Bureaucracy does moderate the effects of political leaders in exactly the ways the markets expected. It's extreme to ascribe a "worldview," no less a "naive" one, and it's a failure to appreciate context that you'd cite Bill Moyers' usage of the term when most people here know we're talking about Breitbart's usage. They each describe very different processes, institutional actors, etc., and yes, Breitbart's usage is often coterminous with the administrative state. Bureaucracy.
You're right - I was responding to an imagined position in an unrelated / irrelevant political context, whereas a more careful reading makes it clear what we're discussing here is the moderating effects of bureaucracy.
My apologies for adding noise instead of considering contributions more carefully!
Dismissing it as a thing and calling it plain ole bureaucracy is quite a naive worldview.