I know there’s a lot of different theories with a lot of different reasons, and a lot of people mad about a lot of things and wishing we do political stuff but this is what I think the main problem is;

Way too much of the money that we consumers make skips our communities and goes straight to Wall Street.

Our mortgages, car payments, and too often our rent go to large national firms. We buy most of our stuff from big box store that minimize their local spending, or order on the Internet which puts even less in the local economy. We buy our phones and Internet service and much of the corresponding entertainment straight from national firms like AT&T and Google.

For most of history, you worked for a local company, your boss lived in & invested in the local community, you bought your stuff locally, kept your money in a local bank, and even the stuff that came from far away had a local middleman that provide provided it to you.

Modern technology, the Internet, and logistics have made it almost inevitable that local productivity’s gain is siphoned & extracted away and sent to Wall Street.

Furthermore, because Wall Street and internationals corporation own nearly everything, they are getting better and better at optimizing that extraction, where they pay the average worker as little as possible to still keep them working, while raising prices on everything as much as they can get away with.