What!!! Cramer is praising the economy.

[Mac1958]

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.

What's it going to be this year? So far it's like 1.5%. With weak job growth, it looks like we are going to need a little bit of a miracle to get anywhere close to 3% by the end of the yar.

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.

Bessent and Powell have made it pretty clear: They're going to run this thing HOT.

So at some point they'll drop the traditional 2.00% inflation target and replace it with 3.00% to 4.00%, and bet that unbridled growth and wages will make up for it. Bessent is focused on growth, Powell is focused on jobs, inflation is secondary.

I'm a little surprised that Bessent is going down this road. Will it work? Who knows. Maybe. It's definitely a change. But I guess it's good that they have a macro strategy, at least. That's Bessent's positive influence.

 

[Marener]

TBH Trump has another few months to turn this around or he'll be hit on all sides, as he should be.

The economy has been in a slump for far too long. The Moral Panic of Covid kicked it off, of course, but he and Republicans should be well on their way to fixing it.

A few month from now, you’ll say he has another few months.

The economy was fine. He literally didn’t have to do anything.

 

[SweetSue92]

A few month from now, you’ll say he has another few months.

The economy was fine. He literally didn’t have to do anything.

It was far from "fine". And no I would say if it hasn't turned around in six months, he's in trouble.

 

[Marener]

It was far from "fine". And no I would say if it hasn't turned around in six months, he's in trouble.

Wages were growing. Employment was growing. GDP was growing. Inflation was controlled.

What more do you want?

 

[my2¢]

What more do you want?

I hope for a good Consumer Price Index report later this week (Thursday).