Elon Musk shoots down 'wrong-headed economic thinking,' says there's 'infinite potential' for job creation
foxbusiness.comRep. Bill Huizenga, R-Mich., discusses DOGE's influence on Congress and Elon Musk's role in Trump's White House on 'Varney & Co.'
Billionaire business tycoon Elon Musk shot down a scarcity mindset and suggested that there is basically unlimited potential for creating jobs and businesses.
«The ‘fixed pie’ fallacy is at the heart of much wrong-headed economic thinking. There is essentially infinite potential for job and company creation. Think of all the things that didn’t exist 20 or 30 years ago!» Musk declared in a post on X.
Musk's comment was in response to a post from entrepreneur Joe Lonsdale who had mentioned Sriram Krishnan – who President-elect Trump recently tapped for a role in his upcoming administration. Last month, Krishnan advocated for lifting a cap on green cards when replying to a post of Musk's regarding the Department of Government Efficiency, a new body that Musk will lead alongside businessman Vivek Ramaswamy.
«Anything to remove country caps for green cards / unlock skilled immigration would be huge,» Krishnan tweeted. In another post Krishnan added, «simple logic – we need the best, regardless of where they happen to be born (another bizarre quirk – the country cap is where you were born, not even citizenship).»
TRUMP NAMES SEVERAL NEW WHITE HOUSE PICKS TO WORK ON AI, CRYPTO AND MORE: ‘AMERICA FIRST PATRIOTS’
Elon Musk arrives on Capitol Hill on Dec. 5, 2024, in Washington, D.C. (Anna Moneymaker/Getty Images)
David Sacks, who Trump tapped for White House AI and cryptocurrency czar, discussed Krishnan's view in a post this week.
ELON MUSK AND VIVEK RAMASWAMY POINT TO DOGE TARGETS
A Miami, Florida, business looking to hire workers on May 5, 2023. (Joe Raedle/Getty Images)
«Sriram still supports
Read more on foxbusiness.com
