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Nobel laureate calculates mathematically: it is impossible for Musk to cut 2 trillion US dollars from the government budget.
After Trump won the usa election, Tesla CEO Elon Musk was appointed as the co-head of the newly established Department of Government Efficiency (DOGE) alongside former presidential candidate Vivek Ramaswamy, stating that he hoped to cut 2 trillion dollars from the national budget. The goal of DOGE is to reduce government waste and bureaucracy, and the two co-heads began working: Musk aimed to hire "small government revolutionaries" for the department, while Ramaswamy sought to completely "delete" entire government institutions. However, according to Simon Johnson, one of the 2024 Nobel Prize winners in Economics.
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