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Elon Musk decimated the government and saved almost nothing

jacobin.com Elon Musk Decimated the Government and Saved Almost Nothing

Elon Musk’s cuts may have “saved” the public less than half a percent of the national debt, but they are already making Americans poorer and sicker and forcing them to spend hours waiting on phone help lines.

Elon Musk Decimated the Government and Saved Almost Nothing

Summary

$150 billion: that’s the grand total of savings Elon Musk revealed last Thursday that he and his DOGE team are “expecting” to make after months of ruthless and often mindless cuts.

To call this a monumentally unimpressive number doesn’t do it justice. Musk’s “savings” here — which are already error-ridden and inflated in the first place, created by totaling up spending that never actually existed or that was, alternately, either already cut or never actually was — represent just 15% of the trillion dollars he originally promised he would slash.

In fact, government spending so far under Donald Trump has actually gone up compared to the last two years under Joe Biden.

“Musk will have effectively crippled the modern American state and ripped vital services away from ordinary Americans in order to pay for more waste at the Pentagon.”

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  • I'm possibly more worried about what he didn't destroy at this point. What's gone will at least be rebuilt largely from scratch by people that care about restoring those institutions.

    My huge worry now is what backdoors are now in systems like social security that impacts us all and we may not find out about for a long time. How much identity theft and scamming will go on now that outside actors likely have access to some or all of that data?

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