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Belle of the Ranch

Let's talk about Musk saying Trump's economy includes hardship....

Belle of the Ranch

Belle of the Ranch

Society & Culture

4.91K Ratings

🗓️ 1 November 2024

⏱️ 4 minutes

🧾️ Download transcript

Summary

Let's talk about Musk saying Trump's economy includes hardship....

Transcript

Click on a timestamp to play from that location

0:00.0

Well, howdy there, Internet people, it's Bell again. So today, we're going to talk about

0:06.6

the economy, Musk, and Trump. So it appears the U.S. has stuck the soft landing and avoided a recession.

0:15.3

You have economists talking about declaring victory, but many are afraid of standing in front of an economic

0:21.8

mission accomplished banner and want one more quarter of data.

0:26.3

Now you have Trump's economic policies.

0:29.5

They have plenty of detractors from world-renowned economists to people who have a basic

0:35.2

understanding of what a tariff is. But all of those people who have a basic understanding of what a tariff is.

0:38.1

But all of those people who have said they think Trump's economic policies will reignite

0:44.2

inflation, crash the markets, and cause hardship.

0:48.5

Are people who could be wrote off as people who don't like Trump?

0:53.0

Until now.

0:57.9

Now, Trump's most visible supporter is saying things Americans should pay attention to. Elon Musk. You know, the billionaire spending millions

1:05.3

to get Trump elected has said that Trump's policies would lead to hardship. His word. When replying to a social media

1:14.3

post about Trump's policies that predicted a, quote, severe overreaction in the economy,

1:21.7

end quote, markets will tumble. Musk replied with, quote, sounds about right. It's worth noting that the predicted

1:31.4

economic devastation would only be temporary according to Trump's supporters. If you're thinking

1:37.7

maybe somehow he meant something else, there's more. Musk, who is under consideration by Trump, to be his government cost-cutting

1:47.5

guru, said that due to the nature of Trump's plans and the need to cut so much spending

1:53.9

that Americans will have to endure temporary hardship economically.

2:07.0

He said the deep cuts would be so bad he would need extra security, saying, quote,

2:13.2

obviously a lot of people who are taking advantage of government are going to be upset about that.

2:13.9

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

...

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