Re:I am rich and have no idea what to do
by sangnoir on Friday January 03, 2025 @03:51AM
(#42583868)
Can you come up with "non-evil" ways to cut 2 trillion, while you wait?
Re:I am rich and have no idea what to do
by BurningFrog on Friday January 03, 2025 @12:37PM
(#42587695)
No, but let me expand on that.
The current deficit is 1.69 trillion (1), so something of that magnitude will have to happen, one way or another.
The "DOGE manifesto"(2) lays out the plans/goals in some detail. Note that it's not mainly budget cuts, and not intended to be complete in year 1.
(1): https://usafacts.org/state-of-the-union/budget/ (2): https://archive.ph/rAD4B
Re:I am rich and have no idea what to do
by BriggyDwiggs42 on Saturday January 04, 2025 @07:36PM
(#42598737)
I could imagine a world where trying to completely eliminate the deficit in a short amount of time does dramatically more harm than the increase in the debt.
Of course that doesn't add up to 2 trillion in cuts!
The Reich article is mostly him making up evil things DOGE might do, and then criticizing them for these imagined plans.
Once DOGE has real plans and proposals I'll be happy to mock them if they don't make sense. I agree their goals sound very difficult, but I've learned that there are always smarter people than me out there. Maybe you can at least agree with that last part :)