DOGE caucus plans for biggest impact, eyeing key tools to expedite cutting waste

The DOGE caucus on Thursday discussed strategic ways to address as much government waste as possible.

Source: DOGE caucus plans for biggest impact, eyeing key tools to expedite cutting waste

It's gonna be brutal.

I pity the poor Americans who'll be affected by these cuts.

Glad I live in Canada where I'm safe.

Quote from: JOE on January 18, 2025, 03:53:43 PMIt's gonna be brutal.

I pity the poor Americans who'll be affected by these cuts.

Glad I live in Canada where I'm safe.

Why would you be against cutting waste Sweetie. How does wasting tax dollars benefit you?

Besides, I pay for your lube, not Uncle Sam.

Quote from: JOE on January 18, 2025, 03:53:43 PMIt's gonna be brutal.

I pity the poor Americans who'll be affected by these cuts.

Glad I live in Canada where I'm safe.

I liked you better when you werent here.

Quote from: Thiel on January 18, 2025, 04:24:54 PMWhy would you be against cutting waste Sweetie. How does wasting tax dollars benefit you?

Besides, I pay for your lube, not Uncle Sam.

Here josephine, just in case you missed what Thiel said....BITCH!

Quote from: Thiel on January 18, 2025, 04:24:54 PMWhy would you be against cutting waste Sweetie. How does wasting tax dollars benefit you?

Besides, I pay for your lube, not Uncle Sam.

There is so much money spent that only benefits a privileged few. Usually Democrats. That will not continue on my watch.

We need our own 'DOGE' in 2025 to unleash Canadian economy
https://www.fraserinstitute.org/commentary/we-need-our-own-doge-2025-unleash-canadian-economy?utm_medium=paid&utm_source=fb&utm_id=6687873645596&utm_content=6687873646396&utm_term=6687873645996&utm_campaign=6687873645596&fbclid=IwY2xjawH5OsRleHRuA2FlbQEwAGFkaWQAAAYVJF-S_AEdlF039dTsbm14nIYX7zG5U6kdgfMJHX9r5SoBxSzyjw8mdx0XWYOJG6Eo_aem_7HvHcbc8x800FRTiIu_eqA
Canada has a regulation problem. Our economy is over-regulated and the regulatory load is growing. To reverse this trend, we need a deregulation agenda that will cut unnecessary red tape and government bloat, to free up the Canadian economy.

According to the latest "Red Tape" report from the Canadian Federation of Independent Business, government regulations cost Canadian businesses a staggering $38.8 billion in 2020. Together, businesses spent 731 million hours on regulatory compliance—that's equal to nearly 375,000 fulltime jobs. Canada's smallest businesses bear a disproportionately high burden of the cost, paying up to five times more for regulatory compliance per-employee than larger businesses. The smallest businesses pay $7,023 per employee annually to comply with government regulation while larger businesses pay $1,237 per employee.

Of course, the Trudeau government has enacted a vast swath of new regulations on large sectors of Canada's economy—particularly the energy sector—in a quest to make Canada a "net-zero" greenhouse gas (GHG) emitter by 2050 (which means either eliminating fossil fuel generation or offsetting emissions with activities such as planting trees).

For example, the government (via Bill C-69) introduced subjective criteria—including the "gender implications" of projects—into the evaluation process of energy projects. It established EV mandates requiring all new cars be electric vehicles by 2035. And the costs of the government's new "Clean Electricity Regulations," to purportedly reduce the use of fossil fuels in generating electricity, remain unknown, although provinces (including Alberta) that rely more on fossil fuels to generate electricity will surely be hardest hit.

Meanwhile in the United States, Donald Trump plans to put Elon Musk and Vivek Ramaswamy in charge of the new Department of Government Efficiency (DOGE), which will act as a presidential advisory commission (not an official government department) for the second Trump administration.

"A drastic reduction in federal regulations provides sound industrial logic for mass head-count reductions across the federal bureaucracy," the two wrote recently in the Wall Street Journal. "DOGE intends to work with embedded appointees in agencies to identify the minimum number of employees required at an agency for it to perform its constitutionally permissible and statutorily mandated functions. The number of federal employees to cut should be at least proportionate to the number of federal regulations that are nullified: Not only are fewer employees required to enforce fewer regulations, but the agency would produce fewer regulations once its scope of authority is properly limited."

If Musk and Ramaswamy achieve these goals, the U.S. could leap far ahead of Canada in terms of regulatory efficiency, making Canada's economy even less competitive than it is today.

