Industry exploits politicians to warp industry in their favor. Politicians exploit industry's willingness to fund campaigns, or PR around the politician and the issue.

There are no organic overreactions or misunderstandings by anyone. Although the politicians are fine if you "see through" them and conclude that, since that would be much less cynical than the reality.

Everyone involved knows this isn't doing any good. Studiously appearing to not know or not care, regarding their own legislation, demonstrates they know.