- Much of the spending they're eliminating is good and important (E.g. USAID).
- The way they're cutting is reckless (They accidentally fired nuclear safety workers).
- Many of the workers are Musk sycophants, who were hired from Twitter/Tesla/SpaceX.
- There's a tremendous conflict of interest in this agency being run by a massive government contractor (NASA and the military are both avid SpaceX customers).
- The workers are not experienced with the data they're working with, and misinterpret it constantly in public before verifying it.
- Despite claims of "transparency", Musk asserted that it was illegal to publish the names of his employees.
- Their one product, their government spending portal, is a worse version of a spending portal which already exists, and they didn't even secure their database.
- They say they "use AI" for their decisions. Which AI? Where is confidential data going?
- Do the staff have security clearance?
The country prints its own money; and right now it's the world reserve currency, giving the US a huge advantage when it comes to borrowing whatever it wants — the biggest threat to continuing to be the world reserve currency right now, is that the scale of cuts being talked about can only be met by cutting at least one of interest payments on government loans or things the US government considers to be "mandatory" such as pensions, social security, etc.
The govt can debase the currency by printing money. That only impoverishes people , except for the wealthy, causing greater wealth gap.
Only if your economy doesn't grow.
> The govt can debase the currency by printing money. That only impoverishes people , except for the wealthy, causing greater wealth gap.
It impoverishes lenders and savers, but not borrowers. It's not as simple as wealthy or poor, as any can be any.
You can afford it, it's fairly close to a neutral thing, for a government to have debt.
Right now, the US gets to set the terms for those loans.
> How is cutting costs a bad thing?
Consider weight as an analogy: Most people can do with loosing weight, losing weight by getting enthusiastic amateurs to perform a quadruple amputation is not advisable.
Musk's target can only be met by deleting your entire armed forces.
And then you have to find another $1.2 trillion.
So the military and the entire CIA, FBI, NSA, DHS, NASA, Federal Highway Administration, FAA, the Department of Agriculture, the Department of Commerce, Department of Justice, the Treasury, …
… all that plus the military still doesn't add up to Musk's target.
Unless you want to cut stuff that's considered "mandatory" (like military pensions), or the interest repayments on the very loans you wish you didn't have.
Third point is opinion, at best.
Forth point; couldn't this be said about any politician?
Fifth point; So you're saying that no outside group is capable of auditing.
I'll stop there. You've drank the koolaid.
I mean, we could also do your plan and just hand off essentially dictatorial power over spending to the richest man in the country.
You do not throw out the baby with the bath water.
Everyone is impacted by the fact that money-printer-fueled government spending crowds out private spending / investment / growth.
It’s Congress’s role to allocate funds to certain purposes, and the President’s to “take Care that the Laws be faithfully executed,” including overseeing the bureaucracy that implements them.
The President already has dictatorial power over the bureaucracy, as per the Constitution.
Unless you extend it to that, in which case why have courts? Its not like they have enforcement power and the president can stretch discretion to the limit.
Again, DOGE operates from the premise that the federal government is bloated. Although this is a very popular message, I'd love to see some more objective data to support this and I doubt that CDC or USAID are the agencies where the bloat is. Like I said, their actions seem vindictive and careless. Also, likely to result in legal cases that will drag for years and end up costing taxpayer more than the supposed savings.
The main con is that once you fire the workers that you thought you didn't need (but that you did indeed need) hiring them back becomes more expensive and a lengthy process. Some of the firings are already causing chaos in vital teams among several agencies and have forced DOGE to try to reverse course (bird flu monitoring, nuclear response...).
And that's not to mention the dire situation you put the people you are firing in. Laying off people from their jobs is never "an experiment" unless you are willing to suspend every trace of empathy.
Note that DOGE fired, and is struggling to rehire, the team whose job was to mainain America's nuclear arsenal.
Also note that the stated goal of DOGE, $2T, exceeds the entire discretionary budget of the federal government, even though half the discretionary budget is your entire active military.
Even treating $2T as a stretch goal, eliminating literally everything but the military from the discretionary budget doesn't reach the lower $1T that Musk says he has a "good shot" at.
Cuts on this scale directly, all by themselves, even aside from all the other economic diasters that America expressly chose to vote for as a package deal with this, will shrink the US economy about 6%.
All the hysteria over this is just partisan politics as usual.
stop falling for branding and actually concentrate on the numbers: spending is going up, not down, and only touching entitlement programs, the military, or offsetting monetary loosening (via debt interest) will change that.
Only announce things your opponents do or even lie about it and spread the hate.
I'm 100% sure he won't direct the subsidies during COVID-19 for the hospitality sector, which Trump was quite happy about during his reign.
Or the expensive hotel stays for his security at trump hotels :)
Forcing the government to spend money has always been the infinite money glitch.
On one side you have healthcare and pharma companies making sure everything is excessively overpriced, then they lobby the government to make sure everyone has government sponsored healthcare, i.e.: turn all tax revenue into healthcare revenue. Then they pay the media to convince everyone that it is their moral obligation to subsidize $1000000 insulin while making it a taboo to ask why healthcare is so expensive.
On another side you have mass incarceration where each inmate costs more per night than a 5 star hotel.
