Joe Lonsdale: DOGE Cut About $150-160 Billion ... That’s Very Impressive

EXCERPT:

LONSDALE: "You know, listen, I think they’ve cut what, about 150, $160 billion dollars? And everyone likes to scoff at it and make fun of it. That's $150 billion per year. So what is that worth from an equity perspective? Well, based on the cost of capital for the government, that's $3 trillion. So, anyone else who hasn’t already created ta $3 trillion company in 150 days, it’s not something to scoff at, right' This is something that's very impressive. Now, he is not allowed to stay longer, but I have a lot of really smart friends who are in the government, who are working on DOGE, who are pushing us further. I hope they take 150 and they double it, and if they do, that’s another few trillion dollars of value for our country and this is amazing. And not only is it value for our country, a lot of it is turning off a lot of stuff that was really corrupt. So I think they’ve done a great job overall. I think they’re going to keep fighting, I hope they keep fighting hard on it."