My students know I have a long history of pointing out that business leaders do not usually “get economics”.
Whether we like it or not, most of the the world’s decisions are decentralized and based on the price mechanism (although you’ve got to remember to include the non-monetary parts of prices).
This is not the millieu of business leaders: they are all about centralization and comamnd and control decision-making.
Many, many people are in for a rude awakening.
But, even so, electing senators to executive office isn’t exactly a recipe for success. So, an improvement is possible.