In the - still worth reading - excellent dissection of US politics "Parliament of Whores" the sadly much missed P.J.O'Rourke looks at bits of government.
As he was writing the book there was a national panic over some cars seemingly "going rogue" and accelerating into walls etc. A federal agency was put onto the problem. Whereupon our fearless reporter popped to a test facility and spoke to an engineer.
It transpired the engineer was a real petrol head (O'Rourke was also a motoring journalist) and lived and breathed cars. When he was asked why he hadn't setup his own repair shop etc, he replied "Because this pays better".
P.J.'s reaction to that was anger that it was better to work for the government on taxes, than work outside the government paying taxes.
If you extrapolate from that anecdote, you should see the problem.
In another thread I commented that we have reached a point where there isn't enough money in the world to satisfy our super rich any more (if there ever was). They are now consciously and openly stealing from the future. In 50 years time, our great grandkids will be paying part of their earnings into debts created today by Musk and his Merrie Men.