Wall Street Finally Admits DOGE's Work To "Detox" Government Is Critical, But Will Be Brutally Painful

Almost two years ago we revealed "The $1 Trillion "Stealth Stimulus" Behind Bidenomics", which for the sake of brevity we exposed as budget-busting, debt-funded "stimulus" payments that flowed straight into the "government spending/investment" line item of the GDP ledger, providing a powerful and instant boost to GDP (through extremely inefficient and corrupt allocation of resources by govt bureaucrats), which cost $1 trillion in Federal debt every 100 days. And while nobody in the Biden admin cared about the massive debt incurrence it left in its wake, everyone was delighted by the artificial sugar rush this debt-fueled spending spree afforded GDP by way of the US government as shown below.

It is this artificial "growth" and the associated debt cancer that DOGE is trying to root out, while reviving the private sector. Unfortunately, that pernicious transition which took place gradually but (almost) irreversibly over the past decade, will be brutal and stubborn to reverse.