On another side you have nonsense conflicts where the weapon of choice are thousands of single use weapons that cost at least 100,000 each. Or to simply leave it behind for the enemy so then it has to be repurchased.
On another side you have tax loopholes of billions of dollars.
Everyone is stealing. Did you pay 30% tax and then sales tax on everything you bought with your income? Is your effective tax rate around 50%? then you worked 6 months for the government so they can take that 6 months of your life and turn it into a dumb single use weapon to destroy a $1 tent.
- healthcare and pharma is overpriced because of information frictions, institutional supply constraints (this mostly means strict immigration controls), and people just really want healthcare relative to other wants! See: https://www.reddit.com/r/badeconomics/comments/1gsezga/comme...
also biden made insulin capped at a price so.
- mass incarceration is a SUPER populist thing! How many times do we hear "we need to be tough on crime"? This sure seems like the voters behind it, it's not like people are clamoring for shorter sentences.
- Indeed, our military is expensive partially because we require domestic production and have to pay really high domestic costs, and partially because the way the US fights war places a SUPER high value on human life. Desert storm was both expensive and only resulted in ~200 coalition deaths to take down the world's 4th largest military, whereas Russia has made it not very far into ukraine and taken over 200k deaths (and it hasn't even been substantially cheaper to boot, just a bit cheaper).
- The tax loopholes exist and are bad, although I challenge you to give me specific loopholes that cost high billions and should obviously be repealed in a way that both constituents are clamoring for and the representatives don't actually do. I don't think they exist.
You know what does actually degrade the fiber of the country? The richest person in the world taking personal control over every payment and arbitrarily destroying institutional knowledge by firing every government employee he has control over or who stands up to him. But no, instead we get "he's saving money" when (see the earlier comment from me) we're not even making outlays go down! A script kiddie who randomly rewrites lines into bad assembly while destroying the build system isn't a perf eng, they're a danger.
The conflicts in the middle east costed trillions of dollars and there is absolutely nothing to show for it.
Quantitative easing costed trillions of dollars, most of the people responsible for causing the crisis got a big pay day from it.
If someome became "the richest person" probably you can learn something from that person. Without SpaceX, the US would have to use Russian rockets to put stuff in space because NASA shuttles were retired. Is that something you would like more?
The US is at the verge of bankruptcy and it is not because of $400m in trucks.
And it is not a Democrat or Republican issue, as I said, everyone is getting rich at the expense of the taxpayer, even taxpayers that haven't even been born yet are in debt already thanks to a wasteful mentality.
There are many criticisms founded in genuine conflict of. interest, it helps everyone to stick to those.
Here is just one headline from today, The Elon Musk-led Department of Government Efficiency (DOGE) on Monday revealed its finding that $4.7 trillion in disbursements by the US Treasury are "almost impossible" to trace, thanks to a rampant disregard for the basic accounting practice of using of tracking codes when dishing out money.
I am not "insinuating" but saying that I would like to know where my money goes. If you pay taxes, would not you?
And you believe them?
This is a department that fired multiple different nuclear weapons inspector and maintenance teams without knowing what their job was.
Had to re-hire them. They weren't redundant teams. DOGE just didn't understand what they (or the teams) were doing.
Now, I'm very happy for the US nuclear stockpile to shrink. I sure think you have too many of them. But then, I'm foreign and a hippy, so I would. But (1) do you?, and (2) do you want it to shrink by some of them accidentally exploding? Or being relocated by a hostile power taking advantage of the inspectors all being on early retirement?
Relocated where and by whom? Just curious.
As I'm asking you if you want this done, take your pick.
Loss of oversight made a bunch of USSR suitcase nukes, ~100 or so, go walkabout when they collapsed. Russia denies this, of course. They might be fine, or not, nobody (in public) really knows. Probably not a huge risk without maintenance, if you nick it but don't know what it is you might scrap it for parts and mistake the core for tungsten or lead, but… not great, unless it was existing nuclear powers who took them.
And even then, not great for Russia.
Here's the first US government report I found on it with all of the entirely negligible effort I am willing to entertain: https://commdocs.house.gov/committees/security/has078010.000...
Perhaps he was drunk, or lying, or just plain unable to find the people who knew which cupboard the devices were safely locked in. But he did make those claims. And you are missing the wood for the trees.
Not to mention that most of your sources to support your points are from far left MSM sources.
Your reasoning is exactly why there is so much support for Elon Musk. You probably made more Elon Musk fans just by your post.
Most people seem to believe the government is broken and MSM is a huge reason for this.
Is it because Fox News, the most influential channel of the so-called MSM, constantly repeats conservative talking points about the alleged inefficiencies of the government and downplaying the government's important work in protecting citizens?
Americans will soon get to experience what a real broken government is like, and I hope it provides them an education.
It's all vibes, the deficit could double and the vibes would stay the same, he could be dictator and the vibes would never change.
No good will come from of denying progress just because you don’t like someone else is opinions and worldviews.
Oh yes, far better to give to alt-man, google or Facebook - those are morally responsible companies!
Saying we need to be skeptical about OpenAI (haha Open) does not mean we support Musk.