8mo ago

Allied with Trump, Elon Musk eyes radical cuts to US gov’t spending

www.aljazeera.com

Deifict hawking in the US in 2024? Sounds great for global capitalism. US is THE consooming engine.

Atleast Argentina is a smaller country. Atleast Russia was disconnected from rest of the capitalist world pre 1990s.

And it's by no means "radical". Bill Clinton the neoliberal establishment guy ran budget surpluses in the 1990s, sucked money away from the (mainly poor) people and increased household debt.

14 comments

- Sounds about right... My fucking god, twitter economists...
  
  'rapid recovery', the economy will be cut in half and stagnate there for decades. it'll be Greece but worse. I don't think it'll be very good for China and other exporting countries either at least in short term but they'll recover if they also don't do the same austerity.
- Critical support. Though i don't believe even reps are stupid enough to give the grenade to this particular manchild.
- imagine being dumb enough to do shock therapy to yourself
US gov literally has infinite money
- Infinite money is only for war and corporate subsidies sweaty.
- I’m starting to think that they won’t allow Trump to win this time because you don’t want to screw with the imperialist machine.
  Which would unironically probably cause a civil war
  
  You really think so? I'd think they'd just have him actually assassinated and just have Vance (he's a chucklefuck with no principles anyway, he'd be easy to blackmail) held by the balls to do what they want wrt imperialism.
- Was just thinking along these lines. This would seriously turn things upside down no way this goes off without serious fuckery
- Honestly if Trump follows Elon Musk’s genius 2 trillion cuts it’s going to seriously fuck with the US ability to do imperialism for the coming decades.
  God willing, I hope so!
I like how the pitch for austerity is always, "look, when we do this everything is going to get so much worse for an indeterminate amount of time but then I promise it will get better and everyone will be better off."
and no matter how many times it is done and only serves to ruin lives and devastate communities beyond recovery with no benefit ever being recognized aside from a tiny, ultra wealthy minority using the chaos to purchase control over critical resources and exponentially increase their net worth, they keep promising it will be different this time and everybody will benefit.
literally cutting you own income bro
you will lose subscriber bro

14 comments