Never ascribe to malice that which is adequately explained by incompetence.
Or
Never ascribe to incompetence that which is adequately explained by malice .
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Both
The investors are experts in chopping up a company, cutting costs and selling it off. They are as smart as our students when it comes to making changes that actually work for the staff, students and the company long term. Let’s not get it confused.
You nailed it. This is the big game played at the highest levels of government and business.
They feign incompetence, when in reality they are just evil, malicious.
The peons buy it because the peons are ignorant and stupid, and want to believe they're smarter than the Execs, who apparently don't even know the first thing about running a company. Well, you can believe that if you want, and the Execs would like you to believe that, but it isn't true.