A professor and former Department of Labor economist is warning that unelected billionaire Elon Musk is likely sending the United States headlong into a huge recession. In a post on Bluesky, Jesse Rothstein, a University of California, Berkeley public policy professor who was the DOL's chief economist at the start of Barack Obama's administration, apprised the dire situation ushered in by Musk and his boss. "It seems almost unavoidable at this point," Rothstein wrote, "that we are headed for a deep, deep recession." Between the hundreds of thousands of government jobs on the chopping block and the massive cancellations of […]

---

Link :
https://futurism.com/economist-elon-musk-recession