Listen, we know that the richest man in the world cares more about tax cuts for billionaires like himself than if Americans lose their health care and children miss meals after losing their food assistance. After all, he did help Trump indiscriminately fire thousands of federal workers and gut vital agencies.
But as the saying goes, a broken clock is right twice a day, and Elon Musk is absolutely right to criticize Trump’s disastrous economic policies that are hurting American families and stand to do even more damage in the future.
1) The looming Trump Recession
Economic experts agree that the likelihood of a recession is high. The Yale Budget Lab’s analysis found that Trump’s tariffs would cost the average American household $4,700 this year alone.
2) Trump’s big, dangerous bill increases the national debt.
The non-partisan Congressional Budget Office agrees that Trump’s dangerous budget proposal adds $2.4 trillion to the national debt while giving a tax break to the wealthiest Americans.
Published: Jun 5, 2025 | Last Modified: Jun 10, 2025