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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsElon Musk worried about national debt after planting his face between Trump's butt cheeks
Elon Musk does not often sound like a fiscal policy analyst. But in a Fox News interview that has been recirculating widely as the US approaches another deficit milestone, he made a comparison that is hard to ignore.
He compared the country to a person heading for bankruptcy. And the numbers now being reported by federal budget watchdogs suggest the comparison may not be as hyperbolic as it first sounds.
"A country is no different from a person," Musk said in a Fox Business interview. "If a country overspends and doesn't spend wisely, just like a person, the country will go bankrupt."
He went further, saying the problem was personal for him.
https://www.msn.com/en-us/money/markets/elon-musk-has-a-stark-message-on-americans-and-the-economy/ar-AA23r97y
Because you were personally responsible for part of it you Ketamine addled moron.
OGBuzz
(592 posts)can continue receiving tax cuts and all that welfare through government contracts.
genxlib
(6,159 posts)Except that minor fact that the Country literally prints money
mr715
(4,152 posts)a country is nothing like a person.
Johnny2X2X
(24,434 posts)No doubt about it, that's why I printed off 30 Million Johnny Bucks just the other day to pay my bills and buy stuff with. Should work just fine.
durablend
(9,365 posts)Otherwise he couldn't give a rats ass about it.
OMGWTF
(5,214 posts)Run the deficit up as fast and hard as you can when the Rethuglicans are in charge and then scream about the deficit (that they caused) when the Dems take over. What have these deficits gotten us besides huge interest payments and richer rich people?
Just a reminder that Democrats have been cleaning up Rethuglican messes since 1933.
purr-rat beauty
(1,437 posts)This fucker stole from us and is worried about this?
Karma couldn't come any quicker
no_hypocrisy
(55,371 posts)Federal Government?
mwmisses4289
(4,711 posts)that were investigating him and t. Now all that money he's saved the government is going straight into his, ts, and all the other rebuke drifters pockets.
dickthegrouch
(4,653 posts)Disgorge more of that grift, voluntarily, NOW, before it's too late to stop the avalanche of corruption and theft charges coming in November.
flvegan
(66,521 posts)it might not be so much of an issue.
That also goes for the rest of the billionaire/parasite class of assholes he's a part of.
Roy Rolling
(7,712 posts)Grant him his wish now.
Shipwack
(3,100 posts)No!
A country is not like a person. Economically they are different. Countries dont die. That is why there is a field of study called macroeconomics .
The stupid, it hurts
mzmolly
(52,856 posts)respective public.
How is that guy a billionaire?
mzmolly
(52,856 posts)to budgetary issues as well, Elon.
Tax that greedy drug addled billionaire!
Bobstandard
(2,373 posts)Its a pearly but Elon is priming the pump.
Republicans are in power. National debt is a good thing. The US can never go bankrupt because we can print money. Print money and people can go to work, oligarchs can make money, the country is strong. Dont worry, run up the debt!
Democrats come to power? The national debt is out of control! Fix it! Reduce spending dammit! Its the only way! We wouldnt be in this mess if Biden, Obama, DEI, AOC!!!
JHB
(38,333 posts)Especially people who've been collecting and selling people's personal information without real consent, not to mention who train their AIs with stolen intellectual property (without permission nor payment to the rightsholder). Y'know, guys like Elon.
Johonny
(26,593 posts)So, yeah, fuck this guy.
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