DOGE Is Obliterating American Industry

Aaron Carroll : Department of Energy's Loan Programs Office is being gutted by Elon Musk .

Carroll: LPO is a government bank that hands out loans to companies with business plans that go beyond the technological frontier.

He says it has funded thousands of successful projects, from renewable energy installations to new low-emission industrial processes to the first new nuclear power plant in decades .

Carroll says it's maddening that a man who benefited from immense government largesse is pulling ladder up behind him.

Alternatively, we could simply impose confiscatory taxation on all rich people, above all ultra-billionaires. But in any case, government should be careful about how it is enabling private companies. Helping one reach profitability is fine, but not if it ends up destroying democracy..