MUSKANOMICS

What Does Muskanomics Mean?

The Quick Answer

Muskanomics is a plan by Donald Trump and Elon Musk to decimate the federal government and enrich themselves.

More Details

Muskanomics is a term probably first used by Rajan Menon, a political scientist at the City College of New York, to describe a plan by Elon Musk, backed by Donald Trump, that aims to slash $2 trillion from federal spending by gutting regulations and downsizing the public sector. While Musk's plan is sold as a heroic crusade against government waste, critics argue it lacks a basis in fiscal reality and is more about self-serving deregulation and corporate gains. For example, firing all 2.3 million federal workers wouldn't even make a dent in Musk's outrageous target. Meanwhile, Musk's tactics echo his Twitter debacle—mass layoffs, impulsive decisions, and PR stunts disguised as policy. With vague plans to "trim defense" and eliminate USAID, Muskanomics seems less like fiscal reform and more like a billionaire’s dream to reshape government in his image.

Image for Muskanomics

Muskanomics lacks a basis in fiscal reality.

Summary of Key Points

MUSKANOMICS
Definition:	Billionaires’ Plan to Make the Rich Richer (Especially Themselves)
Type:	Word
Guessability:	3: Guessable
Typical Users:	Adults

An Academic Look at Muskanomics

• A new meaning for an existing word (e.g., cloud, mood, sick, viral).
• A completely new word (e.g., fomo, selfie, emoji).
• A new combination of existing words, or words with prefixes or suffixes (e.g., cloutrage, digital detox, situationship).

Neologisms are often the result of changes in technology, culture, or social norms, and they can be found in fields such as science, technology, politics, and popular culture. Some neologisms become widely used and enter mainstream vocabulary, while others remain obscure or limited to specific communities or contexts.

Example of Muskanomics Used in a Text

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