It has been talked about for years, and you're seeing it happen now in real time.
Nations are not businesses, simple as that. You can't effectively run a nation of hundreds of millions like it were Amazon, trying to squeeze as much as possible for as little money from workers (us) to raise the stock price so executives (not us, in case that wasn't clear) can get fat bonuses. Have you ever worked for any sort of large corporation? It sucks, why would you want that translated into your daily life?
Corporations are incentivized these days to think of short-term growth over long term, just to make next quarter's balance sheet look good over sustainable growth. For example, laying off a few thousand workers to bring down costs on paper for the next earnings call, who gives a damn if it stunts growth and makes running day-to-day operations more difficult? The CEO's just going to be gone in a few years, it'll be the next guy's problem. Life sucks if you're a worker though, you either look for a new job or things become a lot harder for you. Can't really look for a new country though, you're just stuck with ineffective public services and gutted safety nets. How's the FAA and those weather alerts doing these days? Get ready for those millions to get kicked off of Medicaid now that the retard bill passed, that has a real effect on society beyond just numbers on a spreadsheet.
They don't even need to innovate anymore, big companies just buy smaller companies that do and take their products. R&D costs money and time after all, can't have any long-term thinking like that. Now let's apply that to a nation. Your top scientists are courted by other nations, and as years go by we start to fall behind. We can't catch up after that, we are permanently eclipsed. Boeing and Intel used to be top companies at the peak of their fields, how are they doing now, then retarded "smart business people" come in, push out the people that actually do the hard work, and you're left with shit. Fucking private equity hacks deserve to be shot in the street.
But at the end of the day, "smart business people" are fucking retarded. Most don't know much of anything outside of their niche, and the ones that pretend otherwise cause more harm than good. Look at Jobs, dumbass tried to cure cancer with fruit because he knew better than the doctors. Hell, a lot of them are where they are because of nepotism as well. But across the board their most valuable skill in that line of work is being a sociopath, not good for a citizenry when you have that as the President.
In conclusion, fuck them.