Good leadership would be nice, but the last sixty years has shown us that most are more than willing to double down on losing bets until there is nothing left to bet with.
The real problem is that there is never an accounting involving performance or cost, there is no yardstick and no penalty for abject failure.
Before you all break out the tinfoil, try to imagine exactly what we hoped to gain in the first place. What are the real motives, what are the goals, how do we measure performance?