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
The world’s wealthiest man appears to believe that a Donald Trump presidency must crash the economy in order to benefit Americans.
Elon Musk agreed on Tuesday that proposed drastic cuts to the federal government, coupled with Trump’s sweeping deportations, will likely cause global markets to “tumble.”
Last week, Musk said during a virtual town hall that Americans will experience a “temporary hardship” for “long-term prosperity.”
“We have to reduce spending to live within our means,” said Musk, who has pitched himself as the director of a new “Office of Government Efficiency” under a second Trump administration.
He claimed on Friday that he would “balance the budget immediately,” adding that “a lot of people who are taking advantage of government are going to be upset about that” and that he will “probably need a lot of security, but it’s got to be done.”
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Article URL : https://www.the-independent.com/news/world/americas/us-politics/elon-musk-economy-trump-hardship-b2637850.html