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DOGE unveils a roadmap, Unlocking GDP Growth, WW3 escalation, Fat cell memory

Episode 2024-11-232024-11-23EnglishMembers only
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§01The DOGE plan: audits, executive action and two court rulings

Episode 205 opens with Jason Calacanis noting an All-In holiday event in San Francisco on December 7, with a $50 Zoom livestream for those who cannot attend. He then turns to the Wall Street Journal op-ed by Elon and Vivek on DOGE, the Department of Government Efficiency.

As Calacanis summarizes it, the plan would cut overbearing regulation and unnecessary administrative roles, staffed by founders rather than politicians and working with the White House Office of Management and Budget. It would first target $500 billion in annual federal spending not authorized by Congress, then fix procurement through large audits during temporary payment suspensions, using executive action under existing law.

The legal basis is two Supreme Court rulings: West Virginia v. EPA, which limits agencies on major economic questions without congressional authorization, and Loper Bright v. Raimondo, which overturned the Chevron doctrine. DOGE says the two together suggest the following.

a plethora of current federal regulations exceed the authority Congress has granted under the law

DOGE would use software and legal experts to list regulations Trump could pause immediately, and Calacanis says Elon described a leaderboard.

§02Friedberg: a debt spiral and an 18-month window

Friedberg estimates DOGE has about 18 months before the midterms. He expects backlash, heavy litigation and politicization, because the actions will have to be fast and aggressive. He says nothing in the proposal strikes him as anything but obvious and right, and he argues Democrats should have claimed the issue rather than opposing it.

we are in an arithmetic debt spiral. There is no way out of it.

In his view, cutting bureaucracy and wasteful spending could extend the country another 50 or 100 years. He suggests that outspoken, difficult leaders may be what a short window requires.

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