Cramer's most inane stupid GOP debate question !!

Discussion in 'Politics' started by healthmyths, Nov 10, 2011.

  1. healthmyths
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    healthmyths Gold Member Supporting Member

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    Jim Cramer, the host of "Mad Money."

    I have NO IDEA why this person I have really respected as KNOWING about markets, profits,etc. would even DEIGN to ask such a totally STUPID and IGNORANT question:
    His question:
    Do you think that companies can both be profitable and be able to create jobs? Do you think it's a dichotomy? Do you think they can do it?

    The Page by Mark Halperin | CNBC Transcript of "Your Money, Your Vote" Republican Presidential Debate

    UNBELIEVABLE!!!

    Gingrich gave one of the better answers..
    GINGRICH: Sure. Look, obviously, corporations can and should do both.
    And what is amazing to me is the inability of much of our academic world and much of our news media and most of the people on Occupy Wall Street to have a clue about history.

    Read more: The Page by Mark Halperin | CNBC Transcript of "Your Money, Your Vote" Republican Presidential Debate

    If even Jim Cramer a touted smart money person asked this totally STUPID question??? What chance does the general public EVER have of understanding our economics, markets and much less BUSINESS!

    CRAMER...
    When compliance, rules, regulations,EPA,OSHA costs more and when salaries, minimum wage cost more.. OBVIOUSLY that affects earning profits!
    Therefore if more people won't generate more revenue to cover all the additional costs just to hire people obviously that affects Profits!
     
  2. Teals_Of_Wonder
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    Teals_Of_Wonder BANNED

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    Companies are waiting for Bozo to leave the White House before any further massive hiring.
     
  3. healthmyths
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    healthmyths Gold Member Supporting Member

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    NO QUESTION!!

    Obama has EVEN agreed with that statement and here is how...
    Did he not say.."

    Obama also said that he was instructing his staff to move forward on job-creating initiatives without congressional approval where possible. The White House announced steps to speed environmental and other regulatory approvals for 14 public works projects across the country."
    http://www.timesonline.com/news/local_news/obama-travels-to-pittsburgh-urge-action-to-create-jobs/article_b11cf184-22fe-518c-9e39-f1ed99374672.html

    If Obama's administration can "speed up ..."
    why the delays in the first place?
     
  4. occupied
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    occupied Gold Member

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    The answer is no. Companies become more profitable by increases in productivity.
     
  5. Zander
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    Zander Platinum Member

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    Companies hire more employees when they increase sales and profits. It's a simple equation that even a man like Cramer should be able to understand. Corporations (like people) always act in their own best interests, if hiring more people will help them be more profitable, they'll do it.
     
  6. Teals_Of_Wonder
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    I am rooting for The Wizard Of Oz to be a moderator in the next debate.
     
  7. chikenwing
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    chikenwing Guest

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    Certainly helps,controlling costs and efficiency are more important,banging out more widgets does not always mean more profits.
     
  8. chikenwing
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    chikenwing Guest

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    With the help of Pelosi and Reid,they just gave the push that was needed for awhile.
     

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