YES, you read it right! This is all Dave Ramsey’s fault! It is easy to see that the current recession of our economy is to be solely contributed to Dave Ramsey. How? you ask! Why thank you, let me explain.
Mr. Ramsey is an advocate for reducing debt, eliminating debt, and refraining from getting yourself into debt. You can learn more about him and his views here. I have heard him personally illustrate and recommend to many people, pay your debt off, save your money. He is one who continually teaches personal financial responsibility. Now there is an amazing concept. Personal Responsibility???
The last 20 years has been built on just the opposite. Hardly an ad on TV goes by without making the product they are trying to sell seem irresistable. You can’t live without it. Buy it, and if you don’t have the cash for it, borrow! You must have it now. And it was becoming easier and easier to have it all now. Just remember some of Visa and Mastercards advertising slogans: There are some things money can’t buy. For everything else there’s Mastercard, It’s Everywhere You Want To Be, So Wordly so Welcome.
And so America was off to the races, buying houses we couldn’t afford, cars to keep up with our neighbors, filling our houses with stuff, and on and on and on. Knowing that tomorrow, we would find a way to pay for it. I’m not going to bore you or condemn you with statistics. We probably all have indulged in this to some degree. Our government is lowering interest rates to get us back into the game. In fact, they are leading the way, piling up more and more debt, adding more things for us to pay for. Thank you for a stimulus. ( I am predicting here, it is going to be more of a pork barrel spending program than it will go to bring this economy back to growth. )
Dear Mr. Ramsey, I am calling you out. This is your fault! If you had never advocated a different means of financial independence, if you had just kept quiet. If you had just kept to yourself and found a nice job selling vacuum cleaners and small appliances. If you had never done this yourself and made it simple for others to do, we wouldn’t be in this kind of mess. We’d all still be living high on the hog. If you are going to advocate this kind of behaivor in the American public, at least go to Washington and teach them to do the same.
Yes Mr. Ramsey, please continue to teach us to save us from……us!
Tomorrow: Chef Gordon Ramsey to blame for better Restaurant Hygeine!