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re: Elon: DOGE probably won’t find $2 trillion in federal budget cuts

Posted on 1/9/25 at 10:56 am to
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
476990 posts
Posted on 1/9/25 at 10:56 am to
quote:

Is it anything more than the friends we made along the way?


It could theoretically be something, but I don't know if Elon/Vivek last as associations of the admin that long.
Posted by dgnx6
Member since Feb 2006
89811 posts
Posted on 1/9/25 at 10:57 am to
Thats all his responses.


"Well, it won't be 2 trillion even if we did cut it"




So what if its only $300 million? Cut it. Thats better than cutting $0.



What was the point of this thread other than him to try and throw shade at Elon? His schtick is to pretend he's smarter than Elon. He brags about his IQ all the time.


If Doge cut $1 trillion hed come running back saying, Aha! I told you they were grifters, they only cut $1 trillion instead of $2.

This is SFP. He posts here enough for you to know that powerbottom.







This post was edited on 1/9/25 at 11:02 am
Posted by RollTide4Ever
Nashville
Member since Nov 2006
20147 posts
Posted on 1/9/25 at 10:59 am to
Peter Schiff was right again.
Posted by GumboPot
Member since Mar 2009
140573 posts
Posted on 1/9/25 at 11:02 am to
quote:

Peter Schiff was right again.


Peter Schiff's message is to get out of Federal Reserve Notes and into assets as soon as you acquire Federal Reserve Notes. His favorite asset is gold, but there are many other asset options.
Posted by Penrod
Member since Jan 2011
55573 posts
Posted on 1/9/25 at 11:03 am to
quote:

Abolish ATF, Dept of Ed, IRS,

You can’t abolish the IRS; tax collection would go to zero.
Posted by Penrod
Member since Jan 2011
55573 posts
Posted on 1/9/25 at 11:05 am to
quote:

Cutting spending is now the "RINO" position and MAGA wants to remove the debt ceiling.

No and yes. MAGA HAS to remove the debt ceiling (or keep moving it) and RINOs certainly make no real effort to cut spending.
Posted by Powerman
Member since Jan 2004
173763 posts
Posted on 1/9/25 at 11:05 am to
quote:

What was the point of this thread other than him to try and throw shade at Elon? His schtick is to pretend he's smarter than Elon.

No. I think the point is for us to have realistic expectations and realize that this is just Elon being hyperbolic which he has a history of doing. It's very rare that he does anything other than over promise particularly when it comes to pricing and deadlines of products.
Posted by RollTide4Ever
Nashville
Member since Nov 2006
20147 posts
Posted on 1/9/25 at 11:06 am to
He also said DOJ should sell the silk road bitcoin.
Posted by Penrod
Member since Jan 2011
55573 posts
Posted on 1/9/25 at 11:07 am to
quote:

Prorate the balance of the cut to $2T across the board.

Okay, but that’s not DOGE. Nor is it politically practical. The Republicans would lose both chambers in two years.
Posted by Bunk Moreland
Member since Dec 2010
68429 posts
Posted on 1/9/25 at 11:07 am to
I do think this is one of those things that's a little bit of a LARP. If it goes nowhere, everyone can say it wasn't real or run by Trump/.gov, anyway.
This post was edited on 1/9/25 at 11:07 am
Posted by GumboPot
Member since Mar 2009
140573 posts
Posted on 1/9/25 at 11:07 am to
quote:

MAGA HAS to remove the debt ceiling (or keep moving it)


Technically not true. There is an alternative and the debt ceiling can stay in place as is and the federal government can still meet its fiscal obligations.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
476990 posts
Posted on 1/9/25 at 11:09 am to
quote:

What was the point of this thread other than him to try and throw shade at Elon?

Note: this thread was not throwing shade at Elon in any way.

quote:

His schtick is to pretend he's smarter than Elon.

I didn't turn my back on Elon recently, unlike so many MAGA people on here and online

quote:

If Doge cut $1 trillion

They're not cutting $1T in annual spending.
Posted by Penrod
Member since Jan 2011
55573 posts
Posted on 1/9/25 at 11:10 am to
quote:

Even if you post literal graphs showing the math doesn't work, they will still prefer "media" on Twitter/X telling them what they want to hear.

The math works fine. Cut a trillion out of the annual budget (if that’s possible, probably half a trillion would be a great outcome). Then reduce entitlements to get another half trillion. That will include some painful SS cuts. Then outgrow the interest on the debt. We have done it before.
Posted by Penrod
Member since Jan 2011
55573 posts
Posted on 1/9/25 at 11:12 am to
quote:

Technically not true. There is an alternative

Well, it is technically not true, but the alternative is political suicide. Or at least it has been when parties played footsie with it in the past.
Posted by YouKnowImRight
Parts Unknown
Member since Oct 2023
2957 posts
Posted on 1/9/25 at 11:12 am to
quote:

ot legally, but let's assume we can. Wont' come close to $2T. Probably won't come close to $1T.

A chart from the thread linked in OP (posted numerous times in other DOGE-celebratory threads)




This is what people don't understand. We spend almost as much on social programs as we take in total. Sending $65 billion of the military budget to Ukraine is a papercut compared to the severe wound the New Deal and the Great Society saddled us with.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
476990 posts
Posted on 1/9/25 at 11:12 am to
quote:

I do think this is one of those things that's a little bit of a LARP. If it goes nowhere, everyone can say it wasn't real or run by Trump/.gov, anyway.

That would be funny.
Posted by Vacherie Saint
Member since Aug 2015
47578 posts
Posted on 1/9/25 at 11:13 am to
For me? Anything a trillion or more would be an unprecedented step in the right direction. A number like that would be crazy, IMO.

But what I want and what 350MM other Americans want vs what can be achieved are all likely wildly different.

I’m certainly not going to attack DOGE for eliminating some figure less than the initial goal- that happens everyday in DC. Republicans have a bad habit of never being satisfied with anything ever.

I’m just happy someone, for the first time in forever, is trying.
Posted by Powerman
Member since Jan 2004
173763 posts
Posted on 1/9/25 at 11:14 am to
quote:

The math works fine. Cut a trillion out of the annual budget (if that’s possible, probably half a trillion would be a great outcome). Then reduce entitlements to get another half trillion. That will include some painful SS cuts.

I don't think that's immediately achievable but at least it's a sane starting point for discussion.
Posted by AGGIES
Member since Jul 2021
12344 posts
Posted on 1/9/25 at 11:14 am to
That’s just crazy. He decided not to cut social security and Medicare after all.

Can’t wait to hear the next outrageous proclamation…
Posted by OceanMan
Member since Mar 2010
23219 posts
Posted on 1/9/25 at 11:16 am to
quote:

DOGE probably won’t find


That is your position, what you wrote, not what Elon said.

quote:

The maximum amount is below 2 trillion also


Maybe, but that’s not what Elon said. Here I am correcting you for the third time. Congrats on being in alignment with CNBC.
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