Because of regulatory capture. The interests of the largest companies align with a government that over regulates and over taxes. It punishes their less sophist

Because of regulatory capture. The interests of the largest companies align with a government that over regulates and over taxes. It punishes their less sophisticated, smaller competition that can’t cope with the regulation and supply chain disruption. Meanwhile billionaires can call up Trump, flatter him, and ask for exceptions to policies. It’s good for them in the near term and absolutely sucks for the competiveness of the US economy longer term