The notion that Elon Musk and the Department of Government Efficiency (DOGE) can quickly cut $2 trillion from the federal budget without causing a massive recession or dislocation is an 'enormous fantasy' that ignores the mathematical constraints of the budget structure
normativepending
Speaker
Lawrence McHenryEvidence Quote
“the notion that we can take $2 trillion that we can take2 trillion yeah Tesla's was doing well um you know out of the out of the budget deficit quickly without pain without causing a massive recession or a lot of dislocation I mean I I I got to tell you that's just a that's in my view that's just an enormous fantasy”
Source
$200k Bitcoin, $4k Gold In 2025 As ‘Day Of Reckoning’ Comes For Stocks | Lawrence Lepard— David LinCreated: 8/11/2026, 6:22:49 AM
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