The U.S. Office of Management and Budget under Trump released and rescinded a memo on a federal aid freeze, creating widespread confusion for Americans and Congress. Neera Tanden, former U.S.
To contextualize a chaotic first 10 days for the federal government in President Donald Trump’s second term, some have pointed to Elon Musk’s purchase of Twitter. The comparison is apt: The email offering federal workers “deferred resignations” shared a title with a November 2022 email Musk sent Twitter employees demanding their loyalty or their resignations. But there’s a broader parallel to consider: The Trump administration is taking a “vulture capitalist” approach to government.
And, just for good measure, he fired 18 inspectors general, since why would looters want anyone but their own people minding the store? Of course, we know what usually comes next in the business world: The new owners’ “efficiencies” don’t fix anything. Rather, they reduce the quality of the product and/or service, leading the company’s value to crater . To make up shortfalls, executives cut even further, creating a doom loop until the company declares bankruptcy.
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