America First Report
SUBSCRIBE
  • Home
  • Type
    • Original
    • Curated
    • Aggregated
  • Style
    • News
    • Opinions
    • Videos
    • Podcasts
  • About Us
    • Contact
  • America First Newsletter
No Result
View All Result
America First Report
  • Home
  • Type
    • Original
    • Curated
    • Aggregated
  • Style
    • News
    • Opinions
    • Videos
    • Podcasts
  • About Us
    • Contact
  • America First Newsletter
No Result
View All Result
America First Report
No Result
View All Result
Home Style Opinions

Elon Musk Rejects Conventional Economic Wisdom, Advocates Infinite Job Creation Potential

by Publius
December 25, 2024
in Opinions, Original
Elon Musk

Elon Musk, the billionaire entrepreneur, has dismissed what he calls “wrong-headed economic thinking” by suggesting there is “infinite potential” for creating jobs and businesses. Musk’s critique centers on the fallacy of a “fixed pie” in economics, where the assumption is that economic resources are limited and must be divided among the population.

In a post on X, Musk stated, “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!”

His comments were in response to entrepreneur Joe Lonsdale’s mention of Sriram Krishnan, who has been tapped by President-elect Trump for a role in the upcoming administration. Krishnan had previously advocated for lifting the cap on green cards to unlock skilled immigration, a policy that aligns with Musk’s vision for expanding economic opportunities.

Musk’s perspective challenges the traditional economic theories which often emphasize scarcity and competition for existing resources rather than the creation of new opportunities. His argument suggests that innovation and entrepreneurship can break the mold of traditional economic constraints, fostering an environment where new jobs and businesses can be created without being limited by current market conditions.

This viewpoint was further highlighted when Musk discussed the need for merit-based immigration policies. Krishnan himself has supported skills-based criteria for green card allocation, emphasizing that the best talent should be attracted to the U.S. regardless of their country of origin. Musk’s support for such policies aligns with his belief in an economy where growth is not zero-sum but can be expansive, driven by human ingenuity and innovation.

Musk’s comments also resonate with his involvement in multiple industries where he has not only created jobs but also significantly transformed sectors like automotive, aerospace, and now social media through his various ventures like Tesla, SpaceX, and X. His approach underscores a belief in an economy where new sectors can emerge, offering new employment opportunities.

By challenging the notion of a static economic pie, Musk advocates for a dynamic economic model where growth is perpetually possible through technological advancement and entrepreneurial ventures. This perspective has sparked discussions among economists, policymakers, and the public on how to view economic development and job creation in a rapidly changing global landscape.

Article generated from corporate media reports.

The ONLY faith-driven, patriotic news curator that opposes the left AND the “woke right.”

From the Editor: The Double Slipper Slopes

On the surface, this infinitely inclusive rhetoric sounds appealing. It removes limits to the potential for prosperity and who wouldn’t want that?

Well, actually, a lot of people wouldn’t want it for many reasons and greed isn’t one of them. This sounds very close to embracing the notion of Modern Monetary Theory in which money is uncapped and therefore even more worthless than the fiat monetary system we have in place today. And while Musk does not openly promote and would likely never overtly embrace the destructive theory, it’s an inescapable conclusion if policies were to enable his vision.

To be clear, I’m not suggesting that Musk is trying to bring about the destruction of our economy through Modern Monetary Theory any more than I would suggest that he’s calling for open borders with his idea of allowing uncapped “skilled” immigration, but both are inevitable if his ideas were to manifest in large scale.

There’s about a 90% chance that these particular ideas are simply fanciful whimsy with no attempts at practical application. Then again, there’s a small chance that he’s setting us up for the fall by being a covert shill for the Globalist Elite Cabal.

Fastest Growing





Two Storms, One Harvest

Empty Shelves

Every food crisis in living memory has been a one-shock event. The 2008 price spike was a commodity bubble. The 2020 shortages were a logistics failure. The 2022 grain scare was a war on one exporter’s ports. Each time, the system bent, adjusted, and recovered, and each time the experts assured us afterward that global markets are simply too big and too diversified to fail.

