My general experience is that people who've actual self-built an empire (ex. Bezos) are actually very aware of history + cause and effect. While the guy that needs to work overtime to afford groceries and gas is more likely to claim the government needs to get out of their medicaid.
So, Bezos et al should be extremely aware that the great depression was followed by a massive expansion of government under FDR. Even under Biden there are a lot of claims of a recesssion and the under Trump the USG is trying to cut exports (~11% of GDP) and USG spending (~25% of GDP). Like how are they not going to trigger a depression when going after 30% of the economy? Do they figure they have the government all locked up?
There are a couple of things that human’s in general are bad at, and intuition is unhelpful, even if you are otherwise an intelligent, learned person. Two I see pop up a lot are Statistics and Systems Thinking. In particular with Systems Thinking, people tend to assume that things that have a simple clear relationship at the scale they operate in, will have the same effect when applied at the scale of the system as a whole. Which is quite often not the case.
People can't predict in advance who will win a U.S. Preidential election with any accuracy but you are presuming people like Bezos are working from a long term master plan? He's probably improvising like everyone else.
My general experience is that people who've actual self-built an empire (ex. Bezos) are actually very aware of history + cause and effect. While the guy that needs to work overtime to afford groceries and gas is more likely to claim the government needs to get out of their medicaid.
So, Bezos et al should be extremely aware that the great depression was followed by a massive expansion of government under FDR. Even under Biden there are a lot of claims of a recesssion and the under Trump the USG is trying to cut exports (~11% of GDP) and USG spending (~25% of GDP). Like how are they not going to trigger a depression when going after 30% of the economy? Do they figure they have the government all locked up?