Antonio Garciga
👤 PersonPodcast Appearances
They're all grabbing the silverware. Everyone's stuffing their pockets in the silverware before the Titanic sinks.
They're all grabbing the silverware. Everyone's stuffing their pockets in the silverware before the Titanic sinks.
Let me ask one question because I've brought this up a lot and the counter argument I hear, which I disagree with, but the counter argument I hear from a lot of politicians is if we reduce spending, because right now if you add up federal, state, and local government spending, it's between 40 and 50% of GDP.
Let me ask one question because I've brought this up a lot and the counter argument I hear, which I disagree with, but the counter argument I hear from a lot of politicians is if we reduce spending, because right now if you add up federal, state, and local government spending, it's between 40 and 50% of GDP.
So nearly half of our economy is supported by government spending, and nearly half of people in the United States are dependent directly or indirectly on government checks, either through contractors that the government pays or they're employed by a government entity. So if you go in and you take too hard an ax too fast, you will have significant contraction, job loss, and recession.
So nearly half of our economy is supported by government spending, and nearly half of people in the United States are dependent directly or indirectly on government checks, either through contractors that the government pays or they're employed by a government entity. So if you go in and you take too hard an ax too fast, you will have significant contraction, job loss, and recession.
What's the balancing act, Elon? Just thinking realistically, because I'm 100% on board with you. The next set of steps, however, assume Trump wins and you become the chief D-O-G-E. D-O-G-E. D-O-G-E. And I think the challenge is how quickly can we go in, how quickly can things change? And without... I want that on my business card. Without all the contraction and job loss.
What's the balancing act, Elon? Just thinking realistically, because I'm 100% on board with you. The next set of steps, however, assume Trump wins and you become the chief D-O-G-E. D-O-G-E. D-O-G-E. And I think the challenge is how quickly can we go in, how quickly can things change? And without... I want that on my business card. Without all the contraction and job loss.
So I guess how do you really address it when so much of the economy and so many people's jobs and livelihoods are dependent on government spending?
So I guess how do you really address it when so much of the economy and so many people's jobs and livelihoods are dependent on government spending?
The compounding effect of productivity gains. Yeah.
The compounding effect of productivity gains. Yeah.
Wait, so your point is jobs will be created.
Wait, so your point is jobs will be created.
Yeah. You ever see that movie Zootopia? You ever see that movie Zootopia? There's like a sloth. He's coming in for the approval.
Yeah. You ever see that movie Zootopia? You ever see that movie Zootopia? There's like a sloth. He's coming in for the approval.
With the mandate, beat the sloth. Beat the sloth. Personal agency, personal agency.
With the mandate, beat the sloth. Beat the sloth. Personal agency, personal agency.
Yeah. Sorry, can you go back to Chamath's question on Starship? So you announced just the other day Starship going to Mars in two years. Yeah, by the way.
Yeah. Sorry, can you go back to Chamath's question on Starship? So you announced just the other day Starship going to Mars in two years. Yeah, by the way.
And then four years for a crewed aspirational launch in the next window. And how much is the government involved?
And then four years for a crewed aspirational launch in the next window. And how much is the government involved?
We could send a lot of robots to Mars to do the work needed to make it a colonized planet for humans.
We could send a lot of robots to Mars to do the work needed to make it a colonized planet for humans.