It has been a winning combination, Trump and Musk. The two of them complement each other well i believe. It won't be another week till Trump and his staff are sworn in, but there seems to be high hopes that competency will be returning to government. That is the sense that i get. Better days are ahead.
i hope that happens soon. It might take some times for that to happen though. As i was reading a bit ago, and believe Biden is leaving Trump, Musk and others a "dumpster fire" to deal with ~
JD: POTATUS Left Us a 'Dumpster Fire'
hotair.com
&
Why America Is in So Much Trouble
hotair.com
....The avalanche of federal spending hasn't stopped even though the COVID-19 pandemic ended over a year ago. We are three months into the 2025 fiscal year and on pace to spend an all-time-high $7 trillion and borrow $2 trillion. If we stay on this course, the federal budget could reach $10 trillion over the next decade.
This road to financial perdition cannot stand. It risks blowing up the Trump presidency.
Upon entering office, Trump should on day one call for a package of up to $500 billion of rescissions -- money the last Congress appropriated but has not been spent yet. Canceling the green energy subsidies alone could save nearly $100 billion. Why are we still spending money on COVID-19?
We could save tens of billions of dollars by ending corporate welfare programs -- such as the wheelbarrows full of tax dollars thrown at companies like Intel in the CHIPS Act. The Elon Musk Department of Government Efficiency is already identifying low-hanging fruit that needs to be cut from the tree.
Along with extending the Trump tax cut of 2017, this erasure of bloated federal spending is critical for economic revival and for reversing the income losses to the middle class under Biden.
This is especially urgent because the curse of inflation is NOT over. Since the Fed started cutting interest rates in October, commodity prices are up nearly 5%, and mortgage rates have again hit 7%, in part because the combination of cheap money and government expansion is a toxic economic brew -- as history teaches us.
Nothing could suck the oxygen and excitement out of the new Trump presidency more than a resumption of inflation at the grocery store and the gas pump. Trump's record-high approval rating will sink overnight if the cost of everything starts rising again.
Cutting spending won't be easy. The resistance won't just come from Bernie Sanders Democrats. He will have to convince lawmakers in his own party -- many of whom are already defending Green New Deal pork projects in their districts.
Trump should borrow a line from Nancy Reagan: Just say no -- to runaway government spending. Say yes to what Friedman titled his famous book: "Capitalism and Freedom."
Stephen Moore is a visiting fellow at the Heritage Foundation. He is also an economic advisor to the Trump campaign. His new book, coauthored with Arthur Laffer, is "The Trump Economic Miracle."