Elon Musk
@elonmusk
Indeed, it is essential to reduce the budget deficit to match economic growth!
We will get the 2026 deficit to ~3% of GDP. Sensible deregulation will ensure that economic growth is ~3% or higher.
That will both DEFEAT INFLATION and REDUCE INTEREST RATES for all Americans!
Ray Dalio@RayDalio· Feb 26, 2025Thanks for the correction, @elonmusk. It’s great that we can have a good exchange about such economic things. When I said Chinese manufacturing production is greater than that of the US, Europe, and Japan, I meant to say that it is greater than the US, Germany, and Japan
07:46 PM · February 26, 2025 · 15.8M views
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