What nobody in Washington seems eager to discuss is that 2026 is shaping up to be something the modern food system has never actually faced. Two independent shocks, one climatic and one geopolitical, are converging on the same harvest cycle at the same time. Not sequentially. Simultaneously.

Start with the weather. The Pacific Ocean is currently building toward what forecasters now openly call a record event. NOAA’s Climate Prediction Center puts the odds of at least a strong El Niño near 88 percent, with roughly two in three odds it reaches “very strong” status, the tier reserved for perhaps three or four events in the entire satellite era. Every major global model now projects a median peak in Super El Niño territory, and most of them project it exceeding the 2015-16 event, which until now held the modern record. Sea surface anomalies were already brushing the super threshold in mid-July, months before these events normally peak. The atmosphere has already shifted into El Niño mode, and the event is forecast to crest in late fall and early winter.

This is not about “climate change.” It’s about the standard cycles of weather, and the cycle we’re currently in is one that has likely devastated societies in the past. We’re better prepared as a society today, but not all Americans are equally prepared.

Serious households have started doing the quiet math on their own. Grocery bills tell part of the story, and the forecast maps tell the rest, which is why long-term food storage has moved from fringe hobby to mainstream line item in the family budget, with established suppliers like Heaven’s Harvest seeing demand from people who five years ago would have rolled their eyes at the idea. That instinct is not paranoia. It is pattern recognition, and the pattern is worth walking through carefully.

Editor’s Note: Heaven’s Harvest IS a sponsor, but the warnings of this article are real and would be written even if we didn’t have a survival food sponsor. With that said, those who take advantage of what they offer can use promo code “Patriot” for 15% off.

The Fertilizer Clock Is Already Running

While the Pacific warms, the second shock has been unfolding in the Strait of Hormuz. The conflict with Iran turned the world’s most important energy chokepoint into a contested waterway, and the consequences reach far beyond the gas pump. Roughly a third of global fertilizer trade moves through Hormuz, and the disruption sent urea prices up 86 percent year over year by March, with a 53 percent jump in a single month.

The World Bank projects energy prices rising about 24 percent in 2026 and fertilizer about 31 percent. By its own accounting, fertilizer prices ran 35 percent higher in the first five months of this year than the same period last year.

Here is the mechanism the nightly news will not explain. Fertilizer is not a grocery item. It is a time-delayed input. The nitrogen a farmer in Iowa or Punjab could not afford to apply this spring does not show up as a problem this spring. It shows up as a thinner harvest six to twelve months later.

The World Bank’s own food security brief concedes that the effects of reduced applications earlier this season “are likely to become visible only later in harvest outcomes.” Translate that from institutional language into plain English and it means this. The damage is already done, it is already in the ground, and we are simply waiting for it to arrive on the shelf.

Now check the calendar. Six to twelve months from the spring planting season lands us squarely in late 2026 and early 2027. Which is precisely when the strongest El Niño in the instrumental record is forecast to peak, bringing its signature droughts to Southeast Asia, Australia, southern Africa, northern Brazil, and South Asia, the very regions that grow the world’s rice, sugar, and oilseeds.

The World Bank warns openly that a strong El Niño “could disrupt multiple crop belts simultaneously” on top of the conflict-driven input costs. Their baseline projection assumes the Middle East disruptions ease by autumn. What in the last two years of Middle East history suggests that assumption is safe?

The System Has No Slack Left

The comfortable answer is that global markets always adjust. But adjustment requires slack, and the slack is gone. Global cereal production is expected to decline from last year’s records even before El Niño does its work. The UN World Food Programme, hardly a den of right-wing preppers, is calling this the most significant disruption to its supply chains since Covid and the invasion of Ukraine, and its supply chain director put the stakes bluntly.

Today’s supply chain challenges are tomorrow’s hunger crisis.

There is also a political dimension that markets cannot price. When food gets scarce, governments do not behave like economists. They behave like politicians. Export bans, hoarding mandates, and panic buying at the national level turned the modest rice shortfall of 2008 into a global crisis, and analysts are already warning that import-dependent nations are the first dominoes.

The 2015-16 Super El Niño, a far weaker event than what is now forecast, threw tens of millions into food stress across Africa and Asia. This one is projected to be stronger, and it arrives with fertilizer already rationed by price and shipping lanes already contested by missiles.

