Editor’s note: This is a lightly edited transcript of today’s video from Daily Signal Senior Contributor Victor Davis Hanson. Subscribe to our YouTube channel to see more of his videos.

Hello, this is Victor Davis Hanson for The Daily Signal. We’re at four months now in the new Trump second administration. And a strange thing has happened.

If you look at the polls, after diving for President Donald Trump with the announcement that he was going to subject certain countries to high tariffs—which panicked the stock market. Now, the stock market’s almost recovered, or has recovered, all of its lost. It went down a little bit when Trump said he was going to continue the tariffs, to force the European Union to have reciprocal treatment toward the United States.

But nevertheless, Trump in the RealClearPolitics averages—which to be fair, have a preponderance of left-wing polls—is still only about a point, point and a half down. But in other polls, Rasmussen, he’s either even or he is a couple of points ahead. And yet, all of the media and all of the major organs on the Left, but even in the center and Right—The Wall Street Journal, to take another example we’ve discussed—they have been uniformly negative.

So, how in the world is Donald Trump—and Donald Trump has not been reticent. He has tweeted all sorts of things about, you know, Bruce Springsteen and Taylor Swift and Canada—things that were very controversial. How can he be almost equal and much higher than he was at his first term at this time? And........

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