'Screw You, You Know?' — Dave Ramsey Says Trump's 'Don't Give a Crap' Attitude Might Be What America Needs To 'Cut The Snot Out Of Spending'

With Washington debt stacked higher than ever, personal finance guru Dave Ramsey says there's finally someone in office willing to take a machete to it—and not care who gets mad.

"This is the first time in my lifetime that I've seen anyone that had the political ‘don't give a crap' to just walk in there with an axe and a machete and just start chopping down everything in sight," Ramsey said during a recent episode of "The Ramsey Show," referring to President Donald Trump.

Don't Miss:

• ‘Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. You can invest today for just $0.26/share with a $1000 minimum.
• Can you guess how many retire with a $5,000,000 nest egg? The percentage may shock you.

The question came from a caller wondering how Ramsey's famous "debt snowball" method might be applied to the federal government's $36 trillion problem. But Ramsey quickly pivoted from personal finance to public policy, praising what he sees as a rare moment of fiscal guts.

"It had to be somebody that didn't care," Ramsey said. "Because he can't be elected again. So if you don't like it—screw you, you know?" He added that most politicians are too worried about upsetting voters to make real changes, afraid that cutting programs or slashing budgets might cost them at the ballot box. But since Trump doesn't have that hanging over him, Ramsey said, he's free to make bold moves without worrying about political fallout.

For the record, Trump has recently suggested he might try to change the law that prevents a third term.

Trending: It’s no wonder Jeff Bezos holds over $250 million in art — this alternative asset has outpaced the S&P 500 since 1995, delivering an average annual return of 11.4%. Here’s how everyday investors are getting started.

In an interview last month with NBC News, the president said, "I'm not joking," when asked about seeking a third term, adding, "There are methods." While some allies, like Rep. Andy Ogles (R-TN), have floated amendments to the Constitution to allow it, legal experts say such a change faces nearly impossible odds. 

Any amendment would require two-thirds of both chambers of Congress and ratification by three-fourths of the states. The Atlantic reported that constitutional scholars widely agree current law blocks any third-term bid, regardless of non-consecutive service.

Back on the financial front, Ramsey argued the government could dig its way out quickly with two bold moves: cut spending hard, and lower taxes to juice the economy. It sounds backward, he admits, but the Laffer Curve suggests that lower taxes can actually increase federal revenue by boosting business growth and reinvestment.

"You increase the income of the United States by increasing the revenues produced by the tax system by, oddly enough, lowering the tax rates," he said. "And then, of course, you do what [the Department of Government Efficiency] is doing—you cut the snot out of the expenses."

See Also: ‘Which Bucket Do I Draw From First?’ Suze Orman Explains To 67-Year-Old The Best Order For Tapping Into Her Retirement Accounts

In other words, spend less, earn more. Ramsey compared it to individuals taking on side hustles and slashing personal spending to pay off debt—except in this case, the government is the one selling baked goods on weekends.

If those cuts keep coming and the revenue flows like Ramsey predicts, he believes the turnaround could be surprisingly fast.

"It would be really quick… the thing would feed on itself," he said. "The revenues could go through the roof. It could be rowdy."

Whether that vision plays out remains to be seen. But for now, Ramsey seems to think America's best shot at balancing the books lies in someone who's not looking for votes—and doesn't care who gets ticked off along the way.

Read Next:

• Hasbro, MGM, and Skechers trust this AI marketing firm — invest pre-IPO from $0.60 per share now.
• With shares starting at $1.52, this could be your chance to invest in the future of healthcare.