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The Democrat Party’s failed vice presidential candidate, Tim Walz, recently reflected on losing the 2024 election to a venture capitalist despite being “the least wealthy person to ever run for vice president.” 

“I thought it was a real flex when the Wall Street Journal pointed out that I might have been the least wealthy person to ever run for vice president,” Walz said during a Minnesota Public Radio interview.

Walz expressed disappointment in his party’s identity politics after trying to present themselves as ordinary working Americans.

“How in the world did we lose to a billionaire or a venture capitalist, when we were making the case of a country attorney and a high school teacher?” the Minnesota governor asked.

Trump is considered a billionaire, while his vice presidential pick, J.D. Vance, is a venture capitalist with a net worth reported between $4 million and $10 million. 

In contrast, Walz worked as a high school teacher for over two decades before joining politics as the U.S. House representative of Minnesota’s 1st Congressional District in 2006, representing the district between 2007 and 2019. According to Forbes, Gov. Walz’s wealth stands at about $1 million in 2024. Only about 12% of American households are worth more than $1 million.

Kamala Harris also describes herself as an attorney who climbed the ranks from Deputy District Attorney to California’s Attorney General before joining politics as an Asian woman of African descent.

Gov. Walz also painted himself as an ordinary working American who still pays his bills despite being a politician for almost two decades.

However, unlike most Americans, he has the privilege of living in the taxpayer-funded Governor’s Mansion, which he did until 2023.

“And I thought that would be something people say, ‘Well, this guy knows where we’re coming from. He’s had to pay his bills and still does.’”

In a split-second moment of clarity, Walz lamented the disconnect between his party’s position and what Americans wanted, claiming that it “keeps me up at night.”

Nonetheless, he believes “a lot of good ideas were coming from the Democrats.”

He blamed ordinary working Americans for choosing “to vote with a billionaire, who’s talked about not paying overtime, who has a long history of not paying his workers, someone who wants to take away the Affordable Care Act (Obamacare).”

However, Trump recently said he would consider raising the federal minimum wage after discussing it with state governors. He also downplayed the possibility of ending Obamacare.

“Lyin’ Kamala is giving a News Conference now, saying that I want to end the Affordable Care Act,” Trump posted on X at the height of the campaign. “I never mentioned doing that, never even thought about such a thing.”

During his appearance on NBC’s Meet the Press, Trump also asserted that he could have taken the easy political route and starved Obamacare.

“And a lot of political people said, ‘Let it rot and let it be a failure,’” Trump told Kristen Welker. “I said, ‘That’s not the right thing to do.’”

Walz also blamed his party for failing to secure middle-class voters and “do a good enough job of showing them that we understand where they’re coming from.”