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Belle of the Ranch

Let's talk about Trump and money from DOGE....

Belle of the Ranch

Belle of the Ranch

Society & Culture

4.91K Ratings

🗓️ 20 February 2025

⏱️ 5 minutes

🧾️ Download transcript

Summary

Let's talk about Trump and money from DOGE....

Transcript

Click on a timestamp to play from that location

0:00.0

Well, howdy there, Internet people, it's Bell again. So today, we're going to talk about Doge

0:07.8

dividend, Trump, and math. The suggestion was put forward to Musk about returning the savings

0:14.5

Doge fines to the people via a tax refund. The proposal said that they'd return 20% of the savings to the people.

0:23.5

Elon replied to the suggestion by saying he'd discuss it with Trump. People got excited.

0:30.1

Word spread on social media of $5,000 tax checks. Some people talked about what they would do

0:36.2

with their $5,000. It was a neat little moment shared

0:40.2

by Trump supporters. But like most daydreams, reality comes crashing in eventually. In today's

0:48.0

daydream, I'll be playing the role of reality. So, where did the $5,000 number come from? It came from taking 20% of the anticipated

0:59.0

doge savings and dividing that by the roughly 79 million taxpaying households. What is the

1:06.1

anticipated doge savings in this formula? $2 trillion.

1:11.6

But Congress has already said that $2 trillion number isn't happening.

1:16.6

What are the savings Doge can actually claim at this point?

1:21.6

About $55 billion in claimed savings.

1:24.6

Keep in mind, this includes some of the things that won't actually be savings

1:29.9

in the long term. Some of them have prompted legal battles that will probably cost more than the

1:36.2

potential savings themselves. And many of the firings will cause productivity issues, which will cost

1:43.3

more in the long run.

1:45.3

And a lot of the reduction in soft power will lead to much more expensive hard power situations

1:50.8

later and so on. It's unclear whether these claimed savings include Elon discovering the

1:58.4

150-year-olds on Social Security. I'm also not sure if they've

2:03.4

realized yet that they didn't discover massive fraud, but instead discovered an old programming

2:09.7

language that led them to believe there were 150-year-olds on Social Security. Just as a really

...

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