Donald Trump announces Elon Musk will co-lead Department of Government Efficiency
TechCrunchNOV 2024
Elon Musk and Vivek Ramaswamy’'s leadership in the Department of Government Efficiency (DOGE) signals a transformative vision to rejuvenate America through targeted deregulation. Musk’'s critique of overregulation as “"strangulation”" resonates amid glaring inefficiencies delaying broadband expansion, medical innovation, and critical infrastructure. By trimming bureaucratic excess and fostering clarity in emerging sectors like AIartificial intelligence and cryptocurrency, DOGE could unlock unprecedented economic and technological growth. This initiative represents a bipartisan call for streamlined governance.
Elon Musk and Vivek Ramaswamy’'s DOGE initiative is a quixotic venture, rooted more in tech-bro hubris than in governance. Musk envisions slashing $2T in "waste," despite the fiscal and legal realities that make such cuts impractical, if not unconstitutional. Ramaswamy’'s bluster about dismantling agencies lacks grounding in federal processes or political feasibility. Without congressional authority, DOGE wields no genuine power without congressional authority, reducing it to a vanity project for Musk’'s ego and crypto memes. Ultimately, DOGE seems destined to flounder, serving as a cautionary tale of overreach rather than a transformative force in government efficiency.
There's a 50% chance that the US government will spend 37.4% of GDP in 2026, according to the Metaculus prediction community.