Is this really an Economics thread? More like Politics...
You have summarized the fault immediately, politics has eclipsed economics and now we cannot easily separate the two as there is so much interference and obstruction. It might be worse still in some countries but its unfortunate that it would also be true in USA that political favor wins success so often.
Positive or not I dont see a great advance globally will come from a person coming into office in one country, I wouldnt deny the significance in this time frame but I just think BTC is bigger then that game of musical chairs.