Donald Trump on Tuesday announced that billionaire Elon Musk and failed presidential candidate Vivek Ramaswamy will play a role in his incoming administration — and his plan is equal parts cockamamie and conflicted, with all sorts of problems and potential roadblocks.
So let’s count the ways, starting with the name. In Trump’s announcement, Musk and Ramaswamy are set to co-chair the “Department of Government Efficiency,” or DOGE. That abbreviation is the first hint that this project exists at least in part to serve Musk and his cronies. “DOGE” appears to be a reference to the cryptocurrency Dogecoin, which has long benefitted from Musk’s support, so this new government-adjacent group doubles as a promotion for a Musk-adjacent product. The value of Dogecoin — along with many cryptocurrencies — had already spiked in the aftermath of Trump’s election win.
Trump’s announcement refers to Musk and Ramaswamy as “two wonderful Americans” who “will pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure federal agencies.”
Musk is quoted in the announcement as saying this “department” will send “shockwaves through the system, and anyone involved in Government waste, which is a lot of people!” That lines up pretty well with the “hardship” he told Americans to expect if Trump was elected. Musk has openly called for cutting a third of government spending — a plan that, as executed by Argentina’s Trump-friendly strongman Javier Milei, caused the poverty rate to reach 50% in the ensuing months. Even some conservatives have said Musk’s plans to take a chainsaw to government spending are absurd.
Ramaswamy’s ideas are even more extreme: As a presidential candidate, he called for cutting 75% of the federal workforce, which would “unravel significant parts of the civil service and disrupt government services that are central to the operation of modern American society, including law enforcement, background checks for firearm purchases, student financial aid and special education programs,” according to The New York Times.








