I’ve always seen people such as Kiyosaki and Trump and others such as Dave Ramsey and Clark Howard as two opposite points on a pendulum. Either extreme is dangerous but somewhere in the middle between the two is good place to be. A similar allegory applies to labor and capital. Each has been at an extreme of power in our nation’s history and neither extreme is good.
I listened to Dave Ramsey a lot when he first came onto the NY radio market several years back. Now I don’t think he’s on at all here. His message was, to me, both commonsensical, and had nearly revolutionary potential.
His overwhelming emphasis was on GET OUT OF DEBT COME HELL OR HIGH WATER, AND DO IT ASAP! He also shot through his message with a healthy dose of Christian principles, and sometimes would ask a caller “So, how are you with this debt MORALLY?” I woulda thought Ramsey would become MUCH bigger with the economic collapse started 2 1/2 years ago, but the opposite seems to have happened: it didn’t matter so much if you paid off all your debt-—banks were only too happy to take your money, though they still needed bailouts ANYWAY,the government is still accumulating debt in your name, and your children’s name, and you’re having a much harder time getting any credit, which you’re going to need since that same Government has either destroyed your livelihood or put it at risk.