Desperate for DOGE

Pento Portfolio Strategies LLC · Oct 22, 2026

October 22, 2026

The U.S. deficit just jumped 12% this fiscal year, from $1.77 trillion to $2 trillion. Remember the D.O.G.E. chainsaw? We were promised the Department of Government Efficiency would carve through waste, fraud, and abuse and eliminate our deficits and pay off the debt. Well, mission accomplished, if the mission was making them bigger. The national debt is surging, and business debt is surging right alongside it.

Of course, carrying a $40 trillion national debt (123% of GDP) and $33 trillion in non-financial business debt (73% of GDP) doesn’t matter much when interest…