dharmatech.bsky.social
@dharmatech.bsky.social
Federal worker salaries for FY 2024 was only 3% of all withdrawals from the Treasury General Account.

So yeah, if they fired everyone, it would only cut the spending by 3%.

bsky.app/profile/dhar...
DOGE has been very adamant about firing Federal workers.

However, Federal worker salaries for FY 2024 only accounted for 3% of withdrawals from the TGA.

In other words, even if they fired all Federal workers, they'd still barely put a dent in spending.
April 2, 2025 at 6:36 AM
Live page with the above chart:

dharmatech.dev/fed-net-liqu...
April 2, 2025 at 6:35 AM
It seems they're doing a lot of damage without being effective with these job cuts.

However, if their actual goal is to destabilize the economy so as to lower interest rates, then I guess their moves make sense.

#Python/ @streamlit.bsky.social code for chart above:
github.com/dharmatech/t...
GitHub - dharmatech/tga_top_streamlit.py
Contribute to dharmatech/tga_top_streamlit.py development by creating an account on GitHub.
github.com
April 2, 2025 at 6:34 AM