Dan Ferris on DOGE

DOGE will wind up hot having nearly as much teeth as people want it to, spending will stay high, the bombs will keep dropping and the debt will keep rising.

~ Dan Ferris, "Expect Corporate Bankruptcies and a Recession This Year," April 7, 2025

Stephen Mack on how defense spending is off limits for DOGE

Is the DOGE initiative a delusion? 

The DOGE initiative promulgated by Elon Musk is being widely celebrated for all of the savings that it has realized.  Much of that savings is attributed to cancelled government contracts across the various federal agencies and departments.  A table of the savings can be found at the DOGE web site [see here].

An analysis of the savings shows that the Department of Defense (DOD) has been essentially untouched by DOGE.  As of 3/20/2025, of the 5,630 cancelled contracts on the list, only 25 (0.44%) are associated with DOD.  Of the notional $19 Billion in total savings, DOD contract cancellations only contribute $10 Million (0.053%) to the total. 

[...]

It must be noted the waste, fraud and abuse at DOD has been documented over many years with many acquisition boondoggles and profligate dysfunctional financial management.  The Pentagon has "failed" all recent audits.  But little has been done to correct the systemic dysfunction in the Pentagon.  DOGE appears to be strangely reluctant to address the pathological elephant in the fiscal living room.

It should also be noted that Elon Musk sees DOD as a target rich environment for his companies.  Is the DOGE interest in addressing the fiscal pathologies in the Pentagon inversely proportional to Elon Musk's interest in making a lot of money from the Pentagon?

~ Stephen Mack, LinkedIn post, March 21, 2025

Michael Lee: "What's going on with DOGE is nothing short of remarkable"

What's going on with DOGE is nothing short of remarkable...  If I knew having Elon and his team come in and slash a trillion or more of federal spending through waste, fraud and abuse, I wouldn't have voted for him [Trump] once.  I would've voted for him ten times.  Everybody wants this.  It's unbelievable.  It's essential.  Look, over 20 cents of every dollar that comes into the Treasury from tax revenue goes to service debt.  And before you know it, that's going to be 25, 30, 35 cents.  Nothing better has happened from the government in my lifetime than what we're seeing with DOGE.

~ Michael Lee, founder, Michael Lee Strategy, FOX News interview, 2:30 mark, February 12, 2025