The Economic Consequences of State Capture
Energie
Since returning to office, U.S. President Donald Trump and his benefactor, the tech billionaire Elon Musk, have taken a chainsaw to the government. In just over three months, Musk has purged agencies of staff, replaced fired workers with loyalists, and canceled existing public contracts—including for completed work. Trump, meanwhile, has fired inspectors general and removed the head of the Office of Government and Ethics. Together, the two men have taken resources that Congress had appropriated,
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