मैगज़्टर गोल्ड के साथ असीमित हो जाओ

मैगज़्टर गोल्ड के साथ असीमित हो जाओ

10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ

$149.99
 
$74.99/वर्ष

कोशिश गोल्ड - मुक्त

Is Privatizing Public Services the Ulterior Motive of DOGE?

Mint Hyderabad

|

March 20, 2025

Trump's supporters may well be hit the hardest by such an agenda

- Patricia Lopez

U.S. Republicans have long thought that what the federal government does can be done better, faster, or cheaper by the private sector. So it should not shock anyone that U.S. Treasury Secretary Scott Bessent recently revealed a larger agenda that sheds light on the Trump administration's seemingly indiscriminate cuts to federal workers and agencies. President Donald Trump's overarching goal, Bessent said, is to "reprivatize the economy."

That casts Elon Musk and his unofficial Department of Government Efficiency (DOGE) in a new light—as the vehicle for slashing agency functions to a skeletal state and outsourcing the rest to what would be a much more lightly regulated private sector. Musk himself at a recent Morgan Stanley conference suggested that the government privatize "as much as possible."

The DOGE cuts so far are not enough to make a dent in the national debt or offset Trump's proposed tax cuts for the wealthy. Nor do they make government more efficient, which would require a thoughtful assessment. There is no evidence that the "fraud, waste, and abuse" Musk claims to have discovered amounts to anything more than spending with which he and Trump disagree.

But as a means to push the nation closer to mass privatization of services? Now the cuts make sense.

Mint Hyderabad से और कहानियाँ

Mint Hyderabad

Mint Hyderabad

What's the ideal policy response to China's tidal wave of exports?

Import barriers don't work but policymakers must still address its impact on domestic innovation, jobs and national security

time to read

4 mins

December 02, 2025

Mint Hyderabad

KOCHI'S BOATS CHART A NATIONAL COURSE

India wants to modernize its ancient waterways for mass transit. Can it be a game changer?

time to read

8 mins

December 02, 2025

Mint Hyderabad

Mint Hyderabad

Automakers report brisk sales in Nov, demand remains robust

With demand continuing to be strong post the festive season, leading automakers, Maruti Suzuki, Tata Motors and Mahindra & Mahindra, saw robust sales growth in November as compared to a year ago.

time to read

1 mins

December 02, 2025

Mint Hyderabad

BHP said to have offered £40 bn in aborted Anglo bid

BHP Group had offered around £40 billion ($53 billion) in its now-aborted attempt to acquire Anglo American Plc, according to people with knowledge of the matter.

time to read

1 min

December 02, 2025

Mint Hyderabad

Mint Hyderabad

With health in mind, Indians are rethinking their 'kadais'

New research and rising awareness are driving households to switch to safer options like cast iron and tri-ply cookware

time to read

3 mins

December 02, 2025

Mint Hyderabad

Mint Hyderabad

FinMin rejects Post's claims of influence on LIC investments in Adani cos

The finance ministry does not issue any advisory or direction to Life Insurance Corp. of India (LIC) on matters related to investments, finance minister Nirmala Sitharaman told Parliament on Monday, reiterating that the state-run insurer operates independently.

time to read

2 mins

December 02, 2025

Mint Hyderabad

Piramal to raise $1.67 bn locally

Piramal Finance aims to raise around ₹15,000 crore ($1.67 billion) in the December-March period, focusing mostly on local borrowing, a company official said.

time to read

1 min

December 02, 2025

Mint Hyderabad

Centre to sell up to 6% in Bank of Maharashtra

State-owned lender Bank of Maharashtra is likely to see a stake dilution as the government plans to divest up to a 6% stake through an offer for sale starting Tuesday.

time to read

1 min

December 02, 2025

Mint Hyderabad

Mint Hyderabad

'Sebi to revamp master circular for stock exchanges'

The markets regulator is planning to revise the master circular for stock exchanges within the “next few months”, said Tuhin Kanta Pandey, chairman, Securities and Exchange Board of India (Sebi), on Monday.

time to read

1 mins

December 02, 2025

Mint Hyderabad

GST reset riddle

India’s latest data on goods and services tax (GST) collections was keenly awaited as a signal of the impact of midyear rate cuts.

time to read

1 min

December 02, 2025

Listen

Translate

Share

-
+

Change font size