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Trump expressed satisfaction with Elon Musk's DOGE initiative, anticipating workforce reductions to meet his standards in the coming months. While Cabinet members praised the cuts, experts raised concerns about the potential negative impacts on federal productivity and the economy. Trump acknowledged the unpopularity of these measures but emphasized their necessity, advocating for a more measured approach to cuts.
Danny Moses, known for predicting the 2008 financial crash, warns that cuts to federal spending, particularly under Elon Musk's leadership, could significantly harm the economy. He emphasizes that reducing government expenditures affects not only federal workers but also private sector contracts, potentially leading to a market slowdown and decreased consumer confidence. As uncertainty grows, especially with Trump's tariff policies, small businesses and legitimate contractors may face tough decisions ahead.
Danny Moses
People
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trump expresses satisfaction with workforce cuts amid concerns from experts
17:33 25.03.2025
economic expert warns of recession risks from federal spending cuts
17:25 24.03.2025
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