A National Restructuring
We now have two great businessmen doing their best to get a bad situation under control. They are going to take America through a business restructuring process.
It had to happen, and I am glad it’s finally being done, because the alternative was a blind repetition of activities until things finally collapsed completely.
Because the ship of state is, in fact, both a very complicated and a complex system, no matter how talented Trump and Elon are, there are going to be unexpected and emergent events.
Before we discuss what those might be and how to insulate ourselves from them, let’s discuss a typical business restructuring path. I think you’ll see the obvious parallels to everything that’s been unfolding.
Step 1: Assessment and Diagnosis
The very first thing a newly hired restructuring CEO is going to do is find out how bad things really are. They will need numbers they can trust enough to begin making good decisions. This will begin with a financial audit.
All cash flows, financial statements, and accounting of all debts, liabilities and assets is the very first thing done.
This is DOGE’s work. They are working around the clock, 7 days a week to try and get a handle on the nation’s true financial and fiscal situation. It’s already proven to be an unbelievably hot mess.
The DOGE team has confirmed that $2.7 trillion dollars of Medicare/caid money has gone overseas, which should have never happened. In fact, this has been known about for a long time, but nobody in DC cared enough to do anything about it until now. This is infuriating. It reflects a complete failure of leadership.
In parallel with the financial review, is a complete review of all departments to identify areas of inefficiency or waste.
by cmartenson