I actually don’t follow Cramer and to be somewhat fair, anyone who has to talk on air for hours is bound to say a lot of stupid shit.
Wages are up inflation is stable. Thousands of government jobs fired and illegals deported will cut jobs. Thats short term and its a good thing.
You know what's going to happen now, right? trump is going to blame the Fed for the poor jobs numbers. When in reality the fault lies with uncertainty about the tariffs.
Your side is already making excuses. Trump has already been saying the weak jobs reports are fake.
You guys said that last time but GDP growth never got about 3%. Trump was out there promising 4-6% growth during the 2016 campaign and hammered on Obama because he never saw a year with greater than 3% growth.
A brilliant former hedge fund manager who has a show on CNBC and also co-hosts the show from 9-10 AM EST. He's written about a half dozen books on investing.
You guys never stop making excuses. 2.9% growth was terrible under Obama. It was an economic miracle under Trump.
Well, his reputation in the financial community is not good. There's actually an ETF (SJIM) that some wise guy started that shorts everything Cramer recommends (I don't think it's done very well, but that's his reputation).
I never said anything of the sort. Why do you just make shit up?
3% would be good. Anything close to that is pretty good. Obama's economy was pretty good. Trump's economy was pretty good (during his first term). Biden's economy was pretty good. GDP growth last year was like 2.8%. That's pretty good.
You're making excuses for distortions and lies. He doesn't just miss the huge numbers he promises, he does almost the exact same as the Dems. Your view of the economy is extremely influenced by politics, less so data. Especially when you guys just decide the data is wrong for political purposes.
To get GDP growth back to 2.5% for the year, he's going to need something like 3.8% growth the next two quarters. The next numbers aren't going to be juiced by the lack of imports that inflated Q2's reading. With the weak labor market, I'm not sure where the growth is going to come from.
You tend to make broad generalizations. I try to be as data driven as possible. I'm good at it. I certainly am not going to pretend that everyone does so. I don't think you're very good at being objective and MAGA seems particularly bad at being objective. I've been very consistent in saying that Obama's economy was fine. Trump's economy was fine. Biden's economy was fine. We are no longer seeing the kind of GDP growth we used to in the 80s or 90s. No one is going to be hitting 4% GDP growth anytime soon. Trump couldn't in his first term, he's very unlikely to do so in his second term.
