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Furthermore, Musk's influence on government spending and efficiency is expected to be significant. The deficit is expected to decrease, not only due to economic growth, but also because of Musk's "first principles-based, white sheet of paper" approach to identifying and eliminating waste within the government. Musk's goal of shrinking the government as a percentage of GDP through attrition and technological productivity gains could have a transformative impact.
Bipartisan Endorsement
Kevin O'Leary, a prominent entrepreneur, echoes the sentiment that Musk's involvement in the Trump administration should be welcomed. O'Leary acknowledges Musk's extraordinary execution abilities, stating that "if he says he can save $2 trillion in spending, I think he can do it." The bipartisan nature of this endorsement underscores the potential for Musk to make a lasting impact.
The Tesla Effect
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