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 in a virtual town hall on his website, X, on Friday.
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 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.”
https://www.rollingstone.com/politics/politics-news/musk-trump-win-hardship-americans-super-pac-2024-election-1235144449/
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Musk endorsed Trump in mid-July. He has given nearly $119 million to his pro-Trump Super PAC, America PAC, since the start of July, before he publicly endorsed the former president. The group has spent $123 million boosting Trump in the presidential race, including $102 million since Vice President Kamala Harris took over the Democratic ticket, according to federal election records. To save cash, Trump’s campaign has effectively outsourced its get-out-the-vote program to Musk’s America PAC. As Rolling Stone has reported, some Republicans close to Trump have warned the former president that they are concerned about the effectiveness of the group’s efforts. Republicans have long fear-mongered about the national debt during Democratic presidencies — and appeared less concerned about it during GOP administrations. “People who claim to be deeply concerned about debt are, all too often, hypocrites — the level of their hypocrisy often reaches the surreal,” wrote New York Times columnist Paul Krugman. The tax law that Trump signed in 2017, which slashed tax rates for corporations and the wealthy, has greatly contributed to the national deficit. Trump has personally bragged about cutting taxes for the nation’s “highest” earners, pledging to maintain those tax cuts and while proposing a further cut to the corporate tax rate. Musk is a major government contractor and beneficiary of federal spending. His company SpaceX has several federal contracts, including a $1.8 billion contract with an intelligence agency to make a global surveillance network with satellites. The company also works with NASA to get astronauts to and from the International Space Station. Speaking about the national debt on Friday, the Tesla CEO and X owner said, “If you’re an individual, and you’re racking up crazy debt, well, obviously… you gotta reduce your spending, and you gotta start paying down that debt. And the same is true of a country. So that’s what I’d like to do.”
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Musk, of course, borrowed $13 billion to purchase Twitter in 2022, before rebranding the social media platform as X. The Wall Street Journal called this “the worst buyout for banks since the financial crisis.” At an America PAC town hall on Saturday in Lancaster, Pennsylvania, Musk spoke more about potential spending. “People sometimes ask, like, where would you start with government efficiency? And it’s kind of like being in a room where the entire room is targets, and so you can shoot in any direction and not miss,” he said. He added: “It can’t be like, you know, we’ll, we’ll trim a little bit here and there. That’s not going to work there. There have to be quite radical reductions in cost.” At another point during the town hall, Musk once again “joked” about someone killing Harris, the vice president. Calling Harris a “puppet,” Musk said: “I made a joke that was sort of misconstrued, that it was like, ‘Nobody even bothers to try to kill Kamala.’ That’s pointless. Why? They’ll just get another puppet. Nobody even bothers. Nobody’s even tried to kill [Joe] Biden.” It was at least the fourth time that Musk has publicly questioned why no one is trying to kill the president or vice president of the United States.
Anonymous
I'd say I would at least be happy that social security getting slashed would make a lot of white trash D*Xoids miserable, but Trump could piss in their mouths and tell them it's Diet Coke and they'd ask for more.
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>>1357081 > I'd say I would at least be happy that social security getting slashed would make a lot of white trash D*Xoids miserable, I would like to know what a white person ever did to you.
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>>1357076 They don't even try to hide it anymore
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>>1357076 >if Donald Trump wins As the Spartans would say in their Laconically Witty way, '
If. '
Allan Lichtman's 13 Keys. Harris has nine, Trump has just four.
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>>1357078 >“I made a joke that was sort of misconstrued, that it was like, ‘Nobody even bothers to try to kill Kamala.’ That’s pointless. Why? They’ll just get another puppet. Nobody even bothers. Nobody’s even tried to kill [Joe] Biden.” He's literally right tho. Democrats keep trying to assassinate Trump because he's a leader with a massive following.
Biden and Harris don't have anyone who likes them for any fact other than they are /were the DNC approved candidates to vote for
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>>1357089 >DNC Russian bot detected.
This doesn't change the fact that Trump is going to fuck over most of his working class voting base to enrich himself and his billion buddy Musk either.
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>>1357085 D*Xoids stress what the term "white" is.
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>>1357076 If Harris knew what was good for her, she'd yell this from the rooftops. Even thinking about meddling in Social Security and Medicare can lose elections for the thinkers, so all she has to do is say that Trump and Elon are going to mess with them and she'll win even the boomers over.
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>>1357091 Trump shit on my dick and he does it every time I hear about him, he is just constantly shitting on my dick.
I hate trump.
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>>1357076 >"Don't worry guys. Me, the world's richest man, will be in charge of your tax code and budget and I'll tell you what you can and can't have. It will be hard and some of you will have to go without but its a sacrifice I'm willing to make" If someone told me 20 years ago that this is where modern Republicans would end up I'd never believe it.
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>>1357118 >20 The billionaires already controlled the Republican party, they already invaded Iraq just to steal all the oil.
