Followed Dave’s advice years ago. Thanks to him paid off mortgage early and have no debt. Pay cash for most things and never buy a new car. Saved a ton of money. Have a large emergency fund too. He used to have a radio show every afternoon which I listened to on my way home from work. Got my son to listen to him and now my son has no debt and a nice emergency fund. Also taught him how to invest. Most people live with tons of debt and multiple credit cards. Wish more people would take his advice and WAKE UP!
Dave Ramsey "Ambiguity" - key word (management style?) he used to describe leadership under Kamala Harris and incumbency; the economic uncertainty one should expect to continue.
Folks say, "I don't know what Kamala Harris stands for." That's because she bases her political career on vapid political messaging but has no political soul. no personality. no real personal charm. no heart. Policies come with no realism, no backbone. When she goes national with her soulless politics in a presidential campaign she's left with two subjective points of attack 1) anti-DJT 2) promise of a future.
If a voter refuses to fall prey to the subjective attack (ie refuse to act like a victim), they will be less likely to accept a vapid cure-all her political-stereotype panders to the masses.
Fear of the future manifested as a promise to cure cancer; a promise of everlasting life; a promise of a future, but they never deliver. No wonder it's ambiguous in construct. Yet get reelected exploiting fear of the future.
Over and over. until one day, the voter says "enough". There will be no $25k per household for Black first time homeowners, if simply bc it's unconstitutional. There will be no $50k per new startup because last year there were 5,450,000 startups alone and they got to fund Ukraine (remember?). It's all promises, promises that no one can bank on. It's not just ambiguous, it's exploitive.
When and if they lose, the DNC deniers will fall back on the basic retort that the voter is just not "educated" ...that's what comes out of 75% of the DNC political campaign operative mouth "we (DNC) are trying to 'educate' the voter"
Some proposals will never fly as they are either unconstitutional or won't pass muster. Some are basically lies. For example, the $50K for startups as an allowed deduction. These expenses are always deductible in a sense but current law allows $5K and then the balance to be amortized, or deducted over time, to reflect that the costs match revenues over a number of years. It is merely a timing issue.
And as many of the tax provisions, they were never inflation indexed so that their worth decreases over time. This is one of the issues with the $3K limit on capital losses allowed each year or even with the SALT $10K limit for state and local taxes. It is hitting more and more persons as our state and property taxes increase.
If you want to enlarge your range on monetary issues, you might find the neglected but important and visionary l9th century populist monetary theory which gives us a dramatic and democratic way of thinking about money and finance:
Not sure what you mean by the term. But, yes, it's a way of circulating capital back through the general population by offering at cost, grass roots issued loans to ordinary citizens by a decentraliz9ed public banking system.
Important ‘reality’ questions: 1) How well do you think Kamala could negotiate for America’s interest with our misogynist dictator counterparts? 2) Does it matter?
Followed Dave’s advice years ago. Thanks to him paid off mortgage early and have no debt. Pay cash for most things and never buy a new car. Saved a ton of money. Have a large emergency fund too. He used to have a radio show every afternoon which I listened to on my way home from work. Got my son to listen to him and now my son has no debt and a nice emergency fund. Also taught him how to invest. Most people live with tons of debt and multiple credit cards. Wish more people would take his advice and WAKE UP!
Dave Ramsey "Ambiguity" - key word (management style?) he used to describe leadership under Kamala Harris and incumbency; the economic uncertainty one should expect to continue.
Folks say, "I don't know what Kamala Harris stands for." That's because she bases her political career on vapid political messaging but has no political soul. no personality. no real personal charm. no heart. Policies come with no realism, no backbone. When she goes national with her soulless politics in a presidential campaign she's left with two subjective points of attack 1) anti-DJT 2) promise of a future.
If a voter refuses to fall prey to the subjective attack (ie refuse to act like a victim), they will be less likely to accept a vapid cure-all her political-stereotype panders to the masses.
Fear of the future manifested as a promise to cure cancer; a promise of everlasting life; a promise of a future, but they never deliver. No wonder it's ambiguous in construct. Yet get reelected exploiting fear of the future.
Over and over. until one day, the voter says "enough". There will be no $25k per household for Black first time homeowners, if simply bc it's unconstitutional. There will be no $50k per new startup because last year there were 5,450,000 startups alone and they got to fund Ukraine (remember?). It's all promises, promises that no one can bank on. It's not just ambiguous, it's exploitive.
When and if they lose, the DNC deniers will fall back on the basic retort that the voter is just not "educated" ...that's what comes out of 75% of the DNC political campaign operative mouth "we (DNC) are trying to 'educate' the voter"
Some proposals will never fly as they are either unconstitutional or won't pass muster. Some are basically lies. For example, the $50K for startups as an allowed deduction. These expenses are always deductible in a sense but current law allows $5K and then the balance to be amortized, or deducted over time, to reflect that the costs match revenues over a number of years. It is merely a timing issue.
And as many of the tax provisions, they were never inflation indexed so that their worth decreases over time. This is one of the issues with the $3K limit on capital losses allowed each year or even with the SALT $10K limit for state and local taxes. It is hitting more and more persons as our state and property taxes increase.
Tucker,
If you want to enlarge your range on monetary issues, you might find the neglected but important and visionary l9th century populist monetary theory which gives us a dramatic and democratic way of thinking about money and finance:
https://www.amazon.com/Peoples-Money-Public-Banking-United/dp/1666949019/ref=sr_1_1?crid=1GYTJRX3JQCNS&keywords=Adrian+Kuzminski+The+People%27s+Money&qid=1703618666&s=books&sprefix=adrian+kuzminski+the+people%27s+money%2Cstripbooks%2C72&sr=1-1
Is this the same as Distributism?
Not sure what you mean by the term. But, yes, it's a way of circulating capital back through the general population by offering at cost, grass roots issued loans to ordinary citizens by a decentraliz9ed public banking system.
I got into big big debt. Dave helped me get out! I’ve been debt free since 2019.
Important ‘reality’ questions: 1) How well do you think Kamala could negotiate for America’s interest with our misogynist dictator counterparts? 2) Does it matter?