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Some intellectual curiosity: If tariff revenue is rising, and the economy hasn’t shrunk (yet), and DOGE has returned money (recission later being authorized) t
by InTheArena 1y ago
Some intellectual curiosity:
If tariff revenue is rising, and the economy hasn’t shrunk (yet), and DOGE has returned money (recission later being authorized) then some money was clearly generated.
Alternatively, Doge could have been totally ineffectual and tariffs returning nothing, but this article seems to indicate otherwise.
This means that less money then planned was spent. Against a null hpothesis, that indicates that the situation is "better" then doing nothing at all (at which point, the rise in government lending costs, the out of control benefit costs, and all of the other stupid crap that has been festering out there since Bill Clinton won the white house for ridiculing Bush for raising taxes comes home to roost.
I'm solidly in the never-trump camp, and maybe there was an argument made after the paywall, but this feels like an ideology in search of a headline.
- lesuorac 1y agoWell, the two main counter points are. 1. Doge isn't free. They have staff with expenses which haven't been accounted for in your argument. 2. Cancelation of forward facing contracts shouldn't affect the immediate numbers. But it's like laying off the entire company; you're going to record a record Q4 with all those sales but no expenses however come Q1 good luck for the company. Although people have posted links so you can read the article [1] which largely points out that spending is up by $220 billion. Which is about 2.2 trillion worse than Doge promised. [1]: https://news.ycombinator.com/item?id=45530994 https://news.ycombinator.com/item?id=45530994