UNZ: 29-05-2025,
BlogviewPaul Craig Roberts Archive
The Problem Is the Weaponization of the Dollar, Not the US National Debt
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Elon Musk expressed his disappointment in the Trump administrations bill, passed by the House, that avoided an automatic tax increase that would have occurred at the conclusion of 2025 by making permeant the 2017 tax reductions and which increased spending on defense and US border security. Musk mistakenly thinks that this bill undermines his and DOGE’s effort to reduce the federal deficit.
Musk should see his and DOGE’s success not in terms of deficit reduction, but in terms of eliminating waste, fraud, and grift from the federal budget. According to reports, Musk and DOGE have stopped the theft of $175 billion from American taxpayers who have desperate needs for their own money. Instead, the money has gone to fake companies set up by Democrats to enrich themselves and their political allies via government contracts at the expense of the American people.
Reducing the grift by $175 billion is no small achievement. It could be much larger, but corrupt Democrat judges and media are at work blocking DOGE and shutting down Elon Musk.