C.H.U.D the dud from the slimy mud
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>>1357098 Musk is a genius and even understands complex economic issues. He has a self earned PhD in everything.slurp slurp suck can I have that 700k yr job now sir?
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>>1357120 Then why didn’t they take the oil? The invasion of Iraq was followed by 15 years of high gas prices
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>>1357147 >Thinking they'd lower prices and not price gouge >SurprisePikachuFace.jpg Anonymous
>>1357153 >price gouge Oh man, the esl alert is blinking
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>>1357166 There's nothing wrong with the grammar of that post Rajesh.
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>>1357153 >They just defied all economics by raising prices despite high supply. If that is possible then why don’t they just raise prices all the time?
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>>1357081 I will laugh when Trump bans abortion federally. He should do it, us Christians will kill for him. You aren't going to stop us. We have the momentum.
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>>1357076 >Cuts to Social Security and Medicare nice
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>Cuts to Social Security and Medicare 'Should any political party attempt to abolish social security, unemployment insurance, and eliminate labor laws and farm programs, you would not hear of that party again in our political history' Gee, I wonder what letter was after the name of the previous president who said that?
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>>1357307 >From 1947 to 1961 the number of firings based on sexual orientation were far greater than those for membership in the Communist Party,[229] I don't know but whoever it was it was more worried about gay people than communism
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>>1357290 Well we'd kill in the name of God.
Your post reads as if an athetard were completely ignorant of the sins that cry out to heaven for vengeance.
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>>1357315 Fags are communist because they suffer from mental illness
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>>1357332 >>1357434 get a room you two
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>>1357332 >>1357434 And yet, he who was elected twice by Republican voters who said 'I Like Ike' destroyed an anti-Communist by doing nothing. Then said 'McCarthyism was McCarthyWASm' and let Joe the subhuman retard die a pickled irrelevance. That makes Eisenhower the Supreme Commander of the Allies in WWII (and destroyer of the anti-communist Hitler) a terachad and infinitely based.
Anonymous
What the hell is this word salad above me? Who the heck is Joe the sub human? What is a "pickled irrelevance" The quality of the left wing bot posts on this board had dropped significantly over the last 6 months
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>>1357543 if you'd like english lessons the offer is still on the table shill anon
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>>1357544 He can't accept learning from non-thinktank approved sources.
Anonymous
the quality of rightard bots such as
>>1357543 with an inferior education has dropped since they became subhuman rightards.
Eisenhower was the last good Republican.
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>>1357600 >>1357589 >>1357544 What's "pickled irrelevance", shillbot? That's not an English idiom. Is it the result of passing some phrase from your native language through a translate service??
Where are you from, anyways? India? Pakistan? China? Iran? Because the things you say definitely aren't common parlance in American English
Anonymous
>we have to reduce spending to live within our means We have the means to reimpose historic tax levels on the wealthiest americans, we don't need to reduce spending beyond that (except the military because the Cold War ended decades ago).
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>>1357608 Its more the idea that a foreign born billionaire right-wing sycophant whose companies subsist on government subsidies and contracts is being put in charge of "government efficiency" with absolutely zero experience or knowledge on the topic.
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>>1357604 must be a foreign retard from India, Pakistan, China or Iran that can't understand English Anonymous
>>1357655 So you average MAGA supporter
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>>1357672 And those who don't know 20th century history, such as
>>1357543 >>1357604 Anonymous
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>>1357543 Just say you don't know what the fuck you're talking about and move on
You are an NPC who gets their opinions fed to them
Anonymous
>>1357608 Yes, but it can't be something stupid like 90% like retard far lefties want because then all the super rich will just store their money in offshore accounts and won't contribute to the economy.
Also need to make sure loopholes are closed so they can't get around paying certain taxes.
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>>1357689 >Yes, but it can't be something stupid like 90% like retard far lefties want because then all the super rich will just store their money in offshore accounts and won't contribute to the economy. A thing that already is happening, mind you, despite just pathetically low taxes. Wealth accumulation in this country has gotten out of control in the last half century. Got fuckers living off interest (or worse, loans against stocks) while the median household has less net worth than a new car.
I don't want 90% either, but fearmongering about people pulling their money from the economy is silly.
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>>1357691 Yeah I know it's already happening but I don't want that to accelerate. I'm not trying to fearmonger but like it or not, a lot of these rich fucks are the heads of large companies that a lot of Americans rely on. We've already been getting fucked since NAFTA passed and most of our manufacturing is now overseas. The last thing we need is more companies moving out of the country.
It also doesn't help that there's a pathological tendency to hoard money when someone gets super rich.
This is all the end result of prioritizing corporations and profits over reasonable policy. I'm not sure there's a feasible fix. Because if you asked them, I'm sure most super rich people and large corporations want to pay as little in taxes as possible and to get tax breaks.
Anonymous