What Joseph Knew

Scripture does not treat preparation for lean years as faithlessness. It treats it as wisdom delivered in advance to those willing to act on it.

Behold, there come seven years of great plenty throughout all the land of Egypt: And there shall arise after them seven years of famine; and all the plenty shall be forgotten in the land of Egypt.

Joseph did not respond to that warning with a hashtag or a committee. He stored grain during the years of abundance, and when the famine came, Egypt stood while its neighbors begged. The lesson is not that famine is certain. It is that the time to prepare is precisely when preparation still looks optional.

Nobody who filled a pantry in a year of plenty has ever regretted it, and nobody standing in an empty aisle has ever been glad he waited for certainty.

None of this calls for panic, and panic is the enemy of sound judgment anyway. It calls for the same unglamorous prudence our grandparents considered ordinary. Keep some cash margin, know your local growers, and put real food in deep storage while it is cheap and available, because the entire arc of this story is that cheap and available is a closing window.

Families looking for a straightforward place to start can visit Heaven’s Harvest and use promo code Patriot for 15 percent off long-term storable food. The forecasts may yet soften, the strait may yet reopen, and we should pray they do. But hope is a fine thing to hold and a foolish thing to eat.

Tags: EconomyElon MuskImmigrationLedeModern Monetary TheoryTop Story
Next Post
Putin

The Poplar Report: Europe Faces Energy and Food Challenges Amid Global Unrest

Comments 1

  1. Rob in MN says:
    2 years ago

    I respect Mr. Musk for his engineering prowess, his ability to assemble groups of intelligent people to attain success, his forward thinking, ingenuity and optimism, but his support for AI and robotics scares the hell out of me, I don’t like the idea of rushing headlong into the future, being led by people with avant garde philosophy, but have questionable morals in this regard, they are forcing change toward their lofty goals but never seem to consider the repercussions or the unforeseen consequences of their endeavors, they always highlight the potential glorious outcomes of their ideas but it seems that the negative or destructive side effects are never mentioned, or only briefly, and personally I do not wish to be ruled by super smart robots who have no spiritual guidance or understanding, in the end these are machines, and they cannot be programmed with any spirit or soul, this is all an artificial pipe dream and these things can easily have devastating and horrible consequences for the human race and for other life forms on this planet, it is happening at an ever increasing pace, and to me, all of this super modern technology is erasing forever what it means to be truly human, made in God’s image, and so I will remain opposed to all of this pie in the sky bullshit until someone, such as Mr. Musk, can give me one good reason why I should not. So far all he has done is to promote a half-baked, false optimism that is bereft of any existential guardrails or caution, he wants his fantasy world to become reality and as such, he comes off as an arrogant atheist who could care less about people who sincerely believe that God put us here for a reason, there is a reason for hardship and doing things the old fashioned way, not everything needs to change in order to satisfy these technocrats with their maniacal dreams, there should be resistance to this scale of societal change, it is reasonable to question it, and right now the objections and concerns of very good, honest people that care about the future of humanity and what we were actually put here for, and why we exist, are being wholly overlooked and set aside, because of the fantastically over-embellished proclamations of these technocrats who pride themselves on their intellectual prowess, but have no internal conscience or off button, or constraints when it comes to the effects of their plans on the deep spirituality of Man, or on the universe and life that God created naturally, it is as if they consider themselves gods and want to out-create the supernatural, and to me, this is what makes them inconsiderate and maniacal, I do not trust any of these technocrats, and I believe humanity is in great peril, as not one of these supposedly super intelligent people have given any indication that they are even remotely religious, or even remotely care what spiritually minded individuals may think about all of this. For this reason, I stand opposed to this digital super-science and AI until convinced otherwise. And it will be a cold day in Hell before they ever talk me into it, right now they aren’t even bothering to try.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *





  • About Us
  • America First Newsletter
  • Contact
  • Home
  • Newsletter
  • Privacy Policy
Site Operated By JD Rucker.

© 2023 America First Report.

No Result
View All Result
  • Home
  • Original
  • Curated
  • Aggregated
  • News
  • Opinions
  • Videos
  • Podcasts
  • About Us
  • Contact
  • Privacy Policy

© 2023 America First Report.