Dogecoin started out as a satirical take on the plethora of crypto-coins in the ether. After Musk began promoting it on X, it became an unintended satire of itself. Dogecoin's mascot is a Japanese Shiba Inu dog. DOGE's mascot—as publicized by Musk and Ramaswamy—is a Shiba Inu dog.
So, right off the bat, we have a conflation of governance and business. The gravitas is missing in the choice of the public interface, but DOGE's task is one of dead seriousness. Musk made it clear that his single-minded job will be to hack $2 trillion from the federal government's spending. Since in 2023-24 the federal government spent $6.75 trillion, Musk means to cut its budget by (an impossible) 30 percent.
And, as Ramaswamy gleefully averred last week, Musk aims to take "a chainsaw" to the federal forest of employees—basically, a lumberjack weapon of mass destruction to hack his way through 2.87 million federal employees, only 15 percent of whom are based in Washington DC, with others spread unevenly through 50 states, packed with nearly 20 million state and local government employees, nearly seven times the federal numbers. This number is not much higher than the lowest figure of 2.7 million in 2014. So, while the two might have taken upon them to thin the ranks of the federal government, how much they might really be able to whittle down is moot.
Denne historien er fra November 21, 2024-utgaven av The New Indian Express.
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Denne historien er fra November 21, 2024-utgaven av The New Indian Express.
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Engineering the Actor Within
Parvati Nair talks about her latest film Mr Rani, her career so far, and multiple projects on her plate.
It's a Bling Thing
From preppy fashion accessories to elevated essentials, designer Tiara Dhody's latest chic bijouterie works as a serotonin booster
The Sun and Stars of Inside Living
A home is a compelling personal statement of the owner's personality. How doing it up by zodiac sign can unleash the full potential of colours, shapes and textures
More than Just History
Though the writing begins with a little uncertainty, the author hits her stride quickly building on extensive research
The Black Book of 1975
Whoever said one should not let Whoever said one should not leted story has not read PK Sreenivasan's novel Midnight Knock.
How the Mesopotamians Imagined Earth
The Mesopotamian civilisation, which civilisation, arose around 3400 BC, was one of the earliest urban civilisations.
Her Cakes, Her Cakewalk
Mumbai's queen of confectionery completes two inspired decades of baking sweet somethings for movie stars and celebrity tycoons who get their sugar hit from her little empire.
The Power to Rise Above Loss
Children, some people say, \"We lead an ethical life. We do not betray or harm anyone.
Wild and High
Tucked away from the well-worn tourist paths of Madhya Pradesh's Kanha and Bandhavgarh lies Satpura's hidden gem the Denwa Backwater Escape.
Hands-on Learning for Under Graduates
Hoffman had won the Nobel prize in Medicine in 2011.
