If the obscenely wealthy benefit most from having Republicans in power; and collectively they have disproportionate control over the economy; wouldn't they use that power to sabotage Democrats?
I think that's only a consensus among people who don't understand the economy very well. The truth is politicians have very little control over the economy particularly in the short term. At most politics is able to nudge the economy very slightly like the rudder on a massive ship that takes years to turn.
Course there are some things you can do. Tariffs is an obvious one, completely bungling a global pandemic is probably another, etc..
Either sabotage Democrats or make them pursue more right wing policies, which is why there was so much Reagan praise at the DNC when every dem voter under 40 hates his guts.
The obscenely wealthy donate to both parties. Both parties protect the interests of the wealthy.
Hell, there have been two Democratic administrations that had total congressional control over the last sixteen years. The minimum wage is still seven bucks an hour.
Uhm. They control the price of things. They control wages. They control different markets, like the housing market. They control land development and energy. You know, things the economy relies on.