Some people claim that the mere presence of two complete morons as president and vice-president is proof that the country is, in fact, now ruled by a shadow oligarchy.
Others, with some justification, think that that the country is ruled by kakistocracy, a system of government run by the “worst” people, meaning the least qualified and/or most unscrupulous citizens. You’ll note that there need not be any contradiction between the two terms.
At Infogalactic, the section about the etymology of kakistocracy has some interesting comments.
The word is derived from two Greek words, kakistos (worst) and kratos (rule), with a literal meaning of government by the worst people.
The word is a conscious antithesis to the classic political term aristocracy, an ancient Greek word meaning the rule of the “best” (Greek aristos) – in contrast to democracy (rule of all the registered citizenry), oligarchy (rule of the few), monarchy (rule of one) and ochlocracy (rule of the mob). [...]
A kakistocracy hallmarks a civilization in decline and in addition to corrupt and venal leaders public morals may also degrade. Spiritual corruption may be a related stage in the collapse of civilizations.