Don’t give the buffoon too much credit, as a lot of these weaknesses were engineered starting around Reagan (with Carter and Nixon also shouldering some, but far less overall, blame). Neoliberalism and its “invisible hand of the free market” alliance with Laissez-Faire Capitalism all but ensured the demise of institutions and social safety nets in the name of maximum profit for the moneyed classes. We built a Golden Age atop the New Deal, and Capital threw it all away to return to the 20s, violent strikebreaking and all.

I see this argument of "oh it's been happening for a long time" getting thrown around a lot, and it feels like a really non-good-faith point of view that seems to ignore the administration directly targeting these institutions for destruction.

Yes, poor management is a big problem that could be seen as an intentional structural issue, but this is a totally different ball game that's being played right now.