He's exercising (or attempting to exercise) much more executive power than prior Presidents. Even if he has dementia (and I doubt he does) then whoever gives him papers to sign clearly has no intent to minimize the amount of damage he could do.
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It makes sense if you assume that "damage" refers to damage to the fascist takeover of America. Trump can do bullshit cultural war stuff while the competent fascists undermine American democracy.
I bet he didn't even sign his own executive orders.
Remember about 3 weeks ago that Trump was claiming all of Biden's pardons were invalid because of use of an autopen?
I'm pretty sure that was just projection because Trump hasn't been signing his own executive orders, and since I'm already speculating, I'm going to bet he didn't write or read them either.
Even though it’s usually true that with the GOP “every accusation is a confession”, I doubt it’s true here. Did he write the EOs? Definitely not. Did he read them? Almost assuredly no. He definitely signs them, though. He’s a narcissist with a big sharpie. He loves that shit. Probably his favorite part of the job.
There's a clip I'm too tired to find right now but someone puts an EO on the desk in front of him and he says "oooh, what's this one?", like it's a slice of birthday cake he's trying, and he's already signing before anyone even starts to tell him what it is.
In his 2nd term, Nancy gave Ronald Reagan jellybeans so they could dub the voiceovers in the oval office. So, they've done it before!
I agree with your ultimate assessment, but Trump doesn't sound noticeably worse or more forgetful than he did 4 or 8 years ago, so I think it's less dementia or whatever and more just 'don't let him touch anything important because he will break it, co-opt it, or otherwise fuck it up.'