Elon Musk: A Nation Thrives When People Produce Useful Things

Elon Musk: The more people in a country produce useful things, the better off that country will be.

“As government spending is made more efficient and spending is reduced, the tax via inflation is reduced. One way or another, you will effectively be better off if resources in the United States are not wasted.

People will do more useful jobs than before, the total output of goods and services will increase, and then the average standard of living will increase.

The most important lesson in economics is simply common sense: the more people in a country that are engaged in producing useful products and services, the better off that country will be.

Generally, I think you want to minimize the number of people in government. You want to keep that to a minimum and move people from low to negative-productivity roles to high-productivity roles in the private sector.”

Town Hall in Green Bay, Wisconsin, March 30, 2025