“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.
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)
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.
@feloneouscat
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.