Charles Hugh Smith's Substack

Charles Hugh Smith's Substack

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Charles Hugh Smith's Substack
Charles Hugh Smith's Substack
Slashing $2 Trillion from "The Swamp"--Three Things

Slashing $2 Trillion from "The Swamp"--Three Things

There is no way to cut federal spending without reconfiguring the economy from the ground up, starting with healthcare.

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Charles Hugh Smith
Nov 27, 2024
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Charles Hugh Smith's Substack
Charles Hugh Smith's Substack
Slashing $2 Trillion from "The Swamp"--Three Things
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The words "government" and "efficiency" are rarely found in each other's company, because efficiency isn't integral to the function of government the way it is in private enterprise.

Efficiency is an oft-stated goal, of course, and given ample lip-service in PR, but the coin of the realm in government isn't efficiency, it's influence, as the squeakiest w…

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