Steve Bannon and Mark Mitchell lay out why Republicans are losing an entire generation.
Watch the clip below.
This clip aired on WarRoom’s morning show on November 13, 2025. Transcript begins below (lightly edited for clarity; may contain minor errors).
MARK MITCHELL (GUEST): “Yeah. My thoughts are the Republicans are going to lose because they do not understand politics. They are still playing yesterday’s political game, which is a game about basically two warring sides, two warring ideological sides, locked in a complete stalemate. And it is not like that anymore. People under 50 do not really care about conservatism. The problem is that all of these values have basically failed America. And everybody above 50 is generally doing pretty well. Everybody under 50 cannot afford a house, does not want to get married, society does not work, the churches do not mean as much as they used to, the schools suck, like everything is falling apart.
And that is what happens on a Fourth Turning. And it is like, okay, you get this wave of boomers. They did really well. And what is wild is just look at like median homebuyer age, which has gone up from 39 to 59 in the last 20 years. So there is an entire slice of the generation that is literally just been priced out of the American dream. And the polling tells us this. Like everybody thinks that today’s children will be worse off than their parents. The numbers are just absolutely abysmal. So something like the music finally stopped is basically where we are at.
And you have the Republican Party that is just like, well, you know, they will be fine just voting for us because nobody likes socialism. Well, we are getting to the point where people are considering socialism. And I think that this was like the last chance of the right to actually put up or shut up. And everybody is seeing that, oh, they are just going to shut up. That is exactly what happened. Donald Trump had the perfect platform. He was given the biggest mandate the Republican Party is ever going to have. All he had to do was come in and literally just reform government and smash the oligarchy. And he is not going to.
And so all the young people, all these people like the Trump voters under 40, they are not conservative at all. And they gave Donald Trump a 60 percent approval rating in the fall or in the spring when Elon Musk and DOGE were just completely shock and awe, like tearing the government apart. Everybody was validated that, yes, I distrusted the federal government, and I was right, it sucks. And all of a sudden, we just like bottled that back up. And now it is like, oh, it is the Republicans and Democrats, who is going to blame more. It does not matter. They are just going to vote for Mamdani because he is going to give him a 10 trillion dollar housing crisis bill. And, you know, it will destroy the republic.”
STEVE BANNON (HOST): “Is this the reason, hang on, is this the reason that in political media you could tell that this shutdown did not generate the interest, did not generate the passion, did not generate the concern of the one that President Trump did in 18 for Build the Wall and the one that was in 13 with Mike Lee and Ted Cruz about Obamacare, that conventional politics and kind of the Republicans, the Democrats going at it, going at it at a superficial level is not what drives people now?”
MARK MITCHELL (GUEST): “We do not have daily tracking on party. We have daily tracking on Trump. And this one was very different, entirely different landscape. I have been saying that people want to shut down. But the whole point was to actually reform the system with it. And so what happened is Donald Trump’s numbers did not take a nosedive at all. For the first three weeks of the shutdown, it was incredible. I did not know what to expect. And people were like, okay, whatever, sure, we are going to shut this down. And on the internet, which I admit is not real world, everybody was like, oh, look, we have got to get Russ Vought, the Grim Reaper.
So what happened is about three weeks into this, when Donald Trump is flying around the world talking to dignitaries and we are building the east wing of the White House and now food stamps are going to get defunded and we are walking into an election, all of a sudden his numbers started tanking. And it was very clear that, in my opinion, the Republicans had no plan, and everybody went on the internet, and everyone was ripping their faces off on the right about Israel. And so I think that is what happened.
And then you look at the elections, and it is like, oh, yep, independents and crossover Democrats did not turn out in New Jersey. And some of them might have been affected by what was going on, but clearly some of them, I think, just expected more out of a Republican Party and are not excited to go to the polls. Democrats are excited to go vote because they hate Trump in that mode of attrition that they are now appearing to lose.
And the generic ballot is, I think, Democrat plus five on the Real Clear Politics aggregate. Rich says his numbers are way worse than that. I do not steal his thunder. And we are going to go back in the field soon, too. And history tells us they are going to lose it anyways. And so at this point, you know, you have a clip about it, but there needs to be drastic action for the Republican Party if they actually want to fix America. But I think what is being revealed is that they just do not.
And JD Vance polls really well, but you know 2028 this time we mean it is not a good campaign slogan.”
Follow Mark Mitchell on X at @honestpollster
