We have more private equity funds than McDonalds, looking to do this kind of extraction everywhere, because we have huge wealth inequality and therefor those at the top needing to park more money in more places. Then end goal is modern feudalism, with the top owning everything and extracting more and more from every single transaction/event in a person's life.
We can't fix competence when we have one political party working to make the government incompetent so that they can leverage that to tear down government. They have internal politicides such as 'starve the beast', all with the goal to make American government unable to function.