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Because the Reagan administration the Republicans have instituted and protected an economic theory they've long believed in -- a concept that led to the vast wealth and revenue inequality of the 1920's, and led on to the nice Depression. The idea is that what's good for the rich and the firms is sweet for all Individuals -- and that when the wealth and revenue will increase for the wealthy, some of it can trickle all the way down to the rest of America. That economic idea is commonly called the "Trickle-Down" idea. This idea dictates that labor unions should be weakened, that the minimal wage ought to be kept low (or abolished), that firms should get huge subsidies from authorities and be allowed to export jobs to low-wage international locations, that Wall Street and the giant financial establishments ought to be deregulated, and that authorities social applications must be drastically cut (or eradicated). That theory has once once more led to a huge hole in wealth and revenue between the rich and the remainder of America, and that gap is still growing.
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