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Dave Ramsey is a hack.
Universal basic income is 'straight out of the Karl Marx playbook,' financial guru Dave Ramsey says
Submitted 4 months ago by return2ozma@lemmy.world to aboringdystopia@lemmy.world
Comments
deegeese@sopuli.xyz 4 months ago
Rottcodd@lemmy.world 4 months ago
Handing out cash with no strings attached discourages people from working and
reaping the rewards of individual successmaking some undeserving piece of shit even richer.Deceptichum@sh.itjust.works 4 months ago
“This is straight out of the Karl Marx playbook — this is not out of the Adam Smith playbook," Dave Ramsey said about UBI on “The Ramsey Show” last summer.
Funny considering Smith and Marx have far more in common than not.
sp3tr4l@lemmy.zip 4 months ago
Dave Ramsey is possibly one of the best examples of a mediocre white man failing upward.
His entire origin story is literally failing multiple times at being a real estate investor until he finally got lucky and it worked out.
His life story illustrates basically perfectly that if you have enough money and luck, you can be pretty wealthy basically extremely easily.
I say easily because any fucking moron can spew self help bullshit.
Sure, the debt snowball is generally a good strategy, but the rest of his advice is basically slave away, sigma grindset (before that term came about), eat rice and beans for 5 years so that you can be well off after the best years of your life have gone by.
He is a walking talking manifestation of survivorship bias, and there have been many times he gets offended by the idea that everyone cannot be as lucky as him, which he incorrectly thinks is because they are lazy or stupid.
ealoe@ani.social 4 months ago
Common Dave Ramsey L
Nofearfrontier@lemmy.world 4 months ago
Piss baby guru Dave.
randomdeadguy@lemmy.world 4 months ago
I respect Ramsey but he’s just so mean to those chefs sometimes
chicken@lemmy.dbzer0.com 4 months ago
Meanwhile I’ve argued against plenty of Marxists who think UBI is a liberal conspiracy
masquenox@lemmy.world 4 months ago
who think UBI is a liberal conspiracy
It’s not a liberal conspiracy - it’s just liberalism.
masquenox@lemmy.world 4 months ago
TIL… Karl Marx had a “playbook.”
HelixDab2@lemm.ee 4 months ago
Ramsey has been a shitbag for a long time. This is no surprise.
My parents gave me a subscription to his financial university program a number of years ago. Some of the basic concepts are great, like the debt snowball. On the other hand, he places the blame for insufficient income on the people; if you simply can’t cut enough expenses, then you need to earn more money, so get a better job you lazy schmuck. …As if that actually worked for most people. It entirely ignores economic realities, where a large number of people have to lose so that a very few people can win.
gnate@lemmy.world 4 months ago
The snowball method can be helpful in a psychological sense, but it’s less than ideal from a financial standpoint. (You can pay down debt faster with more conventional methods, IF you stick to them.)
Good_morning@lemmynsfw.com 4 months ago
Right, like if I’m remembering terms correctly, avalanche is the way to go, highest interest first. Dave Ramsey is awful though, doesn’t take much to figure that out.