{"id":1503328,"date":"2022-06-04T09:04:05","date_gmt":"2022-06-04T13:04:05","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1503328"},"modified":"2022-06-04T09:54:14","modified_gmt":"2022-06-04T13:54:14","slug":"biden-responds-to-musks-super-bad-forecast-for-u-s-economy-lots-of-luck-on-his-trip-to-the-moon","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-responds-to-musks-super-bad-forecast-for-u-s-economy-lots-of-luck-on-his-trip-to-the-moon\/","title":{"rendered":"Biden Responds To Musk\u2019s \u2018Super Bad\u2019 Forecast For U.S. Economy: \u2018Lots Of Luck On His Trip To The Moon\u2019"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">38<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbiden-responds-to-musks-super-bad-forecast-for-u-s-economy-lots-of-luck-on-his-trip-to-the-moon%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1503328&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Democrat President Joe Biden responded to Tesla CEO Elon Musk\u2019s \u201csuper bad feeling\u201d about the U.S. economy on Friday by wishing Musk well on SpaceX\u2019s, trip to the moon.<\/p>\n<p>Musk\u2019s grim view of the economy led him to order executives at his company to \u201cpause all hiring worldwide,\u201d which comes after he <a href=\"https:\/\/www.dailywire.com\/news\/musk-remote-work-is-no-longer-acceptable-at-tesla\">told<\/a> employees who want to work remotely instead of the office that they should \u201cpretend to work somewhere else.\u201d<\/p>\n<p>\u201cThe United States economy shrank at a 1.5% annualized rate in the first quarter of 2022, according to the Bureau of Economic Analysis, which associates recessions with two consecutive quarters of negative growth,\u201d The Daily Wire <a href=\"https:\/\/www.dailywire.com\/news\/elon-musk-has-a-super-bad-feeling-about-the-economy-wants-a-massive-layoff-at-tesla\">reported<\/a>, noting that the economy has been troubled \u201cby numerous phenomena \u2014 including persistent inflation, high gas prices, and the Russian invasion of Ukraine,\u201d as well as supply chain issues.<\/p>\n<p>A reporter asked Biden about Musk\u2019s comments on Friday at the conclusion of a press conference on the May Jobs report.<\/p>\n<p>\u201cMr. President, Elon Musk has asked \u2014 has said that he has a \u2018super bad feeling\u2019 about the U.S. economy. He is laying off 10 percent of his workforce,\u201d the reporter said. \u201cWhat do you say to Elon Musk about his feeling about the economy? Jamie Dimon has said similar things.\u201d<\/p>\n<p>\u201cWell, let me tell you. While Elon Musk is talking about that, Ford is increasing their investment overwhelmingly. I think Ford is increasing the investment in building new electric vehicles: 6,000 new employees \u2014 union employees, I might add \u2014 in the Midwest,\u201d Biden said. \u201cThe former Chrysler Corporation, Stellantis, they\u2019re also making similar investments in electric vehicles.\u201d<\/p>\n<p>\u201cSo, you know, lots of luck on his trip to the Moon,\u201d Biden mocked. \u201cI mean, I don\u2019t \u2014 I mean, you know.\u201d<\/p>\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/hashtag\/BREAKING?src=hash&#038;ref_src=twsrc%5Etfw\">#BREAKING<\/a>: President Biden responds to Elon Musk&#8217;s &#8220;super bad feeling about&#8221; the US economy and wants to cut 10% of workforce: &#8220;Lots of luck on his trip to the moon.&#8221; <a href=\"https:\/\/t.co\/QEYnPI6hlf\">pic.twitter.com\/QEYnPI6hlf<\/a><\/p>\n<p>\u2014 Forbes (@Forbes) <a href=\"https:\/\/twitter.com\/Forbes\/status\/1532741829963268098?ref_src=twsrc%5Etfw\">June 3, 2022<\/a><\/p>\n<p>Musk quickly responded to Biden by writing on Twitter, \u201cThanks Mr. President!\u201d<\/p>\n<p>Musk included a link to a statement from NASA about how the agency selected Musk\u2019s SpaceX to \u201ccontinue development of the first commercial human lander that will safely carry the next two American astronauts to the lunar surface\u201d as part of the agency\u2019s Artemis program.<\/p>\n<p>\u201cThe agency\u2019s powerful Space Launch System rocket will launch four astronauts aboard the Orion spacecraft for their multi-day journey to lunar orbit,\u201d the statement said. \u201cThere, two crew members will transfer to the SpaceX human landing system (HLS) for the final leg of their journey to the surface of the Moon. After approximately a week exploring the surface, they will board the lander for their short trip back to orbit where they will return to Orion and their colleagues before heading back to Earth. The firm-fixed price, milestone-based contract total award value is $2.89 billion.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Democrat President Joe Biden responded to Tesla CEO Elon Musk\u2019s \u201csuper bad feeling\u201d about the U.S. economy on Friday by wishing Musk well on SpaceX\u2019s, trip to the moon. Musk\u2019s grim view of the economy led him to order executives at his company to \u201cpause all hiring worldwide,\u201d which comes after he told employees who &#8230;<\/p>\n","protected":false},"author":102,"featured_media":1503343,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1503328","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1503328","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/102"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1503328"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1503328\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1503343"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1503328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1503328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1503328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}