> The SEC has its budget set by Congress, but the actual funding comes from transaction fees imposed on the financial sector, meaning its operations ultimately cost the taxpayer nothing, according to the agency.
How do you make something that costs nothing more efficient?
By using the word "efficient" without any reference point to what they want to make more efficient. It's similar to Make America Great Again. Great at what? Just GREAT!
It appeals to people who think government is inefficient and wasteful. Government doesn't HAVE TO BE inefficient and wasteful, just people need to believe it. And if media channels are hammering people over the head with the message that government is inefficient, then the official-sounding Department of Government Efficiency will save the day and rid the government of these evil inefficiency.
What these people may not realize is that the US government was intentionally designed to be inefficient. The checks and balances of three branches of government are constitutionally imposed inefficiency to make sure that one individual or group of individuals doesn't take the country in an efficiently harmful direction.
So if people want a hyper-efficient government, then be honest about rewriting the Constitution.
jimkleiber|11 months ago
It appeals to people who think government is inefficient and wasteful. Government doesn't HAVE TO BE inefficient and wasteful, just people need to believe it. And if media channels are hammering people over the head with the message that government is inefficient, then the official-sounding Department of Government Efficiency will save the day and rid the government of these evil inefficiency.
What these people may not realize is that the US government was intentionally designed to be inefficient. The checks and balances of three branches of government are constitutionally imposed inefficiency to make sure that one individual or group of individuals doesn't take the country in an efficiently harmful direction.
So if people want a hyper-efficient government, then be honest about rewriting the Constitution.
pr337h4m|11 months ago
>transaction fees imposed on the financial sector
This is literally a tax.
giantg2|11 months ago
maxerickson|11 months ago
rasz|11 months ago
nostrademons|11 months ago
glimshe|11 months ago
mkolodny|11 months ago
ysofunny|11 months ago
belter|11 months ago
"Exclusive: Interim SEC chief cast sole vote against suing Musk" - https://www.reuters.com/world/us/interim-sec-chief-cast-sole...
nine_zeros|11 months ago
By fraudulently weakening the regulatory body, it makes scamming investors easy. This is more efficient for scammers. Not for investors.