{"id":2932,"date":"2024-11-19T05:16:35","date_gmt":"2024-11-19T05:16:35","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=2932"},"modified":"2024-11-19T05:16:35","modified_gmt":"2024-11-19T05:16:35","slug":"economics-professor-doubts-impact-of-dogecoin-inspired-elon-musk-led-department-on-federal-deficit-cites-this-as-major-concern","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=2932","title":{"rendered":"Economics Professor Doubts Impact Of Dogecoin-Inspired, Elon Musk-Led Department On Federal Deficit, Cites This As Major Concern"},"content":{"rendered":"<div>\n<p>A Washington State University economics professor has cast doubt on the <a href=\"https:\/\/www.benzinga.com\/news\/global\/24\/11\/41927289\/trump-appoints-elon-musk-and-vivek-ramaswamy-to-lead-doge-targeting-bureaucracy-and-65-trillion-federal-spending-we-will-not-go-gently\">effectiveness of the newly proposed<\/a> Department of Government Efficiency named after cryptocurrency <strong>Dogecoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/doge\/usd\">DOGE<\/a>) in addressing the federal deficit, highlighting data showing most government spending goes to entitlement programs rather than bureaucratic salaries.<\/p>\n<p><strong>What Happened<\/strong>: <strong>Christopher Clarke<\/strong>, assistant professor at WSU\u2019s School of Economic Sciences, pointed to long-term federal employment trends showing the proportion of federal workers in the labor force has actually decreased from 4.3% in 1968 to 1.9% today, despite population growth.<\/p>\n<p>\u201cThe number of federal government employees has remained roughly the same for over 60 years,\u201d &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/news\/global\/24\/11\/42054220\/economics-professor-doubts-impact-of-dogecoin-inspired-elon-musk-led-department-on-federal-deficit-ci\" alt=\"Economics\" professor doubts impact of dogecoin-inspired elon musk-led department on federal deficit cites this as major concern>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A Washington State University economics professor has cast doubt on the effectiveness of the newly proposed Department of Government Efficiency named after cryptocurrency Dogecoin (CRYPTO: DOGE) in addressing the federal deficit, highlighting data showing most government spending goes to entitlement programs rather than bureaucratic salaries. What Happened: Christopher Clarke, assistant professor at WSU\u2019s School of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-2932","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2932","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2932"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2932\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2932"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2932"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2932"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}