Completely disagree. Bloom and Beane have both shown they can field winning teams with small budgets. They just can't win the WS.
But guess what? The Yankees have won 27 WS, but, despite continuing to spend huge amounts for salaries, have won only 1 in the last 20 years, which is just 1 more than the A's, the Rays, the Jays, the Orioles, the Guardians, the Tigers, the Twins, the Mariners, the Rangers, the Mets, the Braves, the Marlins, the Rockies, the Padres, the Pirates, the Reds, and the Brewers.