The director of the National Economic Council, Kevin Hassett, expressed concern over government employees performing work of questionable value compared to the private sector during an interview on Fox Business. He highlighted a notable shift in the economy with a reduction of 59,000 federal jobs since President Trump took office, partly attributed to Elon Musk's oversight of mass layoffs in the government workforce. Hassett argued that transitioning skilled workers to the private sector could yield positive outcomes, reaffirming the idea that the ongoing changes reflect a profound transformation in economic dynamics.
The federal government workers are, you know, they're hard working, a lot of them are highly skilled. But they're sitting doing government work that isn't much value.
When they lose their government job, it usually creates about two jobs—one for them and one for someone else—if you put them to work in the private sector.
Despite Musk's initial claim that he could save the government $2 trillion, the organization, the DOGE website lists just $180 billion.
We're seeing a shift in the economy... It's a really profound shift in the economy.
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