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Elon Musk warns Mamdani policies and ‘low’ universal income would trigger ‘catastrophic decline’ in US living standards
Yahoo Finance· 2025-11-08 11:55
“The problem with communism is its universal low income,” he said. “I mean the thing about communism is it was all breadlines and bad shoes. Do you want ugly shoes and breadlines? Because that's what communism gets you.”While Mamdani identifies as a democratic socialist, Musk framed his critique in stark terms, likening potential policies to communism:“The government is the DMV at scale. Do you want the DMV running your supermarket?” He asked. “Was your last experience at the DMV amazing? And if it wasn't, ...