logo
Trump vs. Musk: Should we laugh or weep?

Trump vs. Musk: Should we laugh or weep?

The Hilla day ago

When you know a couple getting divorced, you might face a dilemma as to whose side to take. Such is not the case in the bitter public breakup between President Trump and Elon Musk. It is easy to say, 'A plague on both your houses.'
The verbal fisticuffs between the world's wealthiest and the most powerful social media moguls is amusing but delivers nothing of substance to the American people.
The brickbats flew when Musk called Trump's 'big beautiful' tax bill a 'disgusting abomination,' urging Congress to 'KILL the BILL.' Then Musk rhetorically polled his flock on X as to whether it was time to found a new political party representing the 80 percent of Americans 'in the middle.'
Trump responded on his Truth Social that 'Elon was 'wearing thin'. I asked him to leave… and he just went CRAZY!' Trump in fact didn't fire Musk — Musk termed out, reaching the maximum number of days he could serve as a 'special government employee.'
Trump's response was measured: 'I don't mind Elon turning against me, but he should have done so months ago. This is one of the greatest bills ever presented to Congress.'
The budget bill would, according to the nonpartisan Congressional Budget Office, grow the debt by $2.4 trillion over the next decade. Despite Trump's exaggerations, he cannot extend tax cuts and impose inflationary tariffs without causing slower growth and higher interest rates (in the process increasing the cost of debt service). There is also the clear and present danger that the escalating debt will trigger a cataclysmic financial crisis. And his beautiful bill leaves almost 11 million Americans without health insurance over the next decade.
Musk endorsed a tweet suggesting that Trump should be impeached and replaced by Vice President JD Vance, then attacked Trump's most beloved issue: 'The Trump tariffs will cause a recession in the second half of this year.' The nonpartisan Organization for Economic Cooperation and Development essentially agrees that the tariffs are inflationary and will throttle growth.
Musk also dropped a stink bomb: 'Donald Trump is in the Epstein files. That is the real reason they have not been made public,' referring to the disgraced financier Jeffrey Epstein, who killed himself in a federal prison while facing charges of sex trafficking.
The derisive comments represented a stunning turnabout. Less than a week before, Trump gave Musk a key to the White House as an expression of gratitude for his work with the White House's Department of Government Efficiency or DOGE.
What brought it all on? Trump said Musk was 'upset' that the pending legislation would roll back subsidies for electric vehicles. Musk denied he was even aware of it. While the game may be afoot between the men in the arena, there is more to this lovers' quarrel. The rift involves political risks for both sides. Trump aides promptly reached out to Musk in an effort to deescalate the conflict. There are now signs of an uneasy truce, even though Trump says he has no desire to mend the rift. Musk's posts about Epstein and possible impeachment were deleted, but who knows whether the cease-fire will hold.
Before we start dancing and singing, 'Ding Dong, the witch is dead,' it is important to remember that certain salient features of the Trump-Musk regime remain. DOGE post-Musk is still with us, and it has not saved money while doing lasting damage. Nor has it created efficiency — it has thrown the baby out with the bathwater.
The Trump-Musk budget (which Musk has now repudiated) cuts research funding to the bone — steps that would make the country less healthy and leave the field to China. For the past 80 years, the federal government has supported scientific research as a national engine of innovation. Support of basic research by the National Institute of Health has accomplished spectacular advances and makes critical contributions to the economy.
For fiscal 2025, the total NIH budget is $48 billion, which may not even be fully awarded; the Trump budget for 2026 proposes to chop it by 44 percent to $27 billion. Meanwhile, China has nearly caught up to us in biotechnology and already conducts more clinical trials than the U.S. and Europe combined. Trump has terminated NIH grants before their scheduled end dates, with an inexplicably heavy bias against infectious disease and vaccine research — not to mention his war on our universities, with total termination at Harvard and freezes at Columbia, Brown and Northwestern.
The Trump-Musk divorce is a reminder of indefensible policies, not a harbinger of good news. We will still witness (subject to eventual court rulings) Trump's revenge on law firms he doesn't like, arbitrary firings of civil servants and agency officials, and reciprocal tariffs based on specious claims of 'national emergency.'
The poster child of the Trump-Musk legacy is the shuttering of USAID, a soft power success for 80 years that won hearts and minds for America globally.
Pete Hegseth is still running amok in the Department of Defense, compromising national security with insecure communications of classified material and dismissing seasoned officers because of race, gender or alleged political disloyalty. Kristi Noem's Department of Homeland Security is still illegally deporting individuals without notice, hearing or hard evidence of undesirability. And Pam Bondi's Justice Department will continue to arrest judges, recommend pardons for the criminal faithful and dismiss strong cases against corrupt politicians.
Much of what Trump has done is obviously illegal, but we will have to see if the courts stand up to him or water down their rulings to avoid a constitutional crisis. But legalities aside, is any of this sound policy?
The Trump-Musk spat may be amusing, but, as Lord Byron wrote, 'And if I laugh at any mortal thing, 'Tis that I may not weep.'
James D. Zirin, author and legal analyst, is a former federal prosecutor in New York's Southern District. He is also the host of the public television talk show and podcast Conversations with Jim Zirin.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

UnitedHealth Seeks $1B Latin America Exit: Sources
UnitedHealth Seeks $1B Latin America Exit: Sources

