Summary

Elon Musk and Vivek Ramaswamy’s new “Department of Government Efficiency” (DOGE) began recruiting “high-IQ small-government revolutionaries” willing to work 80+ hours per week with no pay to help slash federal spending.

Appointed by President-elect Donald Trump, the panel is tasked with recommending spending cuts, regulatory rollbacks, and agency restructuring by July 4, 2026.

Musk and Ramaswamy advocate for drastic measures, including cutting grants to nonprofits and potential mass layoffs.

  • iAvicenna@lemmy.world
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    3 days ago

    yes they tried that in Turkey, president’s highly incompetent son in law was made minister of Finance. At the start (2018) of this I think pounds/Turkish lira was sth like 4. He stayed for two years and it ended with maybe something like 10-12. As of now it is around 50 (people after him weren’t that great either). Since nowadays production of almost anything in Turkey is tied to imports, prices of daily consumption goods as well as rent, housing etc went up by that amount too (salary increases not even comparable). good luck USA