard and Andrew examine whether Trump’s electoral appeal is dead, the looming clash between JD Vance and Reagan-era Republicans like Ron DeSantis, Marco Rubio, and Ted Cruz, and why the Federal Reserve could be trapped if the AI boom deflates while inflation stays high.

Gerard Baker, columnist at The Times and editor at large at The Wall Street Journal Andrew Neil, presenter of The Andrew Neil Report