“When you peel back the layers of whimsical, gauzy tech-bro speak, their ideas can be boiled down to one principle: massive cuts to federal programs that, when deployed elsewhere, have caused calamity.”
TL;DR—Massive inflation and horrendous unemployment that cannot be fixed by tariffs or any other “magic words.”
The problem? Musk and Ramaswamy do NOT understand the complexities of government. They think of it as a business (it is not) and that you can apply (cont)
https://www.msnbc.com/the-reidout/reidout-blog/musk-ramaswamy-austerity-doge-rcna181228
… business practices to government (you cannot because it isn’t a business, duh).
Also, just because you have cred in a bank does NOT mean you understand how systems work—Musk HIRES people because he is too stupid to be an engineer (he really doesn’t understand it). Ramaswamy THINKS good idea will save America then has STUPID ways to implement them (how do you transition 2.1 million people to the private sector? Who hires NRC regulators? Some jobs CAN NOT transfer).
Being a CEO… (cont)
Doesn’t mean you are smart, and in this case these people are not, it just means you failed upwards. I’ve known many CEOs in my life and I can name only a few that were cognizant about how they got there. The rest thought it was some innate ability (which they constantly proved they did not possess).
Musk and Ramaswamy will be startled at how a 2.1 million people losing their jobs will trash unemployment numbers—because, well, unemployment is calculated by people not having jobs.
You cannot make money killing the system that oversees the system. What you will get is massive inflation, massive unemployment and massive debt. Think Greece or Argentina without the happy ending.
Greece’s unemployment is STILL over 10% and it’s been a decade.
These people are too damn dumb to understand what they are proposing. Margaret Thatcher trashed her country. Reagan turned the US from a creditor country to a debtor country.
Musk thinks he can solve our problem with austerity.
You. Can. Not.
In fact, you will EXACERBATE it. Trump wants massive tax cuts. At the same time, Musk is talking about massive firings. A massive number of people who will no longer be able to buy THINGS. Which means more people lose their jobs. Secondary, tertiary jobs will be lost. This isn’t me talking out of my butt, this is basic economics. Economists have been writing about this before any of you were born.
These people are too stupid to understand they are talking economic extinction.
This is dumb to the power of googol (1 followed by 100 zeros, not the search engine).
I’m not being alarmist I’m stating a fact: you do not get growth by putting 2.1 million people out of a job. That’s slightly less than the jobs lost by Trump over four years.
Now, how would Trump do this?
“Their group plans to install legal experts… to review regulations before presenting a list of rules for Trump to consider halting through executive action...”
Small problem… it’s illegal.
“The key to the plan is something called Schedule F, which the Trump administration created out of thin air in an executive order published on Oct. 21, 2020”
Trump wants to do things through executive order. He wants to bypass laws and Congress and the whole kit and caboodle. But that isn’t how the Presidency works. The President is not a king.
So unless we want to eliminate our Constitution altogether, he has a big problem.
@feloneouscat they’re probably certain that they’ll gladly go out and harvest produce when our neighbors and friends get imprisoned and deported. 😞
@feloneouscat today he learned the hard way that he is not a king , with the withdrawal of Matt Gaetz he realized that if he wants a successful presidency he has to follow the rules , today he realized he is not as powerful as he thought and as he made everyone believe.
hmmmmm... remember, 
is a Raging Malignant Narcissist,, not a normal human who learns from mistakes.
he will errupt and quadruple down on all his other Misfit Clowns with MAJOR THREATS should any one of them face ANY OPPOSITION to their appointment.
imho
.
https://www.theguardian.com/us-news/2024/nov/21/matt-gaetz-withdraws-ag-nomination
@QueenOfEverything @feloneouscat excellent article !! Thanks !! Today Trump saw that he is not as strong as he thought, it is not going to be easy but he is in a much weaker position today .
yes, of course... i have every confidence in you.
none in him.
however, if doesn't have a MAJOR TEMPER TANTRUM tomorrow and do something REALLY STUPID to try and prove "There Can Be Only One"... I will whole heartedly approve that he has accepted that he's in a MUCH WEAKER POSITION.
HAPPY #FelineFriday !
@feloneouscat . Just think of all the properties lost to be gobbled up by a few wealthy people.
@feloneouscat and the trumpers will be fufoed. they voted, adn they will have karma on them. we warned them, but did they hear? NO.
@feloneouscat the billionaires backing Trump want to destroy the economy so they can profit from cryptocurrency when that is the only option left for Jane/Joe citizen. Do you think it's just a coincidence that the Muskrat's title is for a new position name DOGE when he promoted/started Dogecoin
Musk is ignorant about a lot of things. Economics (despite his degree) is not his forte. Scams? Yes, he will take people for a ride (yes, that was a slam on Tesla—good luck when he turns that into a taxi business).
Musk has all the originality of the 14 year old he is. It’s either X or Doge.
He’s not particularly clever. Hell, he didn’t even name Tesla. That was the two guys who started it.
I agree with what you're saying... at this point, I think the real reason that trump's entire game plan is focused on killing the entire govt to get rid of laws & oversight... they want a "free market" so they can be free to do whatever they want to make which does focus on making a killing by ruining millions who are not billionaires.
True free markets collapse. You need rules to keep things stable. The history of our country is that free markets result in constant booms and busts. It is only regulation that smooths things out.
It’s why engines employ methods to regulate. If they did not, they would destroy themselves.
Yes, the "Free Market" needs rules, laws & regulation to work for everyone, not just billionaires & presidents of the Clown Cabinet Circus.
And the very LAST PEOPLE to stomp on the free market while they gleefully slice and dice the Federal Budget is elon & vivek- who have no clue how govt works FOR THE PEOPLE.
What is disturbing in all of this is they don’t seem to understand they have no game plan… they have, at best, a theory that is has not been proved—that somehow government is wasting money despite the fact it has no investors to please. In fact, government is FAR MORE EFFICIENT at providing goods and services THAN ANY PRIVATE BUSINESS.
Why?
Because it has no investors and does not make a profit.
This is the real reason they want to kill government—to make money. BUT (cont)