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Andy Fately's avatar

It doesn't seem hard to believe that $600B - $800B of fraud and waste could be saved without reducing programs to beneficiaries. if you add on the removal of some superfluous programs, like Education and Housing, $1 trillion would be almost easy. as well, by removing waste, this would cut baseline spending going forward.

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The Gryning Times's avatar

btw - if you know someone that may benefit from getting access to Investing by Design, I would appreciate it if you could share this with them.

https://open.substack.com/pub/thegryningtimes/p/investing-by-design?r=7c553&utm_campaign=post&utm_medium=web&showWelcomeOnShare=false

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The Gryning Times's avatar

Your notion reminds me of something Brad Gerstner said:

"assuming a conservative 3.5% annualised revenue growth rate by the US government, a 3% reduction in expenses each year would have the government back to a breakeven budget by 2029."

https://www.youtube.com/watch?v=-7bJtS7koQM&t=465s

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