| Unpredictable in many ways. On economic, I hear talk about looking for 2 trillion in cuts; that's likely to cause economic stagnation all by itself as previously observed in e.g. UK austerity measures since the financial crisis in the late 00s. Even on a smaller scale, any given cut is hard to forecast as a good/bad idea for the organisation itself (in the case the government) even for the guy at the top: for example consider that Musk cut what he thought of as pointless waste in each of his businesses, which works great in Tesla and SpaceX, has been a disaster for Twitter. Also, China is close to a peer, and deploying renewables and battery vehicles as fast as possible — and yes also coal last I heard. Then there's the talk of Musk being brought in despite the obvious conflict of interest. Wonder how that's going to play out, but given a substantial part of his wealth comes from electric vehicles, it's worth noting. On the other hand he wants thousands of Starship launches and has yet to demonstrate the Sabatier machines that would be necessary for (1) Mars and (2) making this carbon neutral on Earth. |
For just how much is made there, and on a per capita basis, China isn't doing too badly - neither is the UK, the US on the other hand has had super cheap energy for a long time, and a whole lot is predicated on it, so it's going to be tougher (even tougher now).