{
Boris Yeltsin

People

}
001122334455554433221100
001122334455554433221100

musk and paulson advocate for drastic us budget cuts amid economic concerns

Elon Musk and hedge fund manager John Paulson advocate for significant U.S. budget cuts, proposing a $2 trillion reduction if Trump is re-elected. However, historical precedents of "shock therapy" in other nations show that such drastic measures often lead to economic turmoil and social unrest. A more measured approach, like the Simpson-Bowles plan, could provide thoughtful solutions to address the nation's budget deficits and entitlement program funding.
CNBC
United States Dollar SpaceX Tesla, Inc. RUS USA Donald Trump John Paulson Alan Simpson Elon Musk Boris Yeltsin Show more
Finance & Economy, Market Report
19:48 30.10.2024
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