#Economy & #Stocks Review - $5000 D.O.G.E. Dividend
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| E&S Review |
Much of today’s economic data, including officially collected and produced time series, is highly unreliable. Statisticians use well-documented techniques such as geometric smoothing, seasonal adjustments, substitution, double counting, and hedonic adjustments to modify economic outcomes dating back to the 1980s. Politicians and central bankers often leverage these techniques for political gain.
Data manipulated by these statistical methods are frequently revised without clear notification to the public, especially when administrations or public policies change.
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$5000 D.O.G.E. Dividend
The “DOGE Dividend” is a proposal to give American taxpayers a refund check using savings from the Department of Government Efficiency (DOGE). The idea was suggested by James Fishback, an investment firm CEO, and has gained attention from Elon Musk. The proposal aims to take a portion of the savings achieved by DOGE and return it to taxpayers as a dividend. If DOGE achieves its goal of cutting $2 trillion in federal spending, each taxpaying household could receive a refund of about $5,000.
The proposal is still under consideration, and Musk has mentioned that balancing the budget should be the first priority
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BREAKING: DOGE head Elon Musk said he would ask President Donald Trump about a proposal for a “DOGE Dividend” that would give taxpayers a refund check of $5,000 funded by the savings from his Department of Government Efficiency.
— unusual_whales (@unusual_whales) February 19, 2025
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Source: http://www.edegrootinsights.com/2025/02/economy-stocks-review-5000-doge-dividend.html
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