Payam Javan: On August 12, former President Donald Trump and Elon Musk, CEO of the social media platform X, engaged in a lengthy and wide-ranging discussion covering a variety of topics, including inflation, government spending, and energy policy. During their conversation, Trump proposed that Musk could lead a government efficiency commission to address overspending, which he believes is a major driver of inflation. Musk expressed willingness to help if such a commission were established, and both leaders agreed on the need to address government waste and reduce inflation’s impact on everyday Americans.

The interview, which faced a delay of over 30 minutes due to a DDoS attack on X, was well-received with over one million listeners tuning in. Musk and Trump discussed the need for a transition to a sustainable energy economy, with Musk advocating for a balanced approach that avoids vilifying the oil industry while gradually shifting towards sustainable energy. Trump, meanwhile, emphasized the need to reduce energy prices to remain competitive with China and highlighted his efforts to lower costs, including negotiating a reduction in Air Force One expenses during his presidency.

Trump also reflected on his administration’s deregulation efforts and how the COVID-19 pandemic disrupted plans for further tax reductions and debt reduction. He criticized subsequent relief spending for adding substantial debt to the deficit and exacerbating inflation. Both Trump and Musk concluded that addressing government overspending and energy costs are crucial for improving economic conditions and supporting American livelihoods.