The democrats, at least since the 70's have always represented urban populations and the "new money" AKA wall St and now IT, while the republicans pandered to the "old money" (oil,...) and more rural, or traditional areas.
Both parties work for different kind of billionaires. For instance, most of the problems that led to the 2008 housing crisis were the direct consequence of Bill Clinton's policies when it comes to deregulating Wall St, so it was a bit funny to hear all these democrats trying to look tough on bankers when they were directly responsible for the situation as legislators. But that's the game, that's politics.
Both parties work for different kind of billionaires. For instance, most of the problems that led to the 2008 housing crisis were the direct consequence of Bill Clinton's policies when it comes to deregulating Wall St, so it was a bit funny to hear all these democrats trying to look tough on bankers when they were directly responsible for the situation as legislators. But that's the game, that's politics.