Donald Trump told CEO and finance guru Dave Ramsey how he plans to fix the economy if elected during a wide-ranging interview.
Ramsey, bestselling author, radio host and economic consultant whose net worth is it is believed to be between $150 and $200 million, spoke with the former president and Republican candidate on The Dave Ramsey Show for a 25-minute chat.
He told Ramsay that inflation is “more important than the economy” and that he plans to lower prices by 50% in his first year in office and that when energy prices go down, interest rates and “other things they are going to continue.”
The former president’s plans rely heavily on unleashing oil and other forms of American energy to increase supply and demand.
“I’d like to use another phrase, but there’s no better phrase: Let’s drill, baby, drill,” because “Take that burden off the shoulders of the economy and inflation itself,” Trump said.
CEO and financial guru Dave Ramsey emerged from a wide-ranging interview with Donald Trump impressed with his plans for the economy should he win back the White House.
‘The first thing you have to do is lower the energy. If you lower the energy, other things will come. We are going to drill at a level that has not been seen for four or five years,’ he continued.
The president spoke passionately about how he feels he needs to reduce the inflated prices of the so-called “Bidenomy.”
‘In terms of inflation, you are right. And it’s almost inflation on the economy, if you really want to know, because people are being wiped out like never before,” Trump said.
“I think it’s the highest inflation we’ve ever had. They say it’s the highest it’s been in 48 years. I think it’s the highest it’s ever been. The first thing to do is reduce energy (costs).”
Trump was also passionate about protecting Social Security benefits for seniors.
‘We have to save Social Security and keep it good and solid. “I don’t want to raise the ages or anything,” Trump said.
He also attributed the immigration crisis to the depletion of public benefits for seniors and suggested that fixing the border would help save the program.
Trump was once again promoting his core ideas of cutting corporate taxes and raising tariffs, announcing what he believes will be the standard in his administration.
The former president’s plans rely heavily on unleashing oil and other forms of American energy to increase supply and demand.
He says he plans to reduce the corporate tax rate, which fell from 39% to 21% during his initial term, to 15%, but only if he makes his product in the United States.
‘You have to make your product here, and then pay 15% (in corporate taxes), and then I’m going to impose tariffs on countries so they can’t come in and steal our business, so our businesses can now be competitive,’ he said. Trump.
Trump also briefly spoke about his admiration and fandom for Ramsey, his advice to his children to never drink or take drugs, and how he believes God has saved his life from two assassination attempts.
ramsey told him fox business On Thursday, he said Trump was “straightforward and very knowledgeable about tax rates and the things that move in the energy world and how that intersects with the economy, and how to control a commodity market as best as you can.” from the presidential seat.”
He said these plans to unleash American energy were what he liked most.
“You can encourage, ‘drill, baby, drill.'” “You can encourage the opening of the Keystone pipeline, and if you flood any commodity market with that commodity, we all know it’s supply and demand that drives the price down,” Ramsey said.
Ramsey, despite being a fiscal and cultural conservative, has expressed skepticism toward both Kamala Harris and Trump on the economy.
‘None of these people are going to be your savior. “None of (them) are fiscally responsible human beings,” he previously said, according to Yahoo Finance.
Ramsey, a best-selling author, radio host and economic consultant whose net worth is believed to be between $150 million and $200 million, spoke with the former president and Republican candidate on The Dave Ramsey Show for a 25-minute chat.
Ramsey has offered a similar interview to Vice President Kamala Harris.
The host, who hosted a similar meeting with Vice President Harris, was a little more skeptical of Trump in terms of cutting prices in half.
‘That’s the indirect connectivity of energy if you want to reduce inflation and stimulate an economy. But I have no idea about 50%. That didn’t make sense to me.”
Ramsey later told Laura Ingraham about the fox news who believes the economy is the most important issue before the elections.
Many polls have shown that the economy surpasses even immigration and abortion as the top issues of concern to voters.
That could be the key to Trump’s victory, as a recent poll showed Trump leading Harris when it comes to crucial upscale voters in the key state of Pennsylvania, as the economy remains the top issue for them.
According to a new AARP poll, Trump leads among voters fifty and older by a whopping eight points in the state, 52 percent to 44 percent, and these voters indicate they are highly motivated to vote in the election.
Pennsylvania, with its nineteen electoral votes, is one of the most important swing states for both Trump and Harris on their path to the White House, and could decide the entire election.
The poll found that while Trump leads among seniors, the race overall remains close in Pennsylvania, with Harris winning 49 percent to Trump’s 47 percent. Three percent of voters remain undecided with just 35 days left until Election Day.
Trump also briefly spoke about his admiration and fandom for Ramsey, his advice to his children to never drink or take drugs, and how he believes God has saved his life from two assassination attempts.
Voters fifty and older are among those most likely to show up and vote in elections.
AARP found that ninety-one percent of voters age fifty and older said they were “extremely motivated” to vote in the upcoming election. It’s a six percent increase since AARP’s first 2024 survey conducted in the state in May.
At the same time, only 71 percent of voters under fifty said they were extremely motivated.
The survey found that while older voters consider multiple issues important, the economy and jobs are among the top issues for older voters in the state.
The vast majority also said that Social Security, Medicare and helping people stay in their homes as they age are also extremely important when it comes to who they vote for.
Among older voters, the cost of food, utilities, health care and prescription drugs are among the top concerns of voters fifty and older, as prices have remained elevated relative to pre-pandemic levels.
