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

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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?


1. Illegals won't be "abruptly" removed from the country. It will take years to sort out the immigration mess.

2. Sacrificing today for a more prosperous tomorrow should be taught in school beginning in the earliest grades.

3. The whole social order is dysfunctional.
 
1. Illegals won't be "abruptly" removed from the country. It will take years to sort out the immigration mess.

2. Sacrificing today for a more prosperous tomorrow should be taught in school beginning in the earliest grades.
Who is going to have to sacrifice and who determines this? The Uber wealthy?
 
Who is going to have to sacrifice and who determines this? The Uber wealthy?
If the markets fall the uber wealthy will take the biggest hits. If people are smart, they will begin sacrificing on their own terms instead of waiting and sacrificing on someone else's terms.
 
There's zero reasons we need temporary hardship. Makes no sense. Really easy for a billionaire to say it.
Do you think it's unfair to plumbers if I fix my own toilet?

Cost to replace a toilet fill valve. Skill required: Minimal.

Plumber.
$120/hr minimum charge.
$30 Trip charge.
$5 cost of fill valve.
$155 total.

DIY
$5.00 cost of fill valve.
 
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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?


Ha!

Try again! It's NOT even true, to say the least...

But you keep the lies going! It makes good mocking!
 
And that hardship will be placed on the backs of the middle and lower classes while the Uber wealthy sit back and laugh about the suffering. B
Maybe the Democrats (who control the educational system) should have taught the 'middle class' how to manage their finances better. Regarding the lower class, "The poor you will always have with you." -J. Christ.
 
Working people are their own worst enemy. They work so hard that they 'deserve' that extra bottle of beer, or slice of pie.
American workers today are far and away the hardest working people on earth. There's no comparison out there. They also never complain, always show up, and never ask for more.
 
American workers today are far and away the hardest working people on earth. There's no comparison out there. They also never complain, always show up, and never ask for more.
Productivity isn't the problem. Putting your paycheck into a pocket that has a hole in it is the problem. Look at black people, with over a $Trillion/yr in disposable income yet they have no capital to advance their economic cause. I'm afraid that many working whites are in the same boat.

A recent article written by a liberal activist went on about how food insecurity not only affects the health of the poor but their attitudes and mental health as well, completely disregarding the SNAP, WIC, and other community food programs that keep over 50 million poor people fat and happy.
 
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