Author Topic: Elon Musk asks voters to brace for economic 'hardship,' deep spending cuts in potential Trump Cabine  (Read 485 times)

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Offline libertybele

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We need to cut spending period and yes, some hardships will be felt.  However, we're already dealing with runaway spending and inflation -- hardship is already being felt.   Don't people realize we cannot continue on this path??

Elon Musk asks voters to brace for economic 'hardship,' deep spending cuts in potential Trump Cabinet role

In the home stretch of the 2024 election, voters who’ve been weighing both campaigns’ proposals to tackle living costs are now hearing a new pitch from the Republican side: accept some short-term economic pain to rein in government spending.

That message has emerged from former President Donald Trump’s wealthiest backer, Elon Musk, who says that the GOP nominee’s plans to put the U.S. on firmer fiscal footing would likely entail “temporary hardship” for ordinary Americans.   

At a virtual town hall event Friday held on Musk’s social media platform, X, the multibillionaire Tesla and SpaceX executive said he was “praying for a victory” for Trump, so he could begin working in a high-level Cabinet role to axe federal spending.

“We have to reduce spending to live within our means,” Musk said. “And, you know, that necessarily involves some temporary hardship, but it will ensure long-term prosperity.”

Many economists agree that Trump’s economic and fiscal proposals could spark an economic calamity, though it is not clear whether they have considered, or given credence, to Musk’s calls for austerity. ...............

https://www.nbcnews.com/business/economy/economy-if-trump-wins-second-term-could-mean-hardship-for-americans-rcna177807

Offline Smokin Joe

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Well, at some point, the government just has to do what the rest of us have had to do.

Sit down at the proverbial kitchen table, lay out income vs expenditures, and assign priority to the latter.
Take what is absolutely necessary, find less expensive ways to achieve those necessities, and find out what can be reduced in cost or scope or simply eliminated from the rest.
How God must weep at humans' folly! Stand fast! God knows what he is doing!
Seventeen Techniques for Truth Suppression

Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.

C S Lewis

Online Bigun

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Well, at some point, the government just has to do what the rest of us have had to do.

Sit down at the proverbial kitchen table, lay out income vs expenditures, and assign priority to the latter.
Take what is absolutely necessary, find less expensive ways to achieve those necessities, and find out what can be reduced in cost or scope or simply eliminated from the rest.

 :yowsa: Except WE don't have a printing press!
"I wish it need not have happened in my time," said Frodo.

"So do I," said Gandalf, "and so do all who live to see such times. But that is not for them to decide. All we have to decide is what to do with the time that is given us."
- J. R. R. Tolkien