St Ronnie and his team, how many were boomers?, started the ball rolling, from tax-and-spend converted (cutting taxes) borrow-and-spend, busting the unions to suppress salaries, household income essentially flat for 35 years, deregulating finance (yielding eg S&L crimes and disaster), cutting capital gains so executive compensation switched from salary to stock, which motivated the mgmt to push the stock price up at any cost, like pilfering/underfunding pension funds and firing 100Ks of employees.