The world’s richest man is gutting the regulatory bodies which were designed to keep him in check, and you’re defending it. I’d say you’ve drank the Kool-aid.
No, seems like you are defending cost cutting and it doesn't make sense why are you so against it? USA is democracy, if after 4 years things go south you can always vote different and get everything back the way it was. Most probable outcome here is financial situation in USA will get better, you make it sound like USA would collapse to stone age era, it wont.