m.jilibet
m.jilibet
Joe Rogan was among the first to hear Elon Musk 's bold prediction about the fearful state of the US economy entering 2025 on his show earlier this year. On episode #2223 of the Joe Rogan Experience , Musk re-appeared on the program for nearly 3 hours to speak about business, design, engineering, Tesla, Space X, and more. With a net worth of $442 billion and always in the mix to be known as the world's richest billionaire, Musk predicted that the US could become bankrupt with the dollar not meaning anything due to the US national debt, which is reported by the US Department of treasury as $36.19 trillion. "The interest payments, which are already 23 percent of all government income, is just going to pay interest right now. And that number is continually rising," Musk said on the show. Joe Rogan shares insight into UFC 'killer' who is 'nicest guy you could meet' Joe Rogan states why Conor McGregor will never fight in UFC again "So if we don't do something, the entire government budget will be paying interest. There won’t be money for anything," he explained. "No, there won’t be money for Social Security, there won't be money for Medicare, nothing. That’s where we're headed. That's what bankruptcy means." In 2024, interest on US federal debt reportedly tallied up to approximately $1.1 trillion. The federal government collected $4.92 trillion in revenue. After Musk evaluated the issue through his own calculations, he said, "I'm looking at the numbers here and I'm like, if we don’t do something, America is toast." Musk's urged cuts amount to around 30 percent of the current federal budget, targeting discretionary spending as mandatory programs like Social Security [$1.46 trillion] and Medicare [$874 billion] account for significant overall costs. Senior Vice President of the Committee for a Responsible Federal Budget , Marc Goldwein, voiced strong suspicion against Musk's ideas and said, "Such cuts would be borderline impossible without affecting politically sensitive programs or causing significant economic turmoil in the short term." President-elect Donald Trump hand-selected Musk to co-lead the newly created Department of Government Efficiency with Vivek Ramaswamy , aiming to save the country more money. The specifics of their full plan remain unclear, and the group will act solely as an advisory body operating outside of the government. DON'T MISS Joe Rogan 'genuinely concerned' about drones in U.S. as new theory explored Terrified Joe Rogan thinks drones attempting to sniff out gas leak or radiation Tyson Fury blew Joe Rogan away with 'powerful' story ahead of Usyk rematch Musk and Ramaswamy have aligned with a vocal group of Republican lawmakers who have continued their push to slash federal spending, zeroing in on the $535 million annual budget allocated to the Corporation for Public Broadcasting [CPB]. The proposed cuts target reducing funding for the public media company responsible for Sesame Street, NPR shows, and more, which has often been a point of disagreement in allocation debates. The idea was detested by several qualified government employees like President of the American Federation of Government Employees Everett Kelley, who view the cuts as harmful to the country. Rogan has previously criticized the Biden administration for the economy and that Trump's re-election puts it back in a strong position.Despite a resounding defeat at the hands of Ronald Reagan in 1980, the Democrat forged a new path promoting causes such as electoral probity abroad, social justice and drives to rid the world of medical conditions. His first foreign visit as president was to the UK where then prime minister James Callaghan, as well as the usual visits in London, took his guest to the North East with a visit to Newcastle, Sunderland and Washington – the village bearing the name of the first ever president. Mr Carter delighted crowds in the North East by saying “Howay the lads” during a speech to the assembled throng. He also received a miner’s lamp from 12-year-old Ian McEree in Washington. The 39th US president also carried out more traditional presidential duties, including meetings with western European leaders during his time in London while the Cold War was still ongoing. The practising Baptist continued his globetrotting ways after leaving power, even without Air Force One as his vehicle. He was also part of the Elders, a group of experienced statesmen and women drawn from all corners of the world.
