Elon Musk shoots down ‘wrong-headed economic thinking,’ says there’s ‘infinite potential’ for job creation
Rep. Bill Huizenga discusses DOGE’s influence on Congress and Elon Musk’s role at Varney & Co. in the Trump White House.
Billionaire business tycoon Elon Musk overthrew the scarcity mentality and suggested that there was essentially unlimited potential to create jobs and businesses.
The “efficiency pie” fallacy is at the heart of much flawed economic thinking. There is essentially limitless potential for creating jobs. Think of all the things that didn’t exist 20 or 30 years ago.
Musk’s comment was in response to a post by entrepreneur Joe Lonsdale, who noted Sriram Krishna: President-elect Trump recently assumed his post in his incoming administration.Last month, Krishnan advocated for lifting the green card restriction in response to Musk’s post on the Department of Government Efficiency, a new body that Musk will co-chair with businessman Vivek Ramaswamy.
“Anything to remove country caps for green cards or open up skilled immigration would be huge,” Krishnan tweeted.In another post, Krishnan added: “Simple logic. we need the best no matter where they were born (another weird quirk: the country cap is where you were born, even citizenship).
TRUMP HAS NAMED A NEW WHITE HOUSE TO WORK ON AI, CRYPTO AND MORE.
Elon Musk arrives on Capitol Hill on December 5, 2024 in Washington, DC (Anna Moneymaker/Getty Images)
David Sachs, Trump’s pick for White House AI and cryptocurrency czardiscussed Krishnan’s view in this week’s post.
ELON MUSK AND VIVEK RAMASWAMY SHARE DOGE GOALS
Miami, FL business looking to hire May 5, 2023. (Joe Raedle/Getty Images)
“Sriram still supports skills-based green card criteria without making the program unlimited. In fact, he wants to make the program entirely merit-based,” Sacks wrote in part of his post.
“It makes sense,” answered Musk.
President-elect Trump and Elon Musk watch the launch of the sixth test flight of the SpaceX Starship rocket on November 19, 2024 in Brownsville, Texas. (Brandon Bell/Getty Images)
CREATE A FOX BUSINESS WITH A QUICK CLICK HERE!
Trump announced this month that Krishnan was his pick for senior adviser on artificial intelligence in the White House Office of Science and Technology Policy.
“Working closely with David Sachs, Sriram will focus on ensuring continued American leadership in AI and help shape and coordinate AI policy across government, including working with the President’s Council of Advisors on Science and Technology,” Trump told Truth Social. in the post.
English