Summary

$150 billion: that’s the grand total of savings Elon Musk revealed last Thursday that he and his DOGE team are “expecting” to make after months of ruthless and often mindless cuts.

To call this a monumentally unimpressive number doesn’t do it justice. Musk’s “savings” here — which are already error-ridden and inflated in the first place, created by totaling up spending that never actually existed or that was, alternately, either already cut or never actually was — represent just 15% of the trillion dollars he originally promised he would slash.

In fact, government spending so far under Donald Trump has actually gone up compared to the last two years under Joe Biden.

“Musk will have effectively crippled the modern American state and ripped vital services away from ordinary Americans in order to pay for more waste at the Pentagon.”

  • finitebanjo@lemmy.world
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    2 days ago

    Also they lost like 500Bn according to the IRS due to cutting IRS staff alone, not including revenue lost as a result of cutting services that the government provided and revenue lost as a result of other nations no longer doing business with the USA such as arms sales, energy, rocketry, hospitals, and other transactions.

    By all accounts DOGE is losing money.

    • Phoenixz@lemmy.ca
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      2 days ago

      Same answer as the other reaction: if i start pulling on those threads then there is no end