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by hidingfearful 422 days ago
I'm curious who is tracking the costs which have been incurred by DOGE. Say, for example, they claim a savings of X from firing a bunch of people, what is the cost Y from the hiring of contractors to fulfill the obligations those X people filled?

How much are they costing us?

3 comments

By far the largest cost of DOGE has been destroying the credibility of the United States. Investors are fleeing US bonds, driving up the rates, and the amount we're spending on extra interest that we wouldn't have paid otherwise is multiples of even what DOGE claims to have "saved", likely 1000s of times higher than actual "savings".
The cause of distrust is the tariffs and threats of invasion, not DOGE.

Overseas we’re watching DOGE with a giant bucket of popcorn on our lap, but it’s not going to change our government policies towards the USA.

DOGE is eliminating American soft power, but ultimately that should come up as neutral or even a positive depending on a country’s relationship with the USA. Iran, China, Russia would think of them as a positive, for example.
https://fiscaldata.treasury.gov/americas-finance-guide/feder...

tldr; spending is higher, deficit is higher