In the long run, it damages the company because they focus on the next round of subsidies instead of making better products and reducing costs,” said Chris Edwards, an economist with the Cato Institute, a libertarian think tank.
Trump leans on business deals, shuns Biden's government-powered economy
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Chris Edwards, who edits DownsizingGovernment.org at the conservative Cato Institute in Washington, said buyouts symbolize the important difference between the Clinton effort, which he called “moderately successful,” and the current DOGE campaign - the involvement of Congress.
Donald Trump, Musk aren't first to make deep cuts. Clinton-era Reinventing Government saved billions
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