Fox News political commentator Pete Hegseth has been tapped for the United States Secretary of Defense > Matt Gaetz for Attorney General > and Tulsi Gabbard for National Intelligence. From Deputy Chief of Staff Stephen Miller to EPA Administrator Lee Zeldin all were born at the very cusp of Generation Y (1980-1996) the official Arc de Triomphe of the Millennials.
Loyal to and in-service of America’s most notorious Baby Boomer (1946-1964), Millennials in warp speed are being anointed in Washington to dismantle bureaucracy, cut regulations, restructure agencies; and to engage the real world to advise and guide their new Department of Government Efficiency.
Presenting in post-World War II American society, FDR’s New Deal opened the coffers of government endowments to ignite a generation of small business competitors to offset economic austerity. The Baby Boomers were work-centric, self-assertive, career-focused workaholics who’re now aging out. They represent only 15% of the labor force, and ‘old age’ was a pivotal factor in the 2024 U.S. presidential race.
Enter Generation Y: These are they who came of age along side the internet; were the first to adopt social media; are better educated than their predecessors; and have inherited more back-to-back economic recessions than any generation in history. They’re tech savvy, progressive, and civic minded. They marry later (28-30); and 1 in 4 have yet to marry at all. They’re the largest living adult population in the United States, and were the majority voters in Election 2024.
That they’re marching on Washington — each and all with a cleaver of administrative power for which they 're woefully unprepared — warns us that the die is cast. The wild horse that bolted isn’t a 78-year old convicted felon but rather his handlers; veering from the conventional wisdom if toward the nation's experiment with democracy.
DOGE
U.S. President-elect Donald Trump has named Vivek Ramaswamy and Elon Musk to spearhead a more efficient government with a new presidential advisory commission that will sit comfortably outside the federal executive department. Trump explains that Musk and Ramaswamy "will pave the way for my administration to dismantle government bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure federal agencies."
Two billionaires who gave generously to his presidential campaign, Musk and Ramaswamy will co-lead a long-held Republican advisory initiative to "provide advice and guidance from outside of government" that won't require approval from the U.S. Congress. The advisors will have a fast pass between the White House and Office of Management & Budget to "create an entrepreneurial approach to government never seen before." Ramaswamy says, "This may sound trite, but entrepreneurship is the fabric of America."
However, Musk not only knows nothing about government efficiency and regulation, his own businesses have regularly run afoul of the very rules he will be in position to attack in his new ‘czar’ position. In August, Musk and Tesla won the dismissal of a federal lawsuit accusing them of defrauding investors by hyping dogecoin and conducting insider trading, causing billions of dollars of losses. Dogecoin has more than doubled since Election Day, tracking a surge in cryptocurrency markets on expectations of a softer regulatory ride under a Trump administration. Shares in Tesla fell on Wall Street ahead of the announcement but are up about 30% since the election.
In his 2021 bestseller "Woke, Inc: Inside Corporate America's Social Justice Scam,” Ramaswamy makes the case that politics has no place in business, and sets out a new vision for the future of American capitalism. This Harvard Political Union president > Yale legal scholar > hedge fund conseiller at Goldman Sachs and biotech billionaire mastered the industrial complex by manipulating power structures to exploit market capitalism. A first generation American, the Ramaswamys of India bear witness to the liberalization of socialist economics.