American Economics......Donald style.
Sorry, this is just another cathartic rant. So, Trump and Musk call themselves businessmen, but anyone as supposedly intelligent as their egos are telling them that they are, should surely be able to see the difference between business and government. It may be OK to cut costs to the bone if you are trying to sell a product at a competitive price and still make a profit, but that doesn’t necessarily work when in government. Think of where government money comes from, i.e. taxes. Let’s assume a simplistic example where a government department employs a number of people, each earns $1000 at 20% income tax (this is basic stuff from John Maynard Keynes, BTW). Before these employees even leave the building, the government gets their 20% income tax back, so their employees have really only cost $800 each. Then, each one goes out and buys the things they need to survive, like housing, food, clothes, transport etc. Notice that I didn’t mention saving...