For there to be a king there must be peasants. Peasants aren't defined by their wealth but by their belief that others should rule them.
Generally speaking peasants believe as they do either because they have been taught since birth that the King is better than they are or because without the King they feel they would not survive in a dangerous world. While America was founded by the antithesis of peasants, liberals have been working to reestablish the peasant class because liberals view themselves as the modern nobility; wiser, kinder, more knowing than the folk in flyover country and obligated by their superiority to rule over others. We see this when Obama complains about having to deal with Congress, even a Congress run by his own party, or when Obama says he's envious of how the Chinese leader rules China.
The DNA of Americans is such that any attempt to produce a peasant class by convincing folks that liberals are superior to the average Joe or Jane is doomed to failure. As a result, liberals have taken the second path -- frighten the people to the extent that they feel the government is the only source of safety. The liberal social experiment began with Obama's icon FDR. Like Obama, FDR inherited a very bad economy, and like Obama FDR made the situation worse through poorly-formulated government plans. But both men realized that the more that people depended on the government for their daily bread, the more power the government could wield.