Earlier quoted context omitted.
Because both parties are owned by oligarchs who would lose money if that happened. Minimum wage hikes chew through profits and profits are pretty much the #1 legislative priority because that's the primary concern of those doing the campaign financing. Same reason gun control wont happen no matter how many people get killed - ultimately its because gun manufacturers would lose money. American politics is the art of t…
The biggest gun manufacturer you can buy stock in is Ruger (RGR) with a market cap of 1.17B. Add Smith & Wesson and you're at 2B. Throw in Vista Outdoors which owns many of the top US ammo brands (plus some minor firearm and accessory brands) and you can get the total up to 4.3B. I'll multiply that by 10 to guesstimate privately held companies, local gun stores, and the rest of the long tail. So let's say we're at $4…
Not when a Constitutional Amendment makes that industry "too big to fail" because its thesis on the necessity of the right to keep and bear arms depends on there being an industry manufacturing arms to begin with (at least at modern scale,) and when the industry overwhelmingly supports one political party, driving animosity with fear-based rhetoric against the other.
You just don't have the same intersection of identity politics, culture and even religion with any other industry in the US that you do with guns, even if the money spent elsewhere is greater.