Centrist Democrats these days are just Reaganites. That is the problem with the Democratic Party. The Oligarchs control both parties, if not directly, certainly Ideologically. The Republicans act as the Bad Cop, while the Democrats act as the Good Cop. Regardless how the Electorate votes, the Oligarchs will always benefit, everyone else will stagnate, unless the Oligarchs choose to share some of their Wealth. Occasionally, some Billionaire will piss down a portion of their Wealth onto the admiring Masses. Usually as part of some Pet Project of their own interest. That won't address the problem growing on the Street though. The solutions range from Gentle and Easy to Violent and Deadly.
The people on the Street have been utterly silenced from having any meaningful input into how the System works. Their Unions have been Busted, their Politicians are owned by the Oligarchs, and they live in an Economy that can utterly destroy them with a simple mishap. One way to give the People their voice back is for the Democratic Party to return back to advocating for the Working Masses, helping them achieve financial security and even a sense of prosperity.