US economist Harry Dent offers candid take on DOGE, warns over financial future
Economyist and Harvard Business Alumna Harry Dent gives Fox News digital to Doge’s review and explains its secret about turning control and reduction costs.
It is reported that in fact, to save the efficiency of “Elon Muski” government, to save hundreds of billions of dollars a year, the US economist explained how expenses can be carried out for the economy.
“Trump is not fully aware of how these serious (and necessary reductions in federal expenses are most likely to return to the economy.” Harry Dent said to Fox News Digital. “The secretary of the treasury of the treasury warns that there may be some pain, but the $ 2 billion cuts will be 7% of GDP and to run alone.
“Such a decline would be worse than the majority of economists think that our economy is extended by $ 27 trillion compared to financial and monetary incentives since 2008.
“It is good to make such cuts, but it is naive to underestimate the ability to absorb them at this time of the economy.”
Doge Honing in Federal Advisory Agreements; Wants wastes
Despite the federal budgets, the mission of reducing federal budgets, fire workers and possible sensitive information were allowed to criticize politicians and average Americans.
Are Elon Musk and Donald Trump? Economist Harry Dent weighs Fox News Digital. (Getty Images)
The combination of termination of lease, false or improper payments and the cancellation of grants is reported on what has led to the figure according to the Doge website.
Induced 115 Billion Dollars Savings The average $ 714.29 per floor payers will be appreciated, based on 2022 of 161 million individual taxpayers.
Dent encourages musk to make budget decisions with a thin tooth comb, as he clings to his worldview that the economic downturn will hit the US economy in 2025-2027.
“My experience was a turning management. Its secret is not only the cost of reduction.
Financial Author and Harvard Business Graduate Harry Den talks to Fox News about digital political indicators that can help make economic decline.
“I love a change, and I can change the change 10 times if something fails than he sails and people don’t hurt it.” He added.
The graduate of Harvard Business School, which is now the first work of the College College College, was in principle similar to Musk’s role, he pointed out.
“You have to go there and find out what really costs that costs and cuts those basic expenses. In other words, you must make a surgical reduction.
“I could enter into a healthy business and cut 20% outside of heartbeat. And I can go to unhealthy business, what I used to [do]And reduce 50% of the fixed value and it makes you thin and medium, “he expanded.” We need it. “
White House spokesman told Fox News in a statement. Americans now and future generations can live the American dream. “
According to the representative of the Congress subcommittee, Tim Burcet, Dage is ready to unleash “count” on certain Federal agencies. | Getty Images:
Although it seems that Denzots, from time to time, it is “ignorant” to move the government’s savings, “it is better.”
“We don’t have to say. “It’s not the way to cut costs. And so I would say musk, he didn’t get much on the turning side with all his experience. And I got it in the spades.
“And anyone [who’s] Turned with turns, you would tell you that you are optional to cut yourself to be healthy. You don’t cut off panic just to avoid dead, “the tooth continued.
Musk exclusively Fox Business’s “Larry Kudlow” that her team does everything to stay “Transparent line-line” What federal costs is it planning to cut?
Doge Representative Sam Corcos and Treasury Secretary Scott Bessent is breaking the Trump Administration Department to stop wasting costs at “Ingraham At angle”.
Sideways FOX News’ “SPECIAL REPORT WITH BRET BAIER“Thursday, Musk said.” We want to reduce costs by eliminating waste and fraud and reduce costs by 15%. Thus, we feel confident that 15% decrease can be made without any important government services. “
But reviving the “most powerful economy” that lives, can live for some time, as he believes that some fiscal pain should be careful about the artificial stimuli spent for the epidemic.
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Elon Musk says Doge’s work is necessary to spend the costs or to “sink” America’s ship.
“People are going to lose work in certain industries and things. But it must take place and that is [a] benefit in the long run. And it’s even good for people in these old industries. It’s good to get out because they will have to train and get new skills and enter a new economy, because everyone is richer.
“Most likely, it should have happened [in] 2022, ’23, it was when the demographics were still weak. “Dent pointed.” It was the perfect time. But we ran. It was the tent … We finally shake and we are preparing for a millennium boom. And we can enter into it instead of health. “
Fox Business, Michael Doran, contributed to this report.
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