Why does it seem like everyone in places of leadership suck as being leaders!

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Nepotism.

That’s a real problem

Because ordinary people like being lied to and deserve those "leaders"

Because it's mainly characeristics like ability to self-promote and narcissism that get people into these positions?

BC they've sucked all the way up

Allow me to introduce you to the Peter Principle.

https://en.m.wikipedia.org/wiki/Peter_principle

This exactly.