Dave Ramsey, who is widely known for his financial advice, appeared on Fox News to talk stimulus checks.
He said that if people’s lives are changed by a $600 or $1,400 check then they have even bigger issues at hand that need to be addressed.
“I don't believe in a stimulus check because if $600 or $1400 changes your life, you were pretty much screwed already. You got other issues going on,” Ramsey said.
He added, “That’s not talking down to folks. I’ve been bankrupt. I’ve been broke. I work with people every day who are hurting. I love people. I want people to be lifted up, but this is, again, it is just political rhetoric.”
He’s absolutely right though. My husband and I have just thrown the stimulus check we got towards debt we are paying off and it was nice to have a chunk to throw at it all at once. We have been fortunate enough to work through the pandemic and not be laid off. I couldn’t imagine relying on the government to send me a check just so I could pay my bills.
The Hill reports:
Ramsey also discussed during the interview how he doesn’t believe that student loan forgiveness will help stimulate the economy, and will only benefit those who would have been able to afford to pay off their debts.
Student loan forgiveness has been pushed by many on the left, including President Biden, who has endorsed the idea.
Despite not supporting government forgiveness of debt, Ramsey’s company, Ramsey Solutions, has paid off $10 million in debt for 8,000 people over the holiday season.
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