3 ms·
By far the largest cost of DOGE has been destroying the credibility of the United States. Investors are fleeing US bonds, driving up the rates, and the amount w
by jeffbee 2y ago
By far the largest cost of DOGE has been destroying the credibility of the United States. Investors are fleeing US bonds, driving up the rates, and the amount we're spending on extra interest that we wouldn't have paid otherwise is multiples of even what DOGE claims to have "saved", likely 1000s of times higher than actual "savings".
- jiggawatts 2y agoThe cause of distrust is the tariffs and threats of invasion, not DOGE. Overseas we’re watching DOGE with a giant bucket of popcorn on our lap, but it’s not going to change our government policies towards the USA.
- seanmcdirmid 2y agoDOGE is eliminating American soft power, but ultimately that should come up as neutral or even a positive depending on a country’s relationship with the USA. Iran, China, Russia would think of them as a positive, for example.