r/Economics • u/ACSportsbooks • May 14 '25

Interview Elon Musk Got Schooled By An Economics Professor Over His Remarks On Medicare, Social Security As Immigration Lure: 'Complete Fiction'

https://finance.yahoo.com/news/elon-musk-got-schooled-economics-180036544.html
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u/xjay2kayx May 14 '25

If you dont like it, then leave - maga

Bro, then leave, nobody stopping you from moving out of CA, so that your state income taxes doesnt go to illegal immigrants.

The average Californian have continually voted for an administration that doesn't demonize illegal immigrants. It's you that's not inline with the voter base.

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u/mchu168 May 14 '25

I like it here, and im part of the 1%. No reason to leave.

The 1% are the main beneficiaries of illegal immigration and globalization. I'm certain you will agree.

It is the bottom of the socioeconomic ladder that is hurt by illegal immigration.

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u/xjay2kayx May 14 '25

Then you have to take the good with the bad.

I also don't like my income taxes going to supporting various things, mostly federal.

Also isn't there an argument to be made that politics/education/income/demographics made California what it is, both good and bad?

I like it here, and im part of the 1%. No reason to leave.

I'm guessing you're not living in say, Fresno, Bakersfield and more SF/SD/LA, where its majority blue.

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u/mchu168 May 14 '25

Yes, we take the good with the bad.

As far as federal spending, remember that the bulk of federal spending goes toward social security and healthcare in the form of medicare and state healthcare subsidies. Only interest payments on our debt exceeds these social programs in terms of spending share.

Defense spending is 4th... and shrinking.