this post was submitted on 30 Oct 2024
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Economics

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While Musk is referring to the magical $2T+ in budget cuts to US budget he will sail through magical congressional unanimity...

Hardship has to include the extreme difficulty in reindustrializing the US in an environment where labour is deported, and reciprocal tariffs means serving a local declining market where fewer people have money left over if they are overpaying for imported goods.

Recessions not only reduce tax revenue, they also are typically responded to by significant government investment to pull out of recession, and the US is nearly maxed out already.

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[–] [email protected] 17 points 1 month ago (2 children)
[–] alquicksilver 9 points 1 month ago (1 children)

Well, it won't be hardship anymore when we're all dead, so there's that light at the end of the tunnel.

Or is that just a self-driving Tesla about to hit me?

[–] [email protected] 4 points 1 month ago

And when all are dead, he'll import cheap labour from abroad to keep up his factories

Those shit heads are all just focused on their on profit and don't give a damn about society or the country they live in