Reid Hoffman

Well, in a sense, I would want it to be because I think the refactoring of bureaucracy, the refactoring of efficiency, those are things that I think accurately have gone wrong. There is next to zero chance that the missions that they have declared will be successful because the only way to get $2 trillion out of the budget... would be to massively reduce the deficit and reduce defense spending.

Those are the two areas, or for example, Medicare, Social Security. Those are the areas where the real money is. We want to posture that we just have too many federal employees. And by the way, maybe we do have too many federal employees, but it's not where the trillions of dollars in terms of what you can cut out of the budget, that's not actually where you can get it.

Those are the two areas, or for example, Medicare, Social Security. Those are the areas where the real money is. We want to posture that we just have too many federal employees. And by the way, maybe we do have too many federal employees, but it's not where the trillions of dollars in terms of what you can cut out of the budget, that's not actually where you can get it.

Those are the two areas, or for example, Medicare, Social Security. Those are the areas where the real money is. We want to posture that we just have too many federal employees. And by the way, maybe we do have too many federal employees, but it's not where the trillions of dollars in terms of what you can cut out of the budget, that's not actually where you can get it.

Well, that's generally true for very large financial institutions. And by the way, I think it's an important thing. That's the reason why, like you say, bull bear case on Doge as well. Look, I actually think kind of going through, balancing the books, figuring out the economics, applying kind of fiscal discipline in the way that we do in companies is a very good thing.

Well, that's generally true for very large financial institutions. And by the way, I think it's an important thing. That's the reason why, like you say, bull bear case on Doge as well. Look, I actually think kind of going through, balancing the books, figuring out the economics, applying kind of fiscal discipline in the way that we do in companies is a very good thing.

Well, that's generally true for very large financial institutions. And by the way, I think it's an important thing. That's the reason why, like you say, bull bear case on Doge as well. Look, I actually think kind of going through, balancing the books, figuring out the economics, applying kind of fiscal discipline in the way that we do in companies is a very good thing.

What I think is a false promise is to say, well, the really important thing is if we lay off

What I think is a false promise is to say, well, the really important thing is if we lay off

What I think is a false promise is to say, well, the really important thing is if we lay off

So I think US defense spending should reduce, right? I think that would actually be a good thing. It's one of the problems that we have in American politics and that we have neither the political will to do that on either the left or the right side. Like, if I anticipate anything going to be happening in the next administration, it will be increase in defense spending versus decrease.

So I think US defense spending should reduce, right? I think that would actually be a good thing. It's one of the problems that we have in American politics and that we have neither the political will to do that on either the left or the right side. Like, if I anticipate anything going to be happening in the next administration, it will be increase in defense spending versus decrease.

So I think US defense spending should reduce, right? I think that would actually be a good thing. It's one of the problems that we have in American politics and that we have neither the political will to do that on either the left or the right side. Like, if I anticipate anything going to be happening in the next administration, it will be increase in defense spending versus decrease.

Despite all that, we're going to have fiscal discipline and we're going to reduce costs and we're going to bring this. A massive amount of that comes from the Department of Defense. And the way that I would do it is I would try to, because basically the business America's business, it's you want to be investing in things that create the future businesses.

Despite all that, we're going to have fiscal discipline and we're going to reduce costs and we're going to bring this. A massive amount of that comes from the Department of Defense. And the way that I would do it is I would try to, because basically the business America's business, it's you want to be investing in things that create the future businesses.

Despite all that, we're going to have fiscal discipline and we're going to reduce costs and we're going to bring this. A massive amount of that comes from the Department of Defense. And the way that I would do it is I would try to, because basically the business America's business, it's you want to be investing in things that create the future businesses.

The military industrial complex is not the business that you most want to be investing in. And so how do you essentially do that?

The military industrial complex is not the business that you most want to be investing in. And so how do you essentially do that?

The military industrial complex is not the business that you most want to be investing in. And so how do you essentially do that?

Yes. If you said, where should Doge focus? The answer is, there's a lot of massive misspending within the Department of Defense. Now, part of that is not just the Department of Defense's fault. Let's take a specific. We should not be building aircraft carriers. Aircraft carriers themselves cost billions. The planes on them are more billions. They put thousands of American lives on them.