Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
No. of Recommendations: 16
It is likely that Trump will have Musk work on government "efficiency". The key problem here is most of government is a service organization, as opposed to a manufacturing operation. In the Musk biography from Isaacson, it is noted that the primary way Musk improves efficiency is to keep subtracting things until it breaks. His mantra was if you don't have to put at least a few things back, you have not subtracted enough. So basically, break it and then fix it. How do you know when you have "broken" the service organization? Is there some sort of threshold for the rate of complaints? Who is monitoring and tracking those complaints if the organization has been gutted?
It is likely there will be significant reductions in support for the IRS. If you have questions or problems it is increasingly unlikely you will be helped. Just do the best you can and certainly err on the side of giving yourself the benefit as enforcement is going to be very weak. It will be interesting to see how much tax revenue declines as enforcement is reduced.
A bigger issue is if you have problems with Medicare or SS benefits as it is increasing unlikely you will be able to get help to resolve the issues.
If you are a corporation, feel free to violate all regulations as it is unlikely there will be any enforcement mechanism left.
Interesting times...
No. of Recommendations: 2
In your opinion is the government functioning very efficiently right now?
No. of Recommendations: 2
For the most part... yes.
Alan
No. of Recommendations: 2
I guess I don't have any metrics to measure this by.
I do have some personal experience and it is generally positive these days.
Medicare, SS, and local DMV are all excellent for me. I know IRS enforcement has been measured and is generally weak and needs to be bolstered a bit.
Alan
No. of Recommendations: 1
Interesting times...
The image that comes to mind is clowns taking over the cockpit of a 747 at 39,000 feet over the Pacific.
Except that no one will have trouble finding the wreckage.
And of course the clowns at Clown Central will blame the original pilots.
No. of Recommendations: 0
A bigger issue is if you have problems with Medicare or SS benefits as it is increasing unlikely you will be able to get help to resolve the issues.
I need to contact SS sooner than later. I have an issue I need to resolve and I have a feeling that in the future it will be hard to get any help at all.
No. of Recommendations: 2
Dope: In your opinion is the government functioning very efficiently right now?
Dope, in your opinion has the government ever functioned efficiently?
For that matter has any government in the history of the world functioned efficiently in your opinion?
