We're sunsetting PodQuest on 2025-07-28. Thank you for your support!
Export Podcast Subscriptions
cover of episode What the D.O.G.E?

What the D.O.G.E?

2024/11/16
logo of podcast Slate Money

Slate Money

AI Deep Dive AI Chapters Transcript
People
A
Anna Szymanski
E
Elizabeth Spiers
E
Emily Peck
Topics
Emily Peck对特朗普任命马斯克和拉马斯瓦米领导名为“政府效率部门”(DOGE)的计划表示质疑,认为削减2万亿美元联邦预算的目标不切实际,因为大部分预算都用于美国人赖以生存的社会保障和医疗保健等项目。Elizabeth Spiers认为,尽管提高政府效率有其先例,但特朗普的DOGE计划更像是一个徒有虚名的咨询委员会,不太可能取得实际成果。Anna Szymanski指出,顾问通常是这类计划的最大受益者,而企业或政府的处境并没有得到改善,DOGE计划可能也是如此。

Deep Dive

Chapters
The discussion revolves around the feasibility and potential impact of the Department of Government Efficiency (DOGE) proposed by Elon Musk and Vivek Ramaswamy. The panelists debate whether such an initiative can realistically cut federal spending and improve government efficiency.
  • DOGE aims to cut $2 trillion from the federal budget by July 2026.
  • The federal government spent $6.2 trillion in fiscal year 2023, with significant portions allocated to social security, Medicare, defense, and interest on the debt.
  • Critics argue that the proposed department lacks a strategic approach and could lead to arbitrary cuts without understanding the implications.
  • The panelists discuss the historical context of similar initiatives, such as the National Partnership for Reinventing Government during the Clinton administration, and the Office of American Innovation under Trump's first administration.
  • There is skepticism about the ability of outsiders like Musk and Ramaswamy to effectively manage and cut government spending without causing significant disruptions.

Shownotes Transcript

This week: Elon Musk and Vivek Ramaswamy have a lot of “plans” for the D.O.G.E. Emily Peck), Elizabeth Spiers)*, *and Anna Szymanski discuss the suspect promises of the Trump-appointed heads of the Department of Government Efficiency. Then, Bitcoin is at a record high right now, though the value of crypto remains uncertain. Also, AI clones are being used to apply to jobs and even find us dates, but are they doing it well?

In the Slate Plus episode: New York City has passed a bill preventing landlords from charging tenants for broker’s fees. Finally!

Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts) and Spotify). Or, visit slate.com/moneyplus) to get access wherever you listen.

Podcast production by Jessamine Molli and Cheyna Roth.

**Disclosure in Podcast Description: **A Bond Account is a self-directed brokerage account with Public Investing, member FINRA/SIPC. Deposits into this account are used to purchase 10 investment-grade and high-yield bonds. As of 9/26/24, the average, annualized yield to worst (YTW) across the Bond Account is greater than 6%. A bond’s yield is a function of its market price, which can fluctuate; therefore, a bond’s YTW is not “locked in” until the bond is purchased, and your yield at time of purchase may be different from the yield shown here. The “locked in” YTW is not guaranteed; you may receive less than the YTW of the bonds in the Bond Account if you sell any of the bonds before maturity or if the issuer defaults on the bond. Public Investing charges a markup on each bond trade. See our Fee Schedule. Bond Accounts are not recommendations of individual bonds or default allocations. The bonds in the Bond Account have not been selected based on your needs or risk profile. See https://public.com/disclosures/bond-account to learn more.

Learn more about your ad choices. Visit megaphone.fm/adchoices)