Trump and Musk are at odds!

On June 5, Trump said, "I am very disappointed in Elon Musk. I have helped him a lot. He knows more about the details of this bill (the 'Build Back Better' bill) than anyone else here. He had no objections to it before. But suddenly, he has objections, and he only started having these objections after he found out that we were going to cut the mandatory requirements for electric vehicles."

Musk replied, "False information. This bill was never shown to me even once, and it was rushed through late at night so quickly that almost no one in Congress could read it!"

Comment: The "cold war" between Trump and Musk is essentially a microcosm of the power struggle between politics and business in the United States.

Regarding the 'Build Back Better' bill, Trump emphasized Musk's previous support, while Musk denied any knowledge of it. The core contradiction lies in the bill's content regarding mandatory requirements for electric vehicles, which touches on Tesla's commercial interests, making Musk unhappy and exposing the natural tension between policy and corporate interests in political-business cooperation.

This farce not only reveals the fragility of the U.S. political-business relationship but also provides a vivid example for observing the chaos in U.S. policy-making and the struggle among interest groups. Whether the two will continue to "attack each other" or cool down in silence will continue to influence the U.S. political-business landscape.

The 'Build Back Better' act promoted by Trump claims to focus on tax cuts and spending reductions, but in reality, it will increase the U.S. national debt by approximately $2.3 trillion to $3.3 trillion over the next decade, significantly increasing budget deficits. Musk has long adhered to the concept of reducing deficits and avoiding national "debt slavery." This bill goes against his philosophy, and he believes it is "ridiculous and full of private agendas," which will lead the U.S. into "debt slavery." For instance, while the bill cuts taxes, the reduction in spending cannot make up for the loss of revenue, and it raises the debt ceiling by $4 trillion, making the U.S. fiscal situation even worse.

Original Source: https://www.toutiao.com/article/1834109474530628/

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