Tesla CEO Elon Musk recently criticised the current state of US spending, remarking that an average citizen in the country ‘should be mad as hell’ over the expenditure of the tax money. In an interview with Fox News , Musk pointed out that when former President Donald Trump took office, he inherited a $2 trillion trade deficit. Musk also warned that “America will go bankrupt” unless the deficit is addressed. He criticized U.S. foreign aid spending, adding, “The average taxpaying American has every right to be upset because their tax dollars are being poorly spent.”
“Well, the — the overall goal is to try to get a trillion dollars out of the deficit. And if we if the deficit is not brought under control, America will go bankrupt. This is a very important thing for people to understand. A country is no different from an individual, in that if an individual overspends, an individual can go bankrupt, and so can a country. And the out, the massive waste, fraud, and abuse that has been going on, which is leading to a USD 2-trillion-a-year deficit, that’s what the president was handed on Jan 20th, a USD 2 trillion deficit. It’s insane,” he said in the interview.
Donald Trump agreed, saying, “Yes, we inherited it.” He said that inflation is back, but he has nothing to do with it, as the Democrats ran the country for the last 4 years. “No, think of it, inflation is back. And they said, “I had nothing to do with it. These people have run the country. They spent money like nobody has ever spent. They were given USD 9 trillion to throw out the window — USD 9 trillion, and they spent it on the Green New Scam, I call it. It’s the greatest scam in the history of the country. One of them. We have a lot of them, I guess. But one of them,” Trump said.
Stating that there are “hundreds of billions of dollars worth of fraud” in the system, Trump said Musk is doing an “amazing job” with the DOGE. Trump spoke about the waste and fraud that Elon Musk and DOGE are finding and stressed that Musk is doing an “amazing job.”
The DOGE Head also hit back at the criticism faced by Democrats over DOGE cuts and blamed the bureaucracy for the criticism for not allowing the implementation of presidential orders. In the interview, Musk said that they are trying to restore the will of the people through the president and if the will of the president, who is the representative of the people, is not implemented, it implies that they do not live in a democracy but bureaucracy. He said that there’s a vast bureaucracy that is opposed to President Trump and the Cabinet and cited the voting in favour of former US Vice President Kamala Harris in Washington, DC.
