The timeline is this. The 1950s boomed and created the middle class. Why? FDR decided subsidizing the American people, instead of the robber Baron class, was the way. This subsidy approach to the working class had never happened before in American history.
A middle class cannot happen organically in a capitalist society. It requires government subsidy.
The 50s were built on the backs of women, forcibly ejecting them from workplaces to be housewives, and excluded people who were not white. But the American middle class was born due to these subsidies.
And so it went.
Then, in the 80s. The concept of the evil welfare queen was touted on the national level, and our government decided subsidizing corporate instead of a middle class was the way.
This doesn’t happen overnight, but they begin chipping away at subsidies for Middle Class America and flip those subsidies to corporate America. The belief is, or at least the sales pitch is, subsidizing corporate America is more fiscally efficient than subsidizing the middle class and will ultimately benefit everyone to create a booming, thriving nation.
And so it goes for 40 yrs. Both parties, in tandem.
The chipping away to go back to the subsidizing of a middle class started in the oddest of places. 2020. After the massive destruction of the middle class, and abject proof of how disastrous to the working class subsidizing corporate America is, absolutely squeezing everyone making less than $300k/yr, by the numbers, it was that old man’s admin that tried to shift back on the disaster. Infrastructure, junk fees, internet as an essential utility, student loan forgiveness, etc
The breadth of the problem cannot be fixed in 4 yrs. Or even 8 yrs. Consider how long it took from the 80s to truly feel the oppressive shift of the subsidy change. (I’m old. I mark ~2012-2014 when things started to feel squeezed.)
Also note that you can’t mention Reagan or trickle down economics in this or you lose people.