Yahoo

time12 minutes ago

  • Yahoo

UnitedHealth Seeks $1B Latin America Exit: Sources

UnitedHealth Group Incorporated (NYSE:UNH) is one of the best Dow stocks to invest in. The company is considering several offers for its Latin American business, according to two insiders familiar with the situation, as it works to recover from a series of major setbacks, including the removal of its CEO and a reported criminal accounting investigation. The largest US health insurer has aimed to exit Latin America since 2022, but selling its Banmedica unit has become more urgent recently due to multiple challenges, one source said. A senior healthcare professional giving advice to a patient in a clinic. New CEO Steve Hemsley told shareholders last week that he is focused on regaining their confidence following a disappointing earnings report and a Wall Street Journal story about a criminal probe into alleged Medicare fraud. UnitedHealth Group Incorporated (NYSE:UNH) maintains it has not been notified by the Department of Justice and stands by its business integrity. UnitedHealth Group Incorporated (NYSE:UNH) has received four non-binding bids for Banmedica, which operates in Colombia and Chile, totaling around $1 billion, according to sources who requested anonymity due to the confidential nature of the negotiations. While we acknowledge the potential of UNH as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure. None. Sign in to access your portfolio

Disney to Pay Comcast $438.7M for Full Hulu Ownership, Ending Valuation Dispute
Disney to Pay Comcast $438.7M for Full Hulu Ownership, Ending Valuation Dispute

Yahoo

time12 minutes ago

  • Yahoo

Disney to Pay Comcast $438.7M for Full Hulu Ownership, Ending Valuation Dispute

The Walt Disney Company (NYSE:DIS) is one of the best Dow stocks to invest in. The company has agreed to pay Comcast $438.7 million to buy out its remaining stake in the streaming service Hulu, ending a lengthy appraisal process. In 2023, The Walt Disney Company (NYSE:DIS) announced its plan to acquire Comcast's 33% share of Hulu, paying $8.6 billion based on a minimum value of $27.5 billion that the companies had agreed on in 2019. This move wasn't unexpected, as reports had indicated Disney's intention to gain full control of Hulu. The Walt Disney Company (NYSE:DIS) had originally acquired a two-thirds stake in Hulu through its purchase of Fox Corp.'s entertainment assets. After the initial payment, Disney and Comcast entered an appraisal process initially set to finish in 2024. The deal is expected to be finalized by July 24. Disney CEO Bob Iger made the following statement: 'We are pleased this is finally resolved. We have had a productive partnership with NBCUniversal, and we wish them the best of luck.' Meanwhile, The Walt Disney Company (NYSE:DIS) has started merging Hulu with its other streaming services, which are also bundled with ESPN+, its sports streaming platform. While we acknowledge the potential of DIS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure. None.

Mayor Bass, regional mayors call for end to ICE raids in Southern California: "Our communities are not battlegrounds"
Mayor Bass, regional mayors call for end to ICE raids in Southern California: "Our communities are not battlegrounds"

CBS News

time13 minutes ago

  • CBS News

Mayor Bass, regional mayors call for end to ICE raids in Southern California: "Our communities are not battlegrounds"

After days of violent and destructive protests in Los Angeles, fueled by an increase in immigration enforcement operations, Mayor Karen Bass and other regional mayors called for an end to Immigration and Customs Enforcement raids. At a news conference Wednesday morning, Bass said the unrest in a portion of Los Angeles started last Friday after immigration operations were carried out in several parts of Southern California. Bass told reporters that LA and surrounding cities were "peaceful" before the raids. Mayor Karen Bass called on the Trump administration to end the immigration enforcement operations taking place across the Southern California region. KCAL News She explained that the raids have caused fear in immigrant communities, and accused President Trump of worsening the situation when he ordered the deployment of National Guard and U.S. Marine troops. She called for an end to ICE raids and the federalization of troops. "When you start deploying federalized troops on the heels of these raids, it is a drastic and chaotic escalation and completely unnecessary," Bass said. Mr. Trump posted on his Truth Social platform, claiming that his decision to deploy troops to LA saved the city from burning to the ground. "The great people of Los Angeles are very lucky that I made the decision to go in and help!!!," he wrote. Her speech came a day after she implemented a curfew in a portion of downtown LA after five consecutive nights of demonstrations, which have escalated to clashes between protesters and law enforcement officers, as well as hundreds of arrests. Since the start of the protests, parts of downtown LA have been covered in graffiti, businesses have been looted and public property has been vandalized. TOPSHOT - A car burns as a demonstrator waves a Mexican national flag during a protest following federal immigration operations, in the Compton neighborhood of Los Angeles, California on June 7, 2025. RINGO CHIU/AFP via Getty Images During an interview Wednesday morning on CBS Los Angeles, Bass explained that the curfew will be extended until it is necessary to ensure public safety. The curfew currently runs for one square mile in the downtown area from the 5 Freeway to the 110 Freeway and from the 10 Freeway to where the 110 Freeway and 5 Freeway merge from 8 p.m. to 6 a.m. Bass has also taken to social media to share how the raids are affecting the city. In a post on X, she wrote, "Angelenos are trying to live their lives—going to work, caring for their families—while facing the constant threat of sudden immigration crackdowns." Other mayors from across Southern California joined Bass, calling for an end to the ICE raids. The Mayor of Huntington Park, Arturo Flores, a U.S. Marine Corps combat veteran, told reporters that the military neighborhoods. "The deployment of Marines on our U.S. soil is an alarming escalation that undermines the values of democracy," Flores said. "Our communities are not battle grounds." Flores said the ICE raids being carried out in his community and others across the region are a form of intimidation that traumatizes hardworking residents. He said fear-based tactics are being used to target immigrant communities. The Mayor of Paramount, Peggy Lemons, added that residents are choosing not to leave their homes or send their children to school out of fear that ICE will take them away. "For many in our city, this has been the most devastating time in recent memory," Lemons said. She said immigrants, who play such an important role in the makeup of the region, should not have to live in constant fear.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store