Trouble in paradise? Musk slams Trump's "big beautiful bill"

[QUOTE=ShawkFactory;15011795]So what do YOU think about this bill?[/QUOTE]
:lol

[QUOTE=ShawkFactory;15011795]So what do YOU think about this bill?[/QUOTE]

What's not to like? The key components of the bill all make sense to me.

[QUOTE=Baller234;15011842]What's not to like? The key components of the bill all make sense to me.[/QUOTE]

Interesting..

Thank you.

@ Baller, all you seem to care about is looking for ways to find the "left" being hypocritical. However, any Trumper who is fine with the BBB would be hypocritical after the complaining about inflation which was being blamed on Biden's spending.

FWIW, I do not think most grasp the basics of Gov spending, Musk included. Now that the inflation rate is at 2.3%, it should be okay to spend. Because inflation is the only real risk. And people need to understand, that every single dollar in circulation right now, is "borrowed" money from the FED. It is not intended to be paid back. And the bigger question for economists is not the size of the debt, but when the FED will lower rates. And I am starting to see that increased spending like this combined with lower rates? That will cause a stock market boom. Trump and his team know this. And when the inflation rate is in check (thanks to the FED rates) they will be fine turning the water hose on.

Also FWIW, I can see the tirade that Musk is throwing over this on Twitter. And I feel like he has ulterior motives. Right now is probably the worst Q that Tesla has ever seen growth wise. They are shrinking while the EV market is growing. BYD is moving up quick on them. Tesla's board has probably had it although the stock value is doing well for some reason.

Anyway I feel like Musk is trying hard to reverse his damaged image and win back costumers.

[QUOTE=Bill Gates;15011855]@ Baller, all you seem to care about is looking for ways to find the "left" being hypocritical. However, any Trumper who is fine with the BBB would be hypocritical after the complaining about inflation which was being blamed on Biden's spending.[/QUOTE]

Uh, I'm pretty sure it had more to do with WHAT the money was being spent on there buddy.

Expanded unemployment benefits for lazy losers that didn't wanna apply for a job a year out from Covid? Expansion of Obamacare? Lol $122 billion so public schools could "open safely"? Expansion of SNAP and welfare? More than half the shit in Brandon's bill was money down the drain.

At least Trump is spending the money on defense and infrastructure. Things we actually need and benefit from. Not to mention the bill lowers taxes for practically everyone.

elon jumped ship bc he sees its sinking.

[QUOTE=Baller234;15011880]Uh, I'm pretty sure it had more to do with WHAT the money was being spent on there buddy.

Expanded unemployment benefits for lazy losers that didn't wanna apply for a job a year out from Covid? Expansion of Obamacare? Lol $122 billion so public schools could "open safely"? Expansion of SNAP and welfare? More than half the shit in Brandon's bill was money down the drain.

At least Trump is spending the money on defense and infrastructure. Things we actually need and benefit from. Not to mention the bill lowers taxes for practically everyone.[/QUOTE]
Musk's complaint is that it adds to the money supply in circulation (inflation) and creates a larger debt for the future generations to inherit, which was the primary complaint by the right toward Biden.

Much of the covid money printed up by both Trump and Biden was handed directly to the American people in the form of a stimulus check, or used to bail out companies that would have collapsed. They used covid as their reasoning to spend that much. But here we have Trump adding over $2T WITHOUT covid.

[QUOTE=Bill Gates;15011884]Musk's complaint is that it adds to the money supply in circulation (inflation) and creates a larger debt for the future generations to inherit, which was the primary complaint by the right toward Biden.

Much of the covid money printed up by both Trump and Biden was handed directly to the American people in the form of a stimulus check, or used to bail out companies that would have collapsed. [B]They used covid as their reasoning[/B] to spend that much. But here we have Trump adding over $2T WITHOUT covid.[/QUOTE]

Okay so Trump is using lower taxes and national security as his reasoning, what's the problem?

