Thank You, DOGE!
In his latest podcast from Wednesday night, Peter addresses the renewed buzz surrounding Elon Musk’s Department of Government Efficiency (DOGE). Peter argues that no matter how many cuts are made, the government’s nature ensures that fraud and abuse will persist. Without market forces exerting pressure on bureaucrats, the state has to reason to spend and allocate resources wisely.
To kick off the show, Peter details the bold moves made by the DOGE team operating out of the White House, arguing that their progress—while impressive—is still insufficient for the fiscal challenges ahead:
The representatives of Doge actually have authority granted to them by the president to go through various agencies and departments and try to eliminate what they can without congressional approval, spending that is determined to be wasteful, fraudulent, abusive– and they’re actually making quite a bit of progress. Now, while I think that they are going to be able to make some cuts far more than anything that we saw with the Grace Commission, I don’t think it’s going to be nearly enough to get us out of jail as far as paying for the tax cuts.
Peter then turns his attention to the very nature of government, arguing that waste, fraud, and abuse are inevitable when bureaucrats have no real incentive to be efficient:
They are going to find waste
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LewRockwell.com is a libertarian website that publishes articles, essays, and blog posts advocating for minimal government, free markets, and individual liberty. The site was founded by Lew Rockwell, an American libertarian political commentator, activist, and former congressional staffer. The website often features content that is critical of mainstream politics, state intervention, and foreign policy, among other topics. It is a platform frequently used to disseminate Austrian economics, a school of economic thought that is popular among some libertarians.
