Pete Buttigieg on Losing Tech to Republicans, Taxes, and AI's Job Threat

Pete Buttigieg discusses why Democrats lost support from tech leaders like Elon Musk and Mark Zuckerberg, suggesting it's partly due to Republican policies favoring the wealthy, like tax cuts, though he argues Dems better foster a stable business environment with rule of law and science-based decisions. On taxes, he supports higher rates for the ultra-rich to address inequality—comparing it to property taxes—but opposes extreme wealth taxes like a 5% billionaire levy in California, emphasizing fairness without crushing innovation. He critiques government waste, like slow EV charger rollouts under Biden (only hundreds built despite billions allocated, due to prioritizing U.S. manufacturing over speed), and proposes a "Department of Government Efficiency" to cut redundancies, though he slams Trump's version as chaotic. Buttigieg warns U.S. debt at $38 trillion is unsustainable, differing from some Dems by calling for balanced budgets through healthcare cost cuts and revenue boosts, not endless borrowing. He admits identity politics hurt Dems by fragmenting messages (e.g., tailored appeals to groups instead of unified economic plans), and navigates party extremes by supporting moderate stances like secure borders without brutality. On immigration, he faults Biden for delaying action, allowing chaos, but criticizes Trump's fear-driven deportations that profile citizens. For AI and automation, he fears massive job loss—like Amazon cutting 30,000 roles—worsening inequality, drawing from Midwest factory closures where bigger economic pies didn't help workers; he urges smart policies to spread benefits, avoiding winner-take-all outcomes like China dominating tech. Overall, he envisions government filling market gaps (e.g., funding basic research for innovations like the internet) while encouraging private sector strengths.

Check the post here.