Let's talk about why Elon Musk wants high unemployment, despite conventional economic theory.
The theory says that businesses succeed when customers have the money to buy their products. Therefore, the theory says, it's good for unemployment to remain low, because when it is high there are too many people who can't afford to buy stuff, and businesses fail.
Makes sense, right?
No, not for Elon Musk, it doesn't.
Let's dive in. First, Tesla.
#economics #unemployment #politics #USPol
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Jonathan Kamens (jik@federate.social)'s status on Sunday, 06-Apr-2025 11:50:44 JST Jonathan Kamens