American financial expert Dave Ramsey sat down for an interview with GOP presidential candidate Donald Trump that was released Wednesday, with the pair game-planning how to get America out of its financial rut.
Ramsey reached out to both Trump and Democrat presidential candidate Kamala Harris for a discussion about economic factors average Americans care about, such as “$7 eggs, $5 gas, 7% interest rates, and house prices going up faster than their wages are going up.”
However, as of now the Trump campaign was the only one to respond and follow through with an interview.
The economic guru claimed he’s “sick of the mudslinging” in politics and wants to “talk about ideas” to create solutions for America’s financial woes.
Regarding inflation, the Republican nominee told Ramsey, “The first thing you have to do is get the energy down. If you get the energy down, other things will follow… We are going to drill at a level you haven’t seen since four or five years ago.”
Ramsey agreed that drilling for oil would reduce American energy prices, and therefore help boost the economy overall.
“In terms of inflation, you’re right. And it’s almost inflation over the economy, if you want to really know, because people are getting wiped out like never before,” Trump explained. “I think it’s the highest inflation we’ve ever had. They say it’s the highest in 48 years. I think it’s the highest ever. The first thing you have to do is get the energy [costs] down.”
On the topic of Trump’s controversial corporate tax cuts, the 45th President said he’d drop the rate even lower than in his first term.
The catch is that only companies that manufacture products in America will be able to reap the benefits of the tax cut while there will be tariffs on foreign nations importing products so they don’t undercut U.S. corporations.
Straying away from economics for a moment, Ramsey asked Trump about the bullet that grazed his ear when attempted assassin Thomas Crooks shot him in Butler, Pennsylvania back in July.
Donald said there was “maybe more than luck” involved in the incident and noted when he begins his speech for his return to Butler on Saturday, he’ll begin by telling the crowd, “As I was saying …”
Ramsey joined Stuart Varney on Fox News Wednesday to share his thoughts on the Trump interview.
“I tried to just sit back and listen,” the financial expert said. “I wanted to talk about ideas on a pretty low, even keel instead of getting into stump hyperbole and all of that. And by and large, if you watch the interview, we were able to do that.”
“He was very direct and very knowledgeable about tax rates and about the things that move in the energy world and how that does intersect the economy, and how to control a commodity market as best you can from the presidential seat,” he added.
Donald Trump is lightyears ahead of both Kamala Harris and Tim Walz when it comes to economics and the Ramsey interview excellently highlights that fact.