This morning Peter Schiff posted rather a discouraging analysis of the DOGE, and I thought I'd see what you all thought.

Peter and I have been friends since 2007 and the first Ron Paul GOP presidential campaign, and in fact a good many of you started listening to me when I used to fill in on the Peter Schiff Show, Peter's terrestrial radio show, between 2010 and 2013.

We have our disagreements, but I think his cautionary notes are at least with considering, so here's what he had to say about the DOGE:

I hate to rain on this parade, but the Department of Government Efficiency (DOGE) is not a real department. It exists outside of government and has no authority to do anything. Like any one of a number of independent think tanks that already exist, it's free to make any recommendations it wants, and the government is free to ignore them all. Even if the Trump administration actually proposes some of the DOGE recommendations, they mean nothing unless Congress votes to pass them, which it won't.

Since no Democrats will vote in favor of eliminating any government department or agency—except perhaps the Space Force—the House will need over 98% of Republican votes. This is nearly impossible to achieve with so many RINOs still in the House and so many representing swing districts. In the Senate, even if all Republicans vote in favor of the cuts, they still don't have 60 votes.

Also, regarding firing government workers, the civil service unions make that nearly impossible. The best Trump can do is allow the workforce to shrink naturally through attrition. That will help, but the savings over the course of his term will be minimal.

Of course, the nearly impossible task will become completely impossible after the Republicans lose the House in the midterms. That is normal for the party in power. In two years, Trump and the Republicans will own the economy. With stagflation firmly entrenched by then, disappointed voters will again vote for change. But as usual, there will be no real change until an actual dollar and sovereign debt crisis finally forces our leaders to act.