DOGE Explained

📆This Week’s Topic

This week, we are talking about DOGE. Many people may wonder what DOGE is, and what DOGE will decide to do next. There are a lot of questions about DOGE going around, and this article is meant to be a summary and the next steps of DOGE. This is a very important thing happening in the US government, and everyone needs to know about what it does, how it works, and general important information about DOGE. So today, let us discuss DOGE. We will give a brief overview of what DOGE is and how it is going to influence our government.

🏦Intro to DOGE

On January 7th, 2025, President J. Trump made an executive order to create a new governmental administration. This new administration was DOGE. DOGE stands for Department of Governmental Efficiencies. This governmental program was meant to modernize government processes as well as the technology and software used by the government. Elon Musk, who is a contributor to the department. His position in the department remains unclear. But currently, he is listed as a special government employee.

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📊DOGE’s Work

More recently, DOGE has taken some steps away from its original purpose. Musk has been creating a system of special immigration visas handed out to wealthier individuals. These special immigration visas cost $5 million and grant access to the United States, and would simplify immigrating to the United States for rich people. Musk and the department are also working to simplify the vetting process for rich immigrants coming into the US. These rich immigrants would be able to apply for residency and become a citizen within weeks.

🔚 Partnerships & Employees

DOGE is also working with the US Department of State as well as the US Department of Homeland Security to make sure they can speed up the immigration process. Another thing to consider is how DOGE does have work employees. These employees are special government workers who are allowed to work only 130 days a year for these programs. However, they are allowed to do important and confidential work within these departments. It has been 116 days since President Trump was elected, which would make the time of the employees from 75-100 days out of 130 days. This means Musk will have to find new employees for the job.

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⛱ Migrant Effect

These new developments will mean that immigrating to the USA will change significantly. It means that if you are wealthy, you will have priority over other migrants to get into this country. Also, that means if you are rich, the immigration process could potentially be just a couple of months versus a couple of years if you are not wealthy. Other immigrants will be prioritized less, and migrating to the US will be very difficult compared to before. This will also affect the economy in major ways. Since the flow of migrants into the US will be slower, the demand for housing and necessities will decrease slightly. This could cause housing prices to potentially rise even more.

⏳ Final Summary

In summary, DOGE is a department in the federal government that is supposed to increase government efficiency. Although the department has strayed away from its purpose of working on special immigration visas, selling for $5,000,000. These visas were a faster way to immigrate to the United States because you were paying a very hefty fee. If you were really rich (even if you didn’t buy the special immigration visa) could apply for residency within just weeks. This is good if you are rich, and bad if you are poor. This could also result in less immigration since wealthy people are prioritized.

🙏Thank You & Important Information

Anyway, thank you so much for reading this edition of Friday Finance. We are very close to 700 subscribers, and I am very grateful to all our subscribers for being so loyal. I am working hard on trying to get a podcast for the newsletter up and running, but we are experiencing some issues. The podcast will be a transcript of the newsletter to help drive engagement. Anyway, have a great week, and I will see you next week.

Jacob Gans

Friday Finance