This reminds me of a company I worked for recently, that, at the yearly meeting talking about the financial situation were all depressed as if we were broke since the profit (and revenue) was slightly less than last year, which was significantly higher than any other year in history with the year prior also being a record. This was essentially when the interest rates jumped after covid and businesses had to adapt so I'm sure it would have been another record if the economy in general wasn't doing worse that year.
Of course, they want to keep people from asking for raises and bonuses, but I found it very weird to see them act worried with the profit/revenue graphs at a crazy peak still.
I strongly agree. There's even the argument to be made that if no legislation exists, even if you're anti X, you might get incentivized to build a company for X just so it's not a fan of X at the helm of the top company for X.
Blaming it on the employees is pointless. It's the law that should dictate what's allowed and what isn't and if the lawmaking or enforcement isn't working you probably want some "good" people in those companies.