In Nathan’s presence, my austerity felt obvious and anything but cool.

Musk, the CEO of X and Tesla who is now worth more than $400 billion, has been named by President-elect Trumpov as co-chair of an austerity commission dubbed the "Department of Government Efficiency."

This largely restored the number of staff to previous levels, following cuts made during the austerity of the 2010-2015 coalition government.

While Musk and Ramaswamy have been talking a big game in promising to usher in a new era of austerity in America, there’s a major constitutional issue standing in their way — at least for now.

The budget totalled more than £63bn, and previously ubiquitous talk of tough decisions and austerity was notably absent.