Comment on DOGE Claimed It Saved $8 Billion in One Contract. It Was Actually $8 Million.
Limonene@lemmy.world 1 month ago
The amount saved was actually negative, because the contract would have brought in more than $8M in value.
Comment on DOGE Claimed It Saved $8 Billion in One Contract. It Was Actually $8 Million.
Limonene@lemmy.world 1 month ago
The amount saved was actually negative, because the contract would have brought in more than $8M in value.
trustnoone@lemmy.sdf.org 1 month ago
Yeah, you also have to be careful of how you view “saving” in a government context. Your not trying to horde wealth like a ceo. Not supporting contracts and businesses can many times mean unemployment for staff, which starts to negatively affect your economy overall and affect spending leading to less taxes and less money going back to the government. While also increasing either social aid to support them or police presence for people going through hard times.
piccolo@sh.itjust.works 1 month ago
Long term investments are kryptonite for modern vulture captialists that want profit now
pdxfed@lemmy.world 1 month ago
And by vulture venture capitalists you mean nearly every publicly traded company, which is almost every company you’ve ever heard of. It’s why you have to constantly be on the defensive even when buying a pack of gum. Is it full of poison? Too much sugar? Do they use slave labor to produce the product? Are they funding genocide in central America? Why is the price 3x last year?
By welding insatiable, unregulated capitalism as the sole way of operating our economy, we guarantee that quality and human-positive outcomes are eaten up, taken over, destroyed, monetized, privatized or enshittified.
I just want to buy a pack of gum in a reasonable world that doesn’t need to support CEO levels of wealth and all the horrific downstream practices and cost cutting that comes with it