The actual plan is to crash the economy to theoretically rebuild it stronger.
The thing is, that's still crashing the economy and the only people with the money to rebuild it will be buying up everything for pennies on the dollar.
You're not supposed to root for the hardship. But oh, what am I saying, he obviously doesn't mean himself. He's a special pig, more equal than the rest.
Later on, Musk said that he would “balance the budget immediately,” adding: “Obviously, a lot of people who are taking advantage of government are going to be upset about that. I’ll probably need a lot of security, but it’s got to be done. And if it’s not done, we’ll just go bankrupt.”
Dude is not actually talking of himself?
Besides.. they are telling people straight up Things gonna go Bad.. and they applaud. This Planet develops more and more to a madhouse..
Says the heir to an emerald mine that has never encountered a single ounce of hardship during his entire waste of time on this planet. He's never even built anything, the fucker just buys his way in and takes credit for others' ideas.
Which, btw, he's an idiot for not just staying quiet and letting people praise him. Imagine for a moment he took the ridiculous wealth he has and kept quietly pointing it at things that help everyone. He would have been beloved and had more influence than he does now. All of it probably costing him less. Alongside many other reasons, this fucking dumb as shit shift he made makes me want to crush him and Trump even more.
Cause like wtf, Musk? You had a clear and easy path to all the power and prestige and recognition you could have ever wanted by helping the world. Instead, you turned into an asshole.
I met Elon in ~1999 when they were pitching us integrating their payment system into our software which was run by a number of the largest firms in the world. Have you ever met a group where one of them is clearly a moron but it is also the best at selling? That's Elon. We passed because our company was run by nerds without an ounce of corporate in it, but I can easily see how Elon would "wow" an executive dipshit that doesn't know shit about the product. Elon is a salesman for the tech enthusiasts, not the tech professionals. He sells what they call dreams and we call vaporware.
“Most importantly, we have to reduce spending to live within our means,” he said, adding that these efforts will “involve some temporary hardship, but it will ensure long-term prosperity.”
When will these conservative dumbfucks learn that austerity never works. They try it over and over in different countries and it literally never works.
He has $270.3 billion dollars, which at $50K per year would take almost 3.5 million years to earn, and he's preaching to us about cutting back. What a guy.
He took a bonus of like 60 billion dollars just for running a company that would have been successful without him. That’s money that could have been given to employees that actually make a difference in the company. So again I say F**************CCCKKKK YYYYYYOOOOOOOOO*
We are overdue for corporate assassinations. I've been saying this for years, and it keeps getting more true.
Poverty has a death toll, this isnt a game.
With so many people on the edge of suicide I'm surprised more people aren't taking out evil along with themselves... Why not? No consequences if you want to die
“We”? There’s no “we” dipshit, not when you can afford to buy and sell rockets while most working class are living on a diet of beans and rice, suffering roommates to make rent, all while working 40-90hrs a week for $7.50-$15 an hour.
Question, I hear things like that on lemmy often. Is there some data source that I can point to if I want to repeat it. I work in tech and honestly don't go out much. I also have kids and live in an old neighborhood that is right next to new expensive ones. So I don't really know anyone personally that is living paycheck to paycheck. And no one would believe me if I talked about it without data and a source.
$7.50/hr is $60/day is $1200/mo, before taxes are taken out. So $1200 is by no means take home pay. Where do you imagine rent or a mortgage acquired today tracks at 50% of that? Then there’s all the things you need to work: clothes, transportation, electricity and running water, a phone, soaps, shoes, food to fuel you for that job.
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$15/hr is $120/day is $2400/mo before taxes. Maybe in the Midwest or the crappier parts of the south you can live solo. Again though, you’re looking at beans and rice. Maybe some leg meat chicken and eggs if you think you can splurge that week.
Their estimate is 1/4 of families live paycheck to paycheck. It reaches as high as $150k/yr. The $150k is probably someone with a mortgage. Cost of DIY materials, tools, and any tradesman work has doubled and on some cases tripled. Example: I put a storm door in a house for $250, with installation, in 2019. In 2021 that same door without installation, me figuring it out, is $350 off the shelf. You used to be able to get a tradesman out and actually be billed $350, $400, $250, and so on. Now, your licensed tradesmen often have $1k a day minimums just to show up. Home ownership can now break you instead of save you. Home ownership is not what it was pre 2020.
What’s unique here is as a bank they can parse out necessity from want shopping.
There’s a lot on Google dates after 10/22/24 on paycheck to paycheck, but much of it appears to be scraping this document to write redundant articles.
A lot of this is survey responses and savings capacity. So not unique.
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Here’s a winning essay from Ursinus College arguing for raising the minimum wage. Lots of citations, do your own research to chase down those citations: https://digitalcommons.ursinus.edu/ethics_essay/23/
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Mostly, just talk to people. Insurances are insane lately. That alone has added ~$950/mo to my necessities and I have a good driving record, not a single medical diagnosis, bundle discount, no kids on health insurance, and I haven’t claimed anything on the homeowners, ever, in 20 yrs. And yet.
Do you actually need a source for a lot of people being poor in a nation where the bottom half of the country earns 9% of the income and has near zero wealth?
At first I was asking myself why he would admit this but then I realized Trump voters read this and think, "finally, they'll hurt the right people" and assume they will not be affected.
i'd rather a few hundred of the wealthiest face hardship for the first time in their lives--first time in generations of their family, for many. we're tired of waiting for the trickle.. it needs to be a downpour.
Later on, Musk said that he would “balance the budget immediately,” adding: “Obviously, a lot of people who are taking advantage of government are going to be upset about that. I’ll probably need a lot of security, but it’s got to be done. And if it’s not done, we’ll just go bankrupt.”
I wonder if he's afraid of backlash from cutting MIC funding.