Why the Democratic Party lost the Election:

The Democratic party had an excellent candidate but they still lost. What happened? I am 84-years-old and I remember the Golden Age of the US between 1945 and 1970. A man could support his wife and kids. The wife did not have to work if she didn’t want to. He could buy a house. Buy a new car every couple of years. Send the kids to college and retire debt free with a little money in his bank account.

Today 74 percent of people on wages and salaries live from paycheck to paycheck and most are heavily in debt. Students graduate from college with a large debt load. It takes the income of two people to be able to afford an apartment and pay the monthly expenses. Raising a child is estimated to cost 18,000 dollars per child per year. Finding child care costs 10 dollars per hour for children that are 15-days-old to 15-months-old. The poor single mother with two children and making 15 dollars per hour cannot possibly make ends meet. So how did the US get in this economic mess?

For a starter, the US has been systematically looted and the assets moved off shore. It is called the Free Market. This means that the banks and Wall Street are free to lie, cheat, and steal, and anything goes as long as someone makes money.

The second thing you have to know is that inflation is not three percent. It has been over 10-percent since George W. Bush took office. Fed Chairman Greenspan changed how inflation is calculated, so now you get how inflation feels and not what inflation actually is.  What Wall Street and the banking industry does is inflate asset value and lower wages with a high inflation rate.

James Fritz

Port Townsend