Published November 20, 2024 12:56pm EST
Elon Musk shares Milton Freidman's loathing of government bloat
Musk, who will co-lead Trump's DOGE, shares which government agencies the famed economist Friedman would scrap
Breck Dumas
By Breck Dumas FOXBusiness
Elon Musk and fellow billionaire Vivek Ramaswamy are already looking at what parts of the government could be slashed as they team up to lead President-elect Trump's Department of Government Efficiency (DOGE). The Tesla CEO on Wednesday pointed to famed economist Milton Friedman's opinion from decades ago about how bloated the government had become.
"Milton Friedman was the best," Musk wrote in a post on X, sharing an interview the late Nobel laureate gave, wherein he went through a list of entire federal agencies that should never have been created in the first place, as well as those that he felt were important.
In the interview, Friedman was asked to give a thumbs up or thumbs down on whether certain agencies should be kept or abolished.
Friedman said the Department of Agriculture and the Commerce Department should both be "gone," right off the bat, but said the U.S. should keep in place its Department of Defense.
He said the Department of Education should be abolished, as well as the Department of Energy, except for the parts that deal with nuclear, which should be moved under the Defense Department.
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https://www.foxbusiness.com/politics/elon-musk-shares-milton-freidmans-loathing-government-bloat