Why hasn't a Labor or other Working Class political party formed in the USA?

It seems as though the Republican party looks after the interests of the rich and the Democratic Party looks after the interest of the educated middle class, but the working people are under-represented. Both existing parties pay lip service to the working class during elections but either abandon the causes of... show more It seems as though the Republican party looks after the interests of the rich and the Democratic Party looks after the interest of the educated middle class, but the working people are under-represented. Both existing parties pay lip service to the working class during elections but either abandon the causes of the workers once elected or even worse work against their interests.

What do you think?
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