Musk says trump will crash the economy for our own good.

[Marener]

Nonsense. There are fewer and fewer low skilled jobs today because machines now do them. The illegals Biden and Harris invite bring nothing of value to America. Even agricultural workers are being replaced by smart machines.

Well, until you show me the machine that can redo my roof, I think there’s still plenty of jobs out there for “low skill” labor.

Automation is increasing, but humans are still far more preferable in far more circumstances.

And yes, illegal immigrants contribute A LOT to the economy.

 

[Marener]

Another economic collapse leading to a massive depression could happen virtually overnight

If the WWII generation were still alive and in charge they would know what to do

But spoiled Baby Boomers are clueless

Such an economic collapse would have nothing to do with government deficits and wouldn’t be prevented by anything Musk is talking about. The Great Recession and Great Depression were caused by excesses in private sector.

Musk is talking a big game to impress the low information people. Or maybe he believes his own bullshit. Either way, it’s showing how unserious and how undeserving these guys are.

 

[Arlette]

Illegals on Social Security hit hardest

Illegals pay into SS on a fake SS number. But how do you figure they gonna collect if they don't have papers to apply for SS?

 

[toomuchtime_]

Well, until you show me the machine that can redo my roof, I think there’s still plenty of jobs out there for “low skill” labor.

Automation is increasing, but humans are still far more preferable in far more circumstances.

And yes, illegal immigrants contribute A LOT to the economy.

There ae fewer and fewer low skilled jobs in the US every year and as the labor pool for these jobs swell employers are able to pay less to workers.

 

[Hector12]

We all know the economy is on an unsustainable track and will eventually crash if we continue. What would you do to make that crash as painless as possible?

I would impose massive taxes on rich people and corporations, in order to pay off the national debt. Tax cuts for the rich and corporations led to the rise in the national debt. Tax increases on rich people and corporations will be necessary to pay off the national debt.

 

[rampart]

We're not bankrupt. We have to increase revenue by taxing the ones who can best afford it, who are the least hurt by it. That's super rich individuals and profitable corporations. We have to reduce spending by cutting our "defense" budget. Cut Israel off, entanglement with Israel is no longer beneficial to America. (If it ever was?)

Such an economic collapse would have nothing to do with government deficits and wouldn’t be prevented by anything Musk is talking about. The Great Recession and Great Depression were caused by excesses in private sector.

Musk is talking a big game to impress the low information people. Or maybe he believes his own bullshit. Either way, it’s showing how unserious and how undeserving these guys are.

i need to wonder exactly what kind of econom y we are going to build on the ashes? one where our best kids will be begging to go to mars on musk's terms rather than stay here?

 

[Crepitus]

Notice how no one says this is what Trump will do if he wins the election? Now everyone says this is what Trump will do when he wins the election.

Musk said "when".

 

[Mac-7]

Such an economic collapse would have nothing to do with government deficits and wouldn’t be prevented by anything Musk is talking about. The Great Recession and Great Depression were caused by excesses in private sector.

Musk is talking a big game to impress the low information people. Or maybe he believes his own bullshit. Either way, it’s showing how unserious and how undeserving these guys are.

Its your side that believes government deficit spending is nevessary to maintain the economy

Though Musk was honest enough to concede that budget reform will involve pain

 

[Arlette]

Higher prices are the result of the inflation the US has suffered under the Biden Harris regime, so the way to fix it is to vote for Trump rather than to fall for Harris lemming bait about imaginary price gouging.

Musk is an ideological conservative and he clearly supports radical cuts to government spending, but there is nothing from Trump's first term to suggest what Musk is espousing is Trump's plan.

Musk analysed Trump's economic plan and gave you his conclusion. It's all in plain English in post #1. Make of it what you will

 

[Marener]

There ae fewer and fewer low skilled jobs in the US every year and as the labor pool for these jobs swell employers are able to pay less to workers.

Yet somehow employers are saying they can’t find enough people who want to work these low skill jobs.

 

[Mashmont]

He says High prices and economic collapse are the price of the trump agenda.

Are you guys really gonna vote for this just to "own the libs"?

It would be the biggest self-own in history to crash your own country's economy on purpose just to be able to say you won.

Elon Musk agrees: Trump’s economic plans will lead to ‘hardship’

The former president’s wealthy allies are promoting the idea of economic collapse and high prices as a necessary side effect of Trump’s economic agenda

www.the-independent.com

Leftwingers believe their own lies. Did Trump crash the economy the first time? Hell no.

 

[Crepitus]

What is your prescription to avoid the crash or make it as painless as possible?

I'm no economist.

But neither are tRump or Elmo.

 

[Marener]

Its your side that believes government deficit spending is nevessary to maintain the economy

Though Musk was honest enough to concede that budget reform will involve pain

Trump isnt that honest, that’s for sure.

There are many ways to address the budget deficit. Musk’s plan seems to want to maximize the pain.

For others, obviously. No pain for him.

 

[Mashmont]

Yet somehow employers are saying they can’t find enough people who want to work these low skill jobs.

A lot of people are paid to sit home and smoke weed through so-called 'unemployment'. Way easier than working. That's what Democrats have wrought.

 

[Crepitus]

No but Musk isn't talking about himself or Trump. Who do you think he's talking about?

Corporate subsidies will not be cut, you can count on that.

 

[Crepitus]

They don't plan to crash it,

He just said they did.

 

[Crepitus]

You are taking advantage of government. I never figured you for one of those guys.

Another 15 years and that $1,200 a month SS benefit is mine!

 

[toomuchtime_]

Musk analysed Trump's economic plan and gave you his conclusion. It's all in plain English in post #1. Make of it what you will

Musk analyzed the conservative agenda and claimed Trump would implement it, but there is nothing in Trump's plan about the radical budget cuts Musk is talking about.

 

[Rambunctious]

Trump will do what he did the first time in office... he will make America great again...

 

[Harpy Eagle]

Okay, I've checked.


Argentina is on track for a 4% GDP Decline for 2024.

Argentina Economic Outlook. October 2024 | BBVA Research

The government maintains a firm commitment to fiscal balance while upholding a "zero monetary issuance" policy for all items arising from the public sector. The slowdown in inflation has stalled since May, remaining around 4% monthly, and economic activity shows signs that the recession may have...

www.bbvaresearch.com

and there is currently a rather large strike going on.

Argentine workers carry out major strike

Argentina's leading public workers labor union Association of State Workers (ATE) launched at noon Tuesday a 36-hour strike to protest against the Libertarian administration of President Javier Milei's recent layoffs and spending cutbacks, in addition to demanding wage adjustments to cope with...

en.mercopress.com

It does not help that Milei is pushing for more military spending while cutting everything else.

It does not help that Milei is living like a rock star while 2/3 of the country is in poverty.

There is also some question as to why he is shipping their gold to other countries.