President Donald Trump on Wednesday tried to explain the Republican Party’s steep election losses this week in part on a failure of language ― specifically, a failure to use a “new word.”

Many blamed his party’s defeat on a mix of Trump’s own unpopularity ― his approval rating just reached a new low ― and consumer frustration at continued inflation.

But the president insisted everything is moving in the right direction.

The only issue, he said, is that........

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