Trump’s Biggest Donor (Elon Musk) Is Promising ‘Temporary Hardship’ For Americans

[Lakhota]

Billionaire Elon Musk’s statements are stunningly contrary to Trump’s sunnier description of American life under a second Trump presidency.

Former President Donald Trump’s biggest financial backer and top campaign surrogate, Tesla CEO Elon Musk, says he and Trump plan to inflict “temporary hardship” on American citizens if the Republican nominee wins the White House in November.

Trump has said Musk would lead a commission on how to reduce government spending, and Musk has said he would identify trillions in cuts.

“We have to reduce spending to live within our means. That necessarily involves some temporary hardship, but it will ensure long-term prosperity,” Musk said last week during a “Telephone Town Hall” hosted on his social media website.

Musk, the tech billionaire who has spent more than $130 million backing Trump and regularly spreads racist conspiracy theories about immigration and voting, acknowledged that steep cuts would trigger political opposition, but said Trump would support the idea of everyone “taking a haircut,” an informal financial term for when an asset loses value.

“President Trump is supportive that everyone’s taking a haircut here because America’s got to live within its means, and we can’t be a wastrel,” Musk said.

On Tuesday, Musk offered a similar sentiment. On X, the website formally known as Twitter until Musk bought it, a user wrote Trump’s plan for mass deportations, “combined with Elon hacking away at the government, firing people and reducing the deficit” could cause a “severe overreaction in the economy,” with markets tumbling, followed by “a rapid recovery to a healthier, sustainable economy.”

“Sounds about right,” Musk replied.

Economists in both parties say removing millions of people from the country abruptly and imposing tariffs would quickly lead to price spikes and reignite inflation. When coupled with Trump’s plans to further cut taxes on the wealthy and corporations, his economic policy would in effect raise taxes on lower- and middle-income Americans to pay for high-income tax cuts.

More at the link below...

Trump’s Biggest Donor Is Promising ‘Temporary Hardship’ For Americans​

Sounds brutal and unfair! What do you think?

 

[Lakhota]

From the OP:

“If you’re an individual and you’re racking up crazy debt, well obviously the thing to do is reduce some spending and you’ve got to start paying down that debt. The same is true of a country. So that’s what I’d like to do,” Musk said, adding if it were possible he’d like to balance the budget “immediately.”

“Obviously, a lot of people who are taking advantage of the government are going to be upset about that. I’m probably going to need a lot of security. But it’s got to be done.”

 

[1srelluc]

It will take a bit to unfuck what the evil dems have done.

 

[Lakhota]

I guess we can kiss Social Security and Medicare goodbye...

 

[Lakhota]

It will take a bit to unfuck what the evil dems have done.

Republican Administrations have racked up more debt that Democrats. That's a fact.

have republicans or democrats caused more debt - Google Search

 

[SassyIrishLass]

It will take a bit to unfuck what the evil dems have done.

Musk iterates the left lol

 

[1srelluc]

Republican Administrations have racked up more debt that Democrats. That's a fact.

What do the evil dems have to show for their debt?

 

[Lakhota]

What do the evil dems have to show for their debt?

Less debt and social programs.

 

[Rawley]

Republican Administrations have racked up more debt that Democrats. That's a fact.

The fact is that Congress controls the purse strings, not the President.

 

[Lakhota]

The fact is that Congress controls the purse strings, not the President.

Wars? Don't forget that SCOTUS has made Trump a King if he wins reelection. He can do whatever he wants. President Biden can do the same - but he's a compassionate, sane, and rational president.

 

[marvin martian]

I guess we can kiss Social Security and Medicare goodbye...

For illegals, yes.

 

[d0gbreath]

The fact is that Congress controls the purse strings, not the President.

And certainly not the president's sidekick.

 

[Rawley]

Wars?

Yep. They pass spending on wars too. All of the tens of billions we've sent to the Ukraine was authorized by Congress. Is this news to you?

 

[Rawley]

And certainly not the president's sidekick.

True. Musk will only be able to recommend cuts. Hopefully Trump will have the balls to veto any spending bills which don't reflect serious cuts.

 

[Lakhota]

Yep. They pass spending on wars too. All of the tens of billions we've sent to the Ukraine was authorized by Congress. Is this news to you?

No, dumbass, that ain't news to me! What about idiot George Bush who passed tax cuts TWICE during wartime?

 

[SassyIrishLass]

No, dumbass, that ain't news to me! What about idiot George Bush who passed tax cuts TWICE during wartime?

When you start bitching about billions sent to Ukraine you might have a seat at the table

 

[Lakhota]

If Speaker MAGA Mike Johnson remains House Speaker - Trump and his NaziCon Gestapo can do whatever they want.

 

[Lakhota]

 

[d0gbreath]

True. Musk will only be able to recommend cuts. Hopefully Trump will have the balls to veto any spending bills which don't reflect serious cuts.

Have you noticed how many titles on this site contain 'If Trump wins'? You're in that club now.

 

[Lakhota]