Friday, November 1, 2024

Musk Says Trump Win Would Result in ‘Hardship’ for Some Americans (with additional notes from me)

 'He went to describe the billionaire as a “great cost-cutter,” noting that Musk thinks he could cut the government’s expenses by two trillion dollars. “He wants to save the country. He said that if Trump does not get elected, the country is finished,” Trump added.' RT

 

from Rolling Stone

Elon Musk, the world’s richest man, said that if Donald Trump wins and gives him a role in government, Americans will suffer “hardship” as a result of efforts to address the national debt. He made the comments Friday in a virtual town hall on his website, X. 

When asked about “tackling the nation’s debt,” he mentioned changing the tax code, and then went on to say there would be some financial difficulty imposed on some Americans. “Most importantly, we have to reduce spending to live within our means,” he said, adding that these efforts will “involve some temporary hardship, but it will ensure long-term prosperity.”

Later on, Musk said that he would “balance the budget immediately,” adding: “Obviously, a lot of people who are taking advantage of government are going to be upset about that. I’ll probably need a lot of security, but it’s got to be done. And if it’s not done, we’ll just go bankrupt.”

Trump has said that Musk would head a “government efficiency commission” to organize a “complete financial and performance audit of the entire federal government” and make “recommendations for drastic reforms.” 

J.D. Vance, Trump’s running mate, has suggested that Musk could target Social Security for potential savings. Speaking last month about the billionaire’s potential role, Vance said, “How are we going to fix all of the broken inefficiencies?” He continued: “And the thing that’s complicated about this, man, is it’s going to look much different in, say, the Department of Defense versus Social Security."...

read more here

Drain the swamp huh? He'll do it THIS TIME says free marketeer RFK Jr. Oh yeah.


 


 

 'His entanglements with federal regulators are also numerous and adversarial. His companies have been targeted in at least 20 recent investigations or reviews, including over the safety of his Tesla cars and the environmental damage caused by his rockets.' NYT

Elon Musk’s growing empire is fueled by $4.9 billion in government subsidies 2015 

' Musk has poured over $118 million into America PAC, a super PAC focused on Trump’s reelection and mobilizing voters in crucial swing states that Musk launched earlier this year.' Open Secrets


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