Trump’s plan to appoint Musk to his administration, possibly to lead a government efficiency task force, could also have negative effects. JD Vance, Trump’s running mate, previously said Musk told him that he plans to look at cuts to government programs like Social Security and the Department of Defense.
Judging by what happened after Musk gutted Twitter and laid off many of its workers after he purchased the social media company, there are justifiable fears that he would cripple essential government programs. Social Security, for example, is a lifeline to many older Americans, and in fact needs more funding, not less.
Musk’s status as the world’s richest man, as well as the success of his companies like SpaceX and Tesla, comes from taxpayer funds. When the government isn’t involved in his ventures, they’ve suffered, such as Twitter (now X), which has lost more than a third of its value since he took over the company. Musk’s confession that the economy would initially get worse under Trump is worrying enough, but his idea that it would lead to a rapid recovery should be cause to reject his plans altogether—as well as the administration that would enable them.