That would be bad news for Canadians who are already falling behind. Between 2000 and 2023, Canada's GDP per person (an indicator of incomes and living standards) lagged far behind the average among G7 countries. Business investment is also lagging. Between 2014 and 2021, business investment per worker (inflation-adjusted, excluding residential construction) in Canada decreased by $3,676 (to $14,687) while it increased by $3,418 (to $26,751) per worker in the U.S. And over-regulation is partly to blame.

For 2025, Canada needs a deregulatory agenda similar to DOGE that will allow Canadian workers and businesses to recover and thrive. And we know it can be done. During a deregulatory effort in British Columbia, which included a minister of deregulation appointed by the provincial government in 2001, there was a 37 per cent reduction in regulatory requirements in the province by 2004. The federal government should learn from B.C.'s success at slashing red tape, and reduce the burden of regulation across the entire Canadian economy.

I can't believe Canada and the US don't have a fiscal watchdog department already. No wonder both countries are so debt-ridden.

Quote from: Lokmar on January 18, 2025, 05:31:32 PMHere josephine, just in case you missed what Thiel said....BITCH!

I shudder ta think the Cruelty & the PAIN yer Trump will inflict upon America & eventually the World...Lokmeer!

So much sadness will he cause in your Once Great Country.

Oh the horror...it will be dreadful.

Quote from: JOE on January 18, 2025, 11:42:48 PMI shudder ta think the Cruelty & the PAIN yer Trump will inflict upon America & eventually the World...Lokmeer!

So much sadness will he cause in your Once Great Country.

Oh the horror...it will be dreadful.

He's going to kill you, josephine. DIE, DIE, DIE!!!!

Quote from: Thiel on January 18, 2025, 04:24:54 PMWhy would you be against cutting waste Sweetie. How does wasting tax dollars benefit you?

Besides, I pay for your lube, not Uncle Sam.

Apppointed heads of government departments putting Canada and the US into debt unnecessarily is a good thing according to geriatric virgin trolls. It's worked so well under Trudeau and Biden.

Joe's only interest in North American politics is to troll. He trolls because he is seventy and has no life.

He will not be here long. Your boyfriend is already taking liberties with our spamming rules on the Shoutbox. The crybaby will be posting another thread for his other boyfriend Eddie how he is being censored for breaking our rules.

Quote from: DKG on January 19, 2025, 06:49:03 AMApppointed heads of government departments putting Canada and the US into debt unnecessarily is a good thing according to geriatric virgin trolls. It's worked so well under Trudeau and Biden.

Joe's only interest in North American politics is to troll. He trolls because he is seventy and has no life.

He will not be here long. Your boyfriend is already taking liberties with our spamming rules on the Shoutbox. The crybaby will be posting another thread for his other boyfriend Eddie how he is being censored for breaking our rules.

I'm gonna invest $100,000 this year.... DKG DKG!

Yer a financial planner....so what do ya think I should invest in?

I keep hearing stories that the economy is goin into the tank & 2025 will be a slow year, eh?

I was gonna park my money on the side.

Maybe GIC's or Money Market the best place ta be these days, eh?

Quote from: Lokmar on January 19, 2025, 01:59:09 AMHe's going to kill you, josephine. DIE, DIE, DIE!!!!

Also, Trump's plans to revive the Economy & Manufacturing may not come to fruition for several years...Lokmeer!

Even if it eventually works, it still takes time ta do that

And America has to build up its manufacturing base again, re-tool the economy & retrain its workers etc.

That's why I think commodities will be the place to be...at least for the next 5 possibly 10 years.

Quote from: JOE on January 19, 2025, 12:56:13 PMAlso, Trump's plans to revive the Economy & Manufacturing may not come to fruition for several years...Lokmeer!

Even if it eventually works, it still takes time ta do that

And America has to build up its manufacturing base again, re-tool the economy & retrain its workers etc.

That's why I think commodities will be the place to be...at least for the next 5 possibly 10 years.

A shame you libs wont live to see it since he's Literal Hitler and is going to kill you all, ehh, buddy?

Quote from: Lokmar on January 19, 2025, 12:59:22 PMA shame you libs wont live to see it since he's Literal Hitler and is going to kill you all, ehh, buddy?

Not me...cuz I live in the last bastion of Liberal Democracy in North America...eh Lokmeer?

Anyways, politics aside I think commodities might be the place to invest during Trump 2.0 Lokmeer.

Oil, copper, gold, silver, natural gas, the procurement of water, etc.

History has shown that when economic times are slow or tough, major economies tend to invest in raw materials, because they are either waiting for the next big boom ta happen or are in the process of creating one, eh?

That's why I think the corporations may end up writing off the 2020s decade & hoping for something better by 2030.