“Grub first, then ethics.”
The Democratic Party lost the election because of deteriorating economic conditions. The majority of voters are not better off than they were four years ago.
The electorate understood that policies implemented by the previous administration were slowing growth and inflating the economy. Voters knew their personal economic prospects were deteriorating and that increased indebtedness, aggressive government spending, and the money printed to pay for it were the cause of their livelihoods’ destruction. They also knew that another four years of the same policies would inevitably result in higher taxation.