[QUOTE=Baller234;15011887]Okay so Trump is using lower taxes and national security as his reasoning, what's the problem?[/QUOTE]
The problem is doing the exact thing you called out Biden for. You don't remember all the inflated prices with a Biden "I did that" sticker next to it? How do you think Biden "did that"?

I mean, why do you think Musk has a probelm with it?

I'm starting to realize you don't actually have the slightest clue WTF is going on :oldlol:

[url]https://www.newsweek.com/elon-musk-scott-bessent-physical-confrontation-2079285[/url]

Steve Bannon claims that he got into a physical confrontation with Musk, and is responsible for Musk's black eye.


[QUOTE]According to Bannon, Bessent confronted Musk over his sweeping but unfulfilled promises to deliver $1 trillion in budget cuts. "Scott Bessent called him out and said, 'You promised us a trillion dollars in cuts, and now you're at like $100 billion. Nobody can find any savings. What are you doing?'" Bannon recounted.

"And that's when Elon got physical. It's a sore subject with him," Bannon said.[/QUOTE]

[QUOTE=Bill Gates;15011884]Musk's complaint is that it adds to the money supply in circulation (inflation) and creates a larger debt for the future generations to inherit[/QUOTE]

And who is the independent here on ISH that issued that same complaint towards Trump?

Me.


Elon is correct.




If you want to give praise to a Democrat... give praise to Bill Clinton that understood the importance of responsible spending.

[url]https://clintonwhitehouse5.archives.gov/WH/Accomplishments/eightyears-03.html[/url]

[QUOTE=Bill Gates;15011891]The problem is doing the exact thing you called out Biden for. You don't remember all the inflated prices with a Biden "I did that" sticker next to it? How do you think Biden "did that"?

I mean, why do you think Musk has a probelm with it?

I'm starting to realize you don't actually have the slightest clue WTF is going on :oldlol:[/QUOTE]

Lol nice try buddy.

It's not the same thing Biden was called out for. The stickers weren't in response to the rescue plan. You think the average mf'er knows what was in the damn rescue plan? :oldlol:

The "I did that" stickers started in response to rising gas prices. They started at gas pumps. It wasn't in defiance of a single piece of legislation.

As for why Musk is against it, who knows, I don't really care because he's not the president. For all I know he might have his own agenda to look out for. I'm seeing some prominent right wing twitter accounts also echoing his sentiments and criticizing the bill, but these are people who make their bread and butter from twitter. I didn't see any of them making a fuss about it until Elon did. Now all of a sudden they're on the front lines. Very suspicious to me.

I am choosing Trump in this fight. I don't think he has any plan to spike inflation.

[QUOTE=Baller234;15011900]Lol nice try buddy.

It's not the same thing Biden was called out for. The stickers weren't in response to the rescue plan. You think the average mf'er knows what was in the damn rescue plan? :oldlol:

The "I did that" stickers started in response to rising gas prices. They started at gas pumps. [B]It wasn't in defiance of a single piece of legislation. [/B]

As for why Musk is against it, who knows, I don't really care because he's not the president. For all I know he might have his own agenda to look out for. I'm seeing some prominent right wing twitter accounts also echoing his sentiments and criticizing the bill, but these are people who make their bread and butter from twitter. I didn't see any of them making a fuss about it until Elon did. Now all of a sudden they're on the front lines. Very suspicious to me.

I am choosing Trump in this fight. I don't think he has any plan to spike inflation.[/QUOTE]

So you're saying people are stupid and don't understand correlations between policy and outcomes?

It is probably true that most of MAGA blamed Biden for inflation without actually putting any thought into how Biden did it. :oldlol:

In this particular situation though, Musk sees the covid US inflationary woes as the product of US Gov spending, and he is correct of course. And he wants the Gov to stop massive spending like this as he views it as inflationary and a hole we are digging ourselves into. But I do think he is uneducated on the National Debt, he is just more educated than the average MAGA.