[Craig Nigrelli]

TESLA CEO ELON MUSK, WHO SEEMINGLY HAS BECOME PRESIDENT-ELECT TRUMP’S RIGHT HAND MAN, AND ONE OF THE LEADERS OF THE NEW ADVISORY BODY CALLED THE DEPARTMENT OF GOVERNMENT EFFICIENCY OR ‘DOGE’, NOW SAYS MAKING $2 TRILLION IN FEDERAL SPENDING CUTS, IS THE BEST CASE SCENARIO OR IN HIS WORDS – THE BEST-CASE OUTCOME. BUT HE APPEARS TO SUGGEST THAT NUMBER IS UNREALISTIC.
MUSK, WHO OWNS THE SOCIAL MEDIA PLATFORM “X”, TOLD POLITICAL STRATEGIST MARK PENN, “ I THINK IF WE TRY FOR $2 TRILLION, WE’VE GOT A GOOD SHOT AT $1 TRILLION. “ MUSK HAD PREVIOUSLY CALLED FOR 2 TRILLION IN CUTS FROM A FEDERAL BUDGET OF ALMOST $7 TRILLION, WHICH DREW CRITICS, WHO DID NOT THINK THAT WAS POSSIBLE.
MUSK ALSO REMARKED ON INFLATION, WHICH WAS A LEADING ISSUE IN THE 2024 PRESIDENTIAL ELECTION, SAYING IF THE FEDERAL GOVERNMENT CAN CUT THE FEDERAL BUDGET DEFICIT IN HALF “SUCH THAT THE OUTPUT OF GOODS AND SERVICES KEEPS PACE WITH THE INCREASE IN THE MONEY SUPPLY, THERE WILL BE NO INFLATION. “
THE BILLIONAIRE REITERATED THAT HE BELIEVES THERE IS AN ABUNDANCE OF GOVERNMENT WASTE, CALLING IT A TARGET RICH ENVIRONMENT WHEN IT COMES TO SAVING MONEY.
SKEPTICS, SUCH AS THE FAR-LEFT MAGAZINE THE NEW REPUBLIC, ARE ALREADY SAYING THAT MUSK IS BACKTRACKING ON HIS BIGGEST PROMISE ABOUT DOGE. PRESIDENT-ELECT DONALD WILL BE SWORN-IN ON JANUARY 20TH. I’M CN. FOR MORE UNBIASED UPDATES DOWNLOAD THE STRAIGHT ARROW NEWS APP OR GO TO SAN.COM