Reply to Is there going to be panic selling?

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[quote=Anonymous][quote=Anonymous]Delusional thinking on here that the market will hold up at all. Most federal work will be computer/AI when Musk is done. Decision makes and computers, Nothing more  And what is left of agencies will be moved outside of DC. few contractors, partly bc rates will be too low and contract terms to risky. DC is going to be gutted, in totality. [/quote]

Regarding this morning’s Washington Post article on the future of the federal workforce, at the undergraduate and grad programs at DC universities, there is compete chaos and uncertainty. Most young grads or students are now pivoting to medicine or law and are no longer looking for government jobs in the treasury department, foreign service, state dept, NIH, etc. The appeal of DC for a stable job serving the country is no more.

The future economic health of the region will be precarious if the federal government and NGO’s no longer operate and create jobs here. But DC could use its architectural beauty to develop a more robust tourism sector. Maybe tax breaks could lure film studios here, like Atlanta. Perhaps a foodie economy could develop like in Austin. If defense jobs and defense contracting are outsourced to technocrats and AI, perhaps a more robust tech economy could develop here to support the infrastructure. [/quote]

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