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Musk's DOGE cuts based more on political ideology than real cost savings so far (www.reuters.com)

submitted 5 days ago by davel@lemmy.ml to c/usa@lemmy.ml

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Citations Needed podcast did a Patreon members-only segment about it: News Brief: Musk Goes Full Alex Jones as Media Belatedly Mentions the Dreaded "I" Word

In this Patreon-only News Brief, we discuss the latest in Elon Musk's rightwing coup of the regulatory state, how a couple of outlets are beginning to slowly, coyly mention DOGE's ideological agenda, and how Musk and Trump have successfully built an alternative faux populist universe propped up by dishonesty and conspiratorial mud-slinging—exploiting Democrats' insistence on being the party of legal formalism and the status quo.

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[–] HubertManne@moist.catsweat.com 2 points 5 days ago

All the cuts look like they will raise costs in the long run. Its easier to get the hired employee to stick on for low pay than get someone hired on at that pay. Especially during a period of high inflation.