In a previous life, I was a credit manager. Once for an equipment leasing company, and the other time for a manufacture. So I saw a lot of companies go bankrupt, and I was even on a couple of chapter 11 committees. Most never recovered, but a couple did.

Point is, it’s surprisingly easy for a company to get so big and so mismanaged that nobody knows where the money is going to. Having never run a large business from start to finish, I used to be surprised at how that could happen. But then later I had P&L responsibility for only certain business segments, I learned the hard way how easy it is for things to get out of control.

Now, imagine you’re the federal government. You have no revenue issues. If you need more revenue you just ask for it or make it up, you don’t have to improve a product or sharpen customer service to win more customers. You just ask for more money and it magically appears. That’s how we end up in the situation we are in now where 90% of the federal work force stays home to do their job which means the majority are probably working at 10% capacity.

When Musk took over Twitter, he famously downsized 80%. Twitter functions better today than it ever has. I’m sure we could downsize the federal government by 50% and the remaining people actually work and no one would see a difference.

The other point is these Democrats crying they’re in favor of analyzing and improving the federal government efficiency, but we’re going to fast. But, if you don’t cut drastically, you’ll never cut it all.

I suspected if we all know the truth of where our tax money really went we, would be shocked. I wonder if we cut taxes by 50% and then forced the budget covering discretional funding to be balanced, within a couple of years, we’d be fine.

My company’s business is heavily tied into commercial real estate and that segment has plummeted because there’s so many vacancies in office buildings. I don’t know what the exact number is but it wouldn’t surprise me. It was 90%. I doubt it’s less than 50%. Although obviously there are some jobs which can’t be done anywhere other than on site. If there were a way to figure out the percentage of those working from home who have a choice l. I’m gonna go with 90%.