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this post was submitted on 03 Jun 2024
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I see what you're saying. Although I think it's a mistake to think that CEOs aren't usually good at their jobs; it's more that their jobs are to generate short-term returns for shareholders, not to keep the company healthy long term. A lot of what we see as incompetence or short-sightedness is them doing what they're really paid to do. You can say similar things about Congress.