Here is a new word for your consideration and use. I wish I could claim authorship, but I cannot, because I acquired the word from a longtime friend who resides in Jackson Hole, WY and Hilton Head, SC.
Ineptocracy (in-ep-toc`-ra-cy) – a system of government where the least capable to lead are elected by the least capable of producing, and where the members of society least likely to sustain themselves are rewarded with goods and services paid for by the confiscated wealth of a diminishing number of producers.”
For those of you who study history you will remember that Thomas Jefferson warned against this form of government and even the ancient Greek scholars spoke of this problem. When will we ever learn from the mistakes of the past? Tragically we have nobody to blame, but ourselves.