I guess for the same reason they stopped Classic with Tiger, PPC support with Leopard, and 32-bit support with Mojave, to incentivise developers and users to update their software and hardware to newer standards. After enabling a 'transition', but with the understanding that it will be temporary and eventually you'll have to upgrade.
Which is frustrating but as a company selling both hardware and software, I get to be honest. Otherwise you are stuck ensuring compatibility with much older hardware for a long time - that's clearly what Windows does, and they are still selling 32-bit versions of their OS!
(Of course there is nothing to stop people from simply not upgrading their machines, or virtualising/emulating like I've done above).
However my little exercise does show that an 8-year old Mac Mini can run OSX PPC apps (assuming no compatibility issues with emulation of course) much faster than any PPC ever could, at a tiny fraction of the footprint and energy consumption. Basically to show that most of us here are just having fun with our PPC machines, and if we actually had a need to run PPC software there are better ways of doing it
I wonder how long Rosetta 2 under ARM will be supported for!