Scott Tomlinson, opinion writer for The Houston Chronicle, predicts that MAGA voters, especially in Texas, are soon to have an unwelcome surprise, thanks to the DOGE commission of Elon and Vivek. They voted for deep budget cuts. They voted to downsize the federal government, aka the “Deep State.”
He writes:
President-elect Donald Trump’s coalition splintered over visas for specially skilled workers in recent weeks, which turned especially ugly on Twitter, now known as X.
Elon Musk told critics of the program, including Steve Bannon and Tucker Carlson, to “Take a big step back and FUCK YOURSELF in the face. I will go to war on this issue the likes of which you cannot possibly comprehend.”
Solving the immigration crisis is relatively easy compared to balancing the budget, which Musk is supposed to be focusing on. When Trump voters find out what must be cut or whose taxes must rise to stop deficit spending, they’ll start grabbing pitchforks.
U.S. politicians from both parties have unintentionally experimented with the global economy. By running up huge deficits, they tested Modern Monetary Theory, an idea put forward by the left.
MMT was a hot topic during the Obama administration, with proponents arguing that economic powerhouses like the United States don’t have to worry about deficits. Governments can print as much money as they want through borrowing as long as inflation doesn’t rise.
Oops.
Conventional macroeconomic theory recommends governments spend money, cut taxes and raise deficits during recessions. When the economy grows, governments should spend less, raise taxes and build surpluses. Governments should act as economic shock absorbers. We’re good at spending but not taxing.
Musk promises to cut federal spending by a third, or $2 trillion. The Texas Legislature ranks 10th in the nation for dependency on the federal government to pay for state spending, according to economists at Wallet Hub.
Federal funds pay for a third of the state budget, the Legislative Budget Board reports.
Imagine what would happen to Texas if the Legislature had to come up with $30 billion to make up for federal spending cuts?
Every dollar the federal government spends has a champion somewhere. If Musk tries to cut popular programs, the backlash over H1-B visas will seem like a walk in the park.
.
