Whatever the truth about the levels of waste, fraud, and abuse in federal spending -- and I have no doubt that there's a lot of it -- Elon Musk's public statements on the subject have not shown themselves worthy of trust. The New York Times just compiled a few examples (gift link): /1
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The COVID programs are a terrible example because they were enacted incredibly quickly intentionally to favor getting money into people’s hands ASAP over any other purpose.
Also that we know of that fraud prior to DOGE proves oversight largely works (excl. DoD).