¿El "DOGE Efficiency Committee" de Musk podría provocar el mayor despido en el gobierno de EE. UU.? ¿Apoyando la abolición de la Reserva Federal (Fed)?
Trump, before winning the US election, stated that if he won, he would invite Tesla founder Musk to lead the Government Efficiency Committee to improve government efficiency and reduce spending. Now that Trump has won, what actions might Musk take when he comes to power? (Summary: Trump wants Musk to build the 'DOGE Government Efficiency Committee', can it really change the inefficient operation of the US government and save expenses?) (Background: Musk posted a DOGE meme, DOGE soared, and helped Trump campaign by shouting: Cut at least $2 trillion federal budget) Before finally winning the US election, Trump announced in a speech at the Economic Club of New York in September this year that if elected, he would establish a government efficiency committee and invite Tesla founder Musk to lead it: According to Musk's suggestions, he has given me full support... I will establish a government efficiency committee responsible for a comprehensive financial and performance audit of the entire federal government and make recommendations for thorough reform. As a top priority, the committee will develop an action plan to eliminate fraud and improper payments completely within six months, which will save trillions of dollars. As one of the behind-the-scenes contributors to Trump's victory, Musk previously responded actively, saying that he is willing to serve in the Department of Government Efficiency (D.O.G.E.) without pay, title, or recognition. What actions will Musk take? Currently, with Trump's victory, more and more people are speculating on what specific measures Musk will take after leading the efficiency committee. Although Musk has already promised to help the Trump administration reduce the budget by at least $2 trillion (nearly one-third of the US government's expenditure by 2024), he has not yet provided specific details. Therefore, based on Musk's entrepreneurial history, we may get some clues. Specifically, Musk has taken actions and advocated during his leadership in companies such as: After spending $44 billion to acquire the social media platform Twitter in 2022, Musk immediately conducted a large-scale layoff; In public speeches, Musk has stated that layoffs can drive the company forward, and he believes that one of the reasons for low work efficiency is people holding back progress; During his leadership at Tesla, Musk planned to significantly reduce physical stores. Although this plan was ultimately canceled due to pressure from landlords, it shows Musk's firm attitude towards cost control; Musk attaches great importance to corporate reform and has viewed bankruptcy as a strong driving force for change, emphasizing that the consequences of not reforming will be unimaginable. Based on the above, when managing companies, Musk emphasizes cost control and downsizing, and holds a firm attitude towards corporate innovation. Therefore, many people believe that in order to reduce the government's expenditure by $2 trillion, the most likely approach for Musk after leading the efficiency committee is to continue his consistent radical measures and carry out large-scale layoffs in the US government. Musk implies support for the abolition of the Federal Reserve In addition, regarding Federal Reserve Chairman Powell's previous statement that even if Trump asked him to resign, he would not agree, US Senator Mike Lee recently tweeted that the United States should directly abolish the Federal Reserve: The executive branch should be led by the president, and that's how the Constitution is designed. The Fed is one of the many examples in which the United States deviates from the Constitution, and this is another reason why we should abolish the Federal Reserve. In response, Musk retweeted Mike Lee's viewpoint, accompanied by the text '100', strongly implying that he 100% agrees with Trump's intention to abolish the Fed. - Elon Musk (@elonmusk) November 8, 2024 Related reports: Musk ALL IN Trump, the business behind the US election frenzy What is it? Crazy! Musk announces daily draw of $1 million for US voters, giving benefits to Trump supporters until election day DOGE embraces new value: political flow and Musk's proposal for the 'Department of Government Efficiency' (D.O.G.E)
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¿El "DOGE Efficiency Committee" de Musk podría provocar el mayor despido en el gobierno de EE. UU.? ¿Apoyando la abolición de la Reserva Federal (Fed)?
Trump, before winning the US election, stated that if he won, he would invite Tesla founder Musk to lead the Government Efficiency Committee to improve government efficiency and reduce spending. Now that Trump has won, what actions might Musk take when he comes to power? (Summary: Trump wants Musk to build the 'DOGE Government Efficiency Committee', can it really change the inefficient operation of the US government and save expenses?) (Background: Musk posted a DOGE meme, DOGE soared, and helped Trump campaign by shouting: Cut at least $2 trillion federal budget) Before finally winning the US election, Trump announced in a speech at the Economic Club of New York in September this year that if elected, he would establish a government efficiency committee and invite Tesla founder Musk to lead it: According to Musk's suggestions, he has given me full support... I will establish a government efficiency committee responsible for a comprehensive financial and performance audit of the entire federal government and make recommendations for thorough reform. As a top priority, the committee will develop an action plan to eliminate fraud and improper payments completely within six months, which will save trillions of dollars. As one of the behind-the-scenes contributors to Trump's victory, Musk previously responded actively, saying that he is willing to serve in the Department of Government Efficiency (D.O.G.E.) without pay, title, or recognition. What actions will Musk take? Currently, with Trump's victory, more and more people are speculating on what specific measures Musk will take after leading the efficiency committee. Although Musk has already promised to help the Trump administration reduce the budget by at least $2 trillion (nearly one-third of the US government's expenditure by 2024), he has not yet provided specific details. Therefore, based on Musk's entrepreneurial history, we may get some clues. Specifically, Musk has taken actions and advocated during his leadership in companies such as: After spending $44 billion to acquire the social media platform Twitter in 2022, Musk immediately conducted a large-scale layoff; In public speeches, Musk has stated that layoffs can drive the company forward, and he believes that one of the reasons for low work efficiency is people holding back progress; During his leadership at Tesla, Musk planned to significantly reduce physical stores. Although this plan was ultimately canceled due to pressure from landlords, it shows Musk's firm attitude towards cost control; Musk attaches great importance to corporate reform and has viewed bankruptcy as a strong driving force for change, emphasizing that the consequences of not reforming will be unimaginable. Based on the above, when managing companies, Musk emphasizes cost control and downsizing, and holds a firm attitude towards corporate innovation. Therefore, many people believe that in order to reduce the government's expenditure by $2 trillion, the most likely approach for Musk after leading the efficiency committee is to continue his consistent radical measures and carry out large-scale layoffs in the US government. Musk implies support for the abolition of the Federal Reserve In addition, regarding Federal Reserve Chairman Powell's previous statement that even if Trump asked him to resign, he would not agree, US Senator Mike Lee recently tweeted that the United States should directly abolish the Federal Reserve: The executive branch should be led by the president, and that's how the Constitution is designed. The Fed is one of the many examples in which the United States deviates from the Constitution, and this is another reason why we should abolish the Federal Reserve. In response, Musk retweeted Mike Lee's viewpoint, accompanied by the text '100', strongly implying that he 100% agrees with Trump's intention to abolish the Fed. - Elon Musk (@elonmusk) November 8, 2024 Related reports: Musk ALL IN Trump, the business behind the US election frenzy What is it? Crazy! Musk announces daily draw of $1 million for US voters, giving benefits to Trump supporters until election day DOGE embraces new value: political flow and Musk's proposal for the 'Department of Government Efficiency' (D.O.G.E)