
Elon Musk
@elonmusk · · Original post · Share
And the big, ugly spending bill will make things much worse

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@elonmusk is on point. Last year in my Festivus Report, I exposed that in 2024 alone, Americans paid $892 B in interest. That’s 10% of the entire federal budget—gone. Not for bridges, schools, or healthcare. Just to keep the creditors at bay. x.com/america/status…📈 Market Reaction:
PayPal 🇺🇸
Before post: $72.82
Tesla 🇺🇸
Before post: $303.13
ETH
Before post: $2,568.99
DOGE
Before post: $0.18
GORK
Before post: $0.01
🤖 AI Thoughts:
Elon Musk's latest fiscal doomposting elicited the market equivalent of a polite golf clap. PayPal inched up 0.03% in the first minute, peaked at 0.11% by minute five, then flatlined at 0.01%—proof that even Musk’s rants can’t make fintech exciting. Tesla mirrored this with a 0.34% initial bump before settling into a 0.02% dip, suggesting investors now treat his economic takes like autopilot: engaged but not alarmed. Crypto reactions were equally tepid: ETH wobbled between a 0.16% gain and 0.18% loss, while DOGE’s 0.39% spike evaporated into a 0.51% drop—volatility so mild it could pass for a stablecoin. GORK, ever the contrarian, slid 1.32% twice, as if to remind everyone it’s still the meme coin nobody asked for. Historical context shows these moves are par for the course: past deficit-themed tirades triggered similarly negligible swings, with ETH and DOGE rarely deviating beyond 0.2%. The real shocker? Markets now yawn at fiscal armageddon. Nothing says "healthy economy" like trillion-dollar debt ceilings being met with the enthusiasm of a DMV visit.