Department of Government Efficiency - DOGE

#6,402
#6,402
jmacvols1 said:


"Under Fishback’s proposal, households that are net taxpayers — those who pay into the government more than they receive in benefits — would receive 20% of all DOGE’s saving.

Another 20% will go to paying down the national debt and the other 60% would likely be allocated to the budget each year (Fishback doesn’t explicitly state that).

According to his math that would mean roughly 79 million households would get a $5,000 check each if Musk is able to cut $2 trillion from the federal budget he’s estimated he can trim.

Fishback has previously suggested the first check would come when DOGE terminates in July 2026, but if it become law before then, he said, Americans could get a check even sooner.

.....While some economists have suggested a possible dividend could push inflation higher, like stimulus checks did during the pandemic, Fishback believes his targeted approach disbursing checks will eliminate that issue.

“Sending checks isn’t inflationary … lockdowns and labor shortages compounded the effect of inflation [during Covid],” he said. “But the macro backdrop today is disinflationary.”

“It is similar to tax refund season — when the average check from the IRS is $3,100 and it goes to people’s rainy day fund, saving, and paying down debt.”

And, since the DOGE checks would only be sent to households paying taxes, these checks incentivize people to get back to work — unlike the Covid stimulus checks."
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It should be a sliding scale based on how much each taxpayer has paid. If you didn't pay taxes, you get 0. If you paid at the top end of taxes, you get the top end %.
 
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#6,404
#6,404
jmacvols1 said:


"Under Fishback’s proposal, households that are net taxpayers — those who pay into the government more than they receive in benefits — would receive 20% of all DOGE’s saving.

Another 20% will go to paying down the national debt and the other 60% would likely be allocated to the budget each year (Fishback doesn’t explicitly state that).

According to his math that would mean roughly 79 million households would get a $5,000 check each if Musk is able to cut $2 trillion from the federal budget he’s estimated he can trim.

Fishback has previously suggested the first check would come when DOGE terminates in July 2026, but if it become law before then, he said, Americans could get a check even sooner.

.....While some economists have suggested a possible dividend could push inflation higher, like stimulus checks did during the pandemic, Fishback believes his targeted approach disbursing checks will eliminate that issue.

“Sending checks isn’t inflationary … lockdowns and labor shortages compounded the effect of inflation [during Covid],” he said. “But the macro backdrop today is disinflationary.”

“It is similar to tax refund season — when the average check from the IRS is $3,100 and it goes to people’s rainy day fund, saving, and paying down debt.”

And, since the DOGE checks would only be sent to households paying taxes, these checks incentivize people to get back to work — unlike the Covid stimulus checks."
Click to expand...

I have said it before, but will say it again.

This is a terrible idea. I understand all the "but it is my money" people, but we have spent #38 Trillion of "your money," that WE DIDN'T HAVE! already.

Pay down the national debt! Helps me now, helps my kids, my grands, and my great-grands later.

All putting $5k in people's pockets right now is going to do is lead to COVID-STIMULUS inflation growth, at least for a while.

This is like hitting a $10k lottery scratch off when you are on the verge of foreclosure, and deciding to go on a cruise instead of catching up on the house payment.

Dumb. Dumb. Dumb.

Wait, does this make me non-MAGA now?
 
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#6,408
#6,408
n_huffhines said:
The fact that you're posting about and getting off on how mad some random weirdos are about Elon rather than something meaningful says a lot.

The emperor has no clothes, but at least that pisses some people off, I guess.
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You are trolling with every post in here.
 
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#6,419
#6,419
Here’s a DOGE cut suggestion. How about cutting the funding for a $40+ million museum at Ft Campbell and have a bit of that money go to replace the damn autoclave at the post hospital so they can do surgeries at that hospital instead of soldiers and their family members getting the surgeries at the Clarksville hospitals, costing a lot more than if the surgery was performed on post by military surgeons? Just a thought.
 
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#6,420
#6,420
Tesla is ripe for a major short position right now. Since his Tesla stock owns his shares of Twitter stock, it's a problem. His Tesla wealth was ultimately financed by the good ole USA. Besides the unprecedented conflict of interest, he has no experience with doing an efficiency audit on anything of this magnitude. A CF indeed. He's not qualified to do it. It's an all time shat show that he is digging into agencies who have had issues with his regulatory practices
 
#6,421
#6,421
CABVOL said:
Here’s a DOGE cut suggestion. How about cutting the funding for a $40+ million museum at Ft Campbell and have a bit of that money go to replace the damn autoclave at the post hospital so they can do surgeries at that hospital instead of soldiers and their family members getting the surgeries at the Clarksville hospitals, costing a lot more than if the surgery was performed on post by military surgeons? Just a thought.
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Palantir, Boeing, Northrop, RTX, and Lockheed dont care about no hospital. They have too many Senators/admin on their payroll.....
 
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#6,422
#6,422
lawgator1 said:
Giving people 15 minutes to grab their personal belongings and gtfo seems unnecessarily cruel and demeaning.
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When my wife was let go from her job a few years ago, she was informed of her termination in a meeting, not allowed to gather her belongings (we went back at a later date and picked up her stuff they had packed up), and escorted out of the building like a criminal. It definitely sucks, but is part of I guess.
 
#6,423
#6,423
CABVOL said:
When my wife was let go from her job a few years ago, she was informed of her termination in a meeting, not allowed to gather her belongings (we went back at a later date and picked up her stuff they had packed up), and escorted out of the building like a criminal. It definitely sucks, but is part of I guess.
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What type of organization? Industrial, service, government, etc? Public or private?
 
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