Elon Musk's D.O.G.E could crash the US economy

[Yo_Mama_Been_Loggin]

The goal is to slash $2 trillion from federal spending. That’s nearly the size of the US government’s projected 2024 deficit. But here’s the thing, this project might not just fail — it could crash the entire US economy.

The pipe dream
D.O.G.E isn’t even a real government department. It’s an advisory group. It can’t implement anything without Congress or Trump signing off. But Elon’s name carries weight. His involvement alone has turned this into more than a theoretical exercise.

The plans are aggressive: massive layoffs, dissolving agencies, and gutting regulations. While Trump and his allies are cheering it on, skeptics are sounding alarms about the possible fallout.

Elon and Vivek are eyeing a government workforce reduction of up to 75%. Three-quarters of federal employees could be shown the door if D.O.G.E’s vision is realized.

https://www.msn.com/en-us/money/markets/elon-musk-s-d-o-g-e-could-crash-the-us-economy/ar-AA1wrwuJ

Less regulation because of fewer employees to enforce regulations. Plus, once the economy crashes the Muskrat can buy everything on the cheap.

[Think. Again.]

1. That's the plan, anyway.

[no_hypocrisy]

2. How much weight would negative opinions from the Treasury Department

and the Congressional Budget Office carry to frustrate this proposal?

As for the 75% reduction of federal workers, I think I understand how it's going to be done.
1. Trump "demands" that all federal workers return to "the office".
2. Then Trump moves their offices far away from where they work, e.g., from D.C. to Wyoming.
3. Workers don't want to uproot their families and move far away from where they're living.
4. Trump fires them for not moving.

[CousinIT]

3. Not "could". That is the INTENT. n/t

[sop]

4. Disaster Capitalism is very profitable.

Musk's DOGE plan: privatization of government services, deregulation of the financial sector, and forced austerity measures resulting in deep cuts to social spending, all to pay for tax cuts that will benefit wealthy folks like him. The only government budgets to be increased will be policing and the military, to keep the restless rabble under control at home and abroad.

[kimbutgar]

5. He wants to replace it with his doge coin.