I've been following Gary's Economics for a while. It gets to the bottom of a lot that's just not addressed in the usual choice between the same policies from Red or Blue.
This video describing what he calls the "squeeze out" is absolutely on-point.
Take 28mins (play it fast if you have to).
Ask yourself if it doesn't track what you've seen happening in your country.
https://www.youtube.com/embed/pUKaB4P5Qns?playsinline=1