FLASHBACK:
“… “We have to reduce spending to live within our means. And that necessarily involves some temporary hardship, but it will ensure long-term prosperity,” Musk stated in the call, fully endorsing the strain Trump’s policies would place on Americans.
Musk’s words make it clear that the disruption is not an unintended side effect but an accepted—if not desired—outcome.
The billionaire went further by responding to an X (formerly Twitter) user who anticipated a market downturn if Trump’s aggressive policies, including mass deportations and extreme deficit cuts, were enacted. The user predicted that with Trump and Musk in charge, the U.S. economy—dependent on debt and vulnerable to asset bubbles—would face a severe reaction before stabilizing under the intended austerity. Musk’s response was a simple acknowledgment: “Sounds about right.” …”
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We will see if Americans are willing to suffer (for how long? a few years(?)) and embrace austerity to live within the country’s means in an age of extraordinary wealth disparity that means most Americans will experience billionaire deployed austerity quite differently from the billionaires themselves.