A few weeks into his presidency in February 1993, Bill Clinton issued an executive order telling each government department or agency with more than 100 employees to cut at least 4% of its civilian positions over three years through attrition or “early out programs.”
Clinton said the plan would enable the “reduction of employment” by 273,000 people by the end of 1999. The program ended up cutting 377,000 jobs. Today in the Market Intel Segment we’ll compare the cost cutting chain saw of Clinton and Gore to Trump and Musk. Then we’ll examine whether DeepSeek was a threat or an opportunity for Nvidia. MASTERING MONEY is on the air!!!
