It comes as a $18 million contract was wrongly reported as $18 billion
Not everyone is convinced that Elon Musk is the savior America needs, despite his bold promises to cut government waste and boost prosperity like never before. The world’s richest man has vowed to trim federal spending while making life better for everyday Americans—but turning that vision into reality is another story.
As the head of the newly established Department of Government Efficiency, Musk may seem like the ultimate disruptor, but not everyone is buying it. One financial reporter has even ridiculed the entire notion, dismissing Musk’s cost-cutting measures as little more than saving the public “pennies.”
In an interview with CNN, Wall Street Journal senior political correspondent Molly Ball openly laughed at Musk’s ambitious proposal to provide every American with DOGE-based ‘dividends’ potentially worth thousands. Yet, Musk remains unfazed, claiming that slashing foreign aid and streamlining the federal workforce is already yielding massive financial gains.
The question remains—can Musk truly deliver, or is this just another moonshot idea from the billionaire visionary?
MAGA investment manager James Fishback claims the idea of a DOGE dividend came to him in a dream—a dream that quickly gained traction when Elon Musk said he would “check” with the President about its feasibility. Trump later confirmed the discussion, even suggesting he might return 20% of those government savings directly to Americans.
However, not everyone is sold on the plan. CNN host Jim Sciutto questioned its economic impact, pointing out: “His policies, in the view of economists, are inflationary. A tax cut is inflationary, and tariffs are inflationary—so how does he square that circle?”
With a striking 62% of Americans believing the President hasn’t done enough to lower everyday costs, Wall Street Journal senior political correspondent Molly Ball argues that the DOGE dividend is little more than a distraction from Trump’s campaign promises. “I think those poll numbers pose the biggest risk to Trump moving forward,” she noted.
Ball went on to highlight a key vulnerability: “A lot of Americans bought into the idea that their struggles stem from excessive spending on foreign aid—sending money overseas, being played for suckers, giving it all away to Ukraine. But if prices at home aren’t dropping fast enough, Trump risks losing their trust.”
As the debate rages on, one question looms large—can this so-called economic moonshot really deliver, or is it just another political sleight of hand?
Breaking down the numbers, Wall Street Journal‘s Molly Ball was quick to throw cold water on Elon Musk’s ambitious DOGE dividend plan. “The amounts Musk is pulling from this DOGE initiative are mere pennies compared to the federal budget. They’re nowhere near enough to send thousands of dollars to every American,” she stated. She also cast doubt on the idea that slashing USAID funding would significantly improve the lives of everyday citizens, saying, “It just doesn’t seem to be bearing fruit.”
Meanwhile, CNN’s Jim Sciutto warned that prices could keep climbing as Americans absorb the costs of tariffs on imports. And to make matters worse for Musk, Bloomberg has debunked his claim that DOGE has already saved the government $55 billion—reporting the real figure as just $16.6 billion. Adding to the embarrassment, an $18 million contract cut was mistakenly reported as a staggering $18 billion.
Musk has already admitted, “We’ll make mistakes,” but with him taking credit for shutting down two agencies that were already closed under Biden, the situation is starting to look more than a little awkward.
