I have mixed feelings on Musk. There's been a lot written about Jobs and Gates, but ultimately Musk will blow them away in terms of impact on civilization.
On the one hand, he's brilliant and bold.
On the other hand, because he has Asperger's (his own claim) he lacks the human quality of empathy, and this makes him a reckless threat. Not that anyone lacking empathy is reckless, but when you are very bold and the richest man in the world AND you seek to change the world, could be.
That said…
It's absolutely true that government's budget is out of control, and Congress has a decades long track record of inability to reign in deficit spending. (If a congressman cuts, it's used against him in the next election, and stupid voters punish fiscal responsibility.)
Musk doesn't need voters, so he can recommend whatever. And this could be good to great!
However!
GDP = C + I + G + (X - M)
where
C = Consumption
I = Investment
G = Govt Spending
X-M = Net Exports, a negative # for USA
Now, historically, G is 20% of our GDP. Currently, 24% (per ChatGPT).
IF Musk and Trump reign in G, GDP will suffer, and the economy will stall. And the R's will collectively get voted out.
Will they actually do that? Are the complaints a "show" of Anger (and just look at Elon there, acting the part, almost laughing at the crowd of emotional morons).
Or will they simply wipe out their opponent's projects, use the budget as a weapon, while rewarding their own and their friends' projects?
I'm guessing the latter.
Musk will be Machiavellian - he detests Trump. But he has aligned himself with him in order to achieve his own goals.
I'm betting the deficit spending continues, that Musk gets SpaceX and Tesla contracts galore.
And Trump doesn't care either way. So long as he sits in the King chair and gets to pick on his enemies while being fawned over by others.
On the one hand, he's brilliant and bold.
On the other hand, because he has Asperger's (his own claim) he lacks the human quality of empathy, and this makes him a reckless threat. Not that anyone lacking empathy is reckless, but when you are very bold and the richest man in the world AND you seek to change the world, could be.
That said…
It's absolutely true that government's budget is out of control, and Congress has a decades long track record of inability to reign in deficit spending. (If a congressman cuts, it's used against him in the next election, and stupid voters punish fiscal responsibility.)
Musk doesn't need voters, so he can recommend whatever. And this could be good to great!
However!
GDP = C + I + G + (X - M)
where
C = Consumption
I = Investment
G = Govt Spending
X-M = Net Exports, a negative # for USA
Now, historically, G is 20% of our GDP. Currently, 24% (per ChatGPT).
IF Musk and Trump reign in G, GDP will suffer, and the economy will stall. And the R's will collectively get voted out.
Will they actually do that? Are the complaints a "show" of Anger (and just look at Elon there, acting the part, almost laughing at the crowd of emotional morons).
Or will they simply wipe out their opponent's projects, use the budget as a weapon, while rewarding their own and their friends' projects?
I'm guessing the latter.
Musk will be Machiavellian - he detests Trump. But he has aligned himself with him in order to achieve his own goals.
I'm betting the deficit spending continues, that Musk gets SpaceX and Tesla contracts galore.
And Trump doesn't care either way. So long as he sits in the King chair and gets to pick on his enemies while being fawned over by others.