Elon Musk | All-In Summit 2024

1268.584 - 1291.646 Antonio Garciga

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.