American economist Harry Dean is explicitly provides Duj, and warns of the financial future

With the DOGE Ministry of Government Efficiency on the right track to provide hundreds of billions of dollars annually, one of the explicit American economists explained how to reduce costs to draw a harsh reality of the economy.

“Trump does not fully realize how these dangerous (required) discounts in federal spending are likely to restore the economy towards stagnation,” I tell Harry Dens Digital. “Treasury minister warns that there may be some pain, but the intended cuts of billions of dollars will be 7 % of GDP and sufficient degree to cause stagnation.”

“Such a recession will be worse than most economists believe that our economy has spanned further by comparing it with $ 27 trillion in financial and critical stimulation since 2008, and 2 trillion dollars or about one year is still a record deficit even though the cash stimulus is withdrawn.”

“It is a good idea to make such discounts, but is naive to reduce the economy’s ability to absorb them at this time.”

Doug Shahd in federal consulting contracts; He wants the waste to be determined

Although Dog’s mission of reducing federal budgets, firefighting staff and accessing sensitive information has received widespread criticism from both ordinary politicians and Americans, the administration claims that its measures amounted to $ 115 billion in savings.

A mixture of contract rental, stopping fraudulent or improper payments and cancellation of grants is what led to this number, according to the DOGE website.

Capacity 115 billion dollars in savings It will save an average of $ 714.29 for every taxpayer, based on 2022 numbers of 161 million taxpayers in individual income.

Dent Musk encouraged budget -making decisions with an accurate teeth, as it is committed to its expectations that the economic shrinkage will reach the American economy between 2025 and 2027.

“My experience was the transformation management. The secret of that is not only the cost reduction, well?

He added: “I love change, and I can make 10 times the change in half of the time if something fails if it sails along and you have to fight stagnation, and people do not want this. The change is always troubled.”

He pointed out that a graduate of the Harvard University’s Business Administration, the first job for the economy of the economy now after the college at Bain & Company, was similar in principle for the role of Musk in Doge.

“You have to go there and know what already causes these costs and reduce these fixed costs. In other words, you have to do a surgical reduction,” Dent said.

“I can go to a healthy work and reduce 20 % in the heartbeat of its fixed cost. I can go in an unhealthy work, what I used to (do), and reduce 50 % of the fixed cost and this makes you tend and mean,” expanded. “This is what we need.”

A White House spokesman told Fox News Digital in a statement.

Although it seems that Musk – at the moment – is “nothing” government savings movements, “it’s better than nothing.”

“We do not need to say,” We’ll only cut this entire section, and we will decrease 50 % of this section, “assume the economy.” This is not the way to reduce costs. So I would like to say that Musk, with all his experience, did not get many of them on the side of the transformation as it happened. I did not intend to get it, but I got it in the garden. “

“Anyone (who was) is present in the transformation will tell you that you selectively cut you to make yourself in good health. You do not prevent panic to keep death,” Dent continued.

I told Musk exclusively Larry Kudlo Fox Business that his team is doing his best to stay “A transparent line separately” On federal expenses planning a slide.

on Fox News report “with Brett Bayer“On Thursday, Musk said,” We want to reduce spending by eliminating waste and fraud and reducing spending by 15 %, which seems to be truly investigating … the government is not effective, and there is a lot of waste and fraud. So we feel confident that a 15 % reduction can be made without affecting any critical government services. “

But the revival of the “most motivated economy” that Dent lived may take some time, because it is believed that there must be some financial pain that must be completely returned from artificial stimulation that is to reaction to the epidemic.

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“People will lose their functions in some industries and things. But this must happen, which is (A) a long -term benefit. It is a good thing for people in these old industries.

“Most likely, it should have happened (in) 2022, 23, that was when the population composition was still weak,” Dent pointed out. “This was the perfect time. But we rode. It was weak … We are in the end we are shaking and preparing for the millennium. We can enter it in good health instead of paralysis.”

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Michael Dorgan Business Fox contributed to this report.