Elon Musk Endorses Trump, Criticizes Biden & Harris’s Fiscal Policies

With only 14 days left for the U.S. presidential elections, Elon Musk has taken to his social media platform X (formerly known as Twitter), to express his full support towards Trump and his concerns about the growing U.S. national debt.

Elon Musk has been very vocal about his support for free speech, a stance that has drawn both praise and criticism. Since there has been an alignment with Musk and Trump’s ideology for fewer restrictions on crypto and speech, Elon has been actively promoting and endorsing Trump.

Elon Musk Endorsing Trump

Musk has been actively endorsing Donald Trump through his X posts and through Trump’s election campaigns. Today on his X profile, he expressed his desire of Polymarket odds to reflect a 69% chance of Trump winning the 2024 presidential elections.

It must reach 69%, as foretold in the prophecy https://t.co/oR8p1ZiRha

— Elon Musk (@elonmusk) October 22, 2024

After this post, a surge of 0.7% was observed for Trump. At present, Trump is favored by 64.1% of the voters and Kamala Harris is favored by 35.8% of the voters. This indicates the Elon Musk’s influence on public opinion.

Trump leads the Polymarket Bet (Source: Polymarket)

Additionally, Trump has announced plans to appoint Musk to lead a government if he is re-elected. This indicates Musk’s growing involvement in Trump’s campaigns.

Criticizing the Fiscal Policy

Musk highlighted the alarming rise in debt, noting that it has surged by $473 billion in just three weeks, pushing the total to a staggering $35.8 trillion. The entrepreneur voiced his concern, calling the situation “insane” in response to a post outlining the gravity of the debt burden.

The figures are indeed startling. Each U.S. citizen is now responsible for $103,700 in national debt, with an additional $1,450 tacked on in just weeks. Furthermore, interest payments on this debt have exceeded $1 trillion in 2024 alone. Equating to $3,360 per American in interest payments.

Snippet of Elon’s X Post

His statement add weight to the growing concerns that the current economic strategies by Biden and Harris are merely masking deeper issues, potentially crippling future generations.

In conclusion, Musk’s recent remarks on X indicates the gravity of the national debt crisis, while also highlighting his influence on political and social issues.

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