A strange tactic to take a week before an election, to say the least.

Why would Musk do this? It seems notable that one of Musk’s heroes is the current president of Argentina, Javier Milei, who has been credited with taking a “chainsaw” to the nation’s government. Milei, an avowed “free market,” “anti-woke” libertarian, took office in December of 2023, and has instituted what he calls an “austerity” budget, characterized by economic “shock treatment.” This strategy has involved making deep cuts to government spending on social welfare programs, devaluing the peso, and cutting thousands of government jobs, all in the hope of some vague libertarian glowup in the near to far future.

  • danc4498@lemmy.worldEnglish
    104·
    22 days ago

    Billionaires profit SO much from a tanked economy. Everybody else is fucked, but all the toys they want to buy go on sale. Namely competitors.

      • danc4498@lemmy.worldEnglish
        521·
        22 days ago

        And Biden gets blamed for Trump’s economy while Trump is celebrated for Obama’s economy. Fuck is wrong with people.

        • gAlienLifeform@lemmy.world
          13·
          22 days ago

          I mean, that’s the natural result of Biden’s reluctance to blame Republicans for anything and all his efforts to work with them and praise them whenever they do anything remotely positive, and now Harris can’t stop bragging about all the endorsements she got from Republicans who helped set these cycles up in the past. It’s totally predictable that a lot of people are confused and just think “politicians” are to blame when we have Dems like this.

          • danc4498@lemmy.worldEnglish
            8·
            22 days ago

            Yeah, this is true. Biden crossed aisles. Obama used a super majority to fix healthcare in a bipartisan manner. And this resulted in Democrats getting smacked by republicans for over a decade. Even though it was a bipartisan effort!

        • Billiam@lemmy.world
          11·
          22 days ago

          I used to have a boss who likes to credit Obama’s economy to Bush, saying that presidential economic policies take 4-8 years to be felt.

          Didn’t have much to say about why Bush I’s economy sucked though, for some reason.

    • d00phy@lemmy.worldEnglish
      2·
      21 days ago

      This right here is the answer. Everyone can go home now.

      Seriously, it’s not the low taxes, though those are appreciated, it’s the prospect of more market share which equals more wealth and, most importantly, power. During the housing crisis we had banks that were deemed “too big to fail.” For the next one, a handful of super-wealthy assholes will receive the same designation.