David Sanger Doesn't Understand Capitalism

I was first made aware of David Sanger because of the Biden beach party he attended with Marc Ambinder. His column on June 17 managed to

Along the way, he will have to avoid painting with such a broad brush that foreign and domestic investors come to view the United States as a too risky place to do business, a country where big mistakes can lead to vilification and, perhaps, bankruptcy.

What Sanger is condemning here is... capitalism. Big mistakes leading to bankruptcy? That's exactly what happens in a competitive marketplace. It's the creative destruction that fuels a capitalist society.