Cramer: Obama's Stimulus is a Joke

Jim Cramer weighs in on the spending plan from the President to help the economy.

Category:

Howto & Style

Tags:

• president
• obama
• pork
• porkulus
• stimulus
• spending
• tax
• pelosi
• reid
• taxes

[landsdown44]

@nothingtolose3234 Absolutely right! The CBO confirmed that the stimulus created at least 3 million jobs.

[nothingtolose3234]

LIES!!!! The Stimulus package created jobs! Fuck you Cramer!

[Andreas748]

@MNgeneralfinance .........what will you do if Romney is elected?

[MNgeneralfinance]

If Obama is reelected I would buy bonds etfs, short the dollar and buy tech, a sector hard to regulate. Also I would buy Dollar Tree and other discount retailers that are whooping Wal Marts ass.

Obama will repeat the same as his first term rapid devaluation of the dollar, regulations and uncertainty. Never before have companies been so scared to invest.

I would buy the Swiss Frank, Aussie and Canadian dollar if Obama is reelected. They understand that government is the problem

[MNgeneralfinance]

@CrazyBrah21 I have a Facebook called finance questions, ask me there, and add me. I give daily advice on the markets, but usually not so much from political points.

The main thing right now is uncertainty. Republicans will not attack business like Obama. He bashes utilities, financials and rich people before breakfast.

If the republicans get into office then then short anything with revenue from the government, Like contractors, Semi-private companies (Fannie may/mac) and research companies.

[CrazyBrah21]

@MNgeneralfinance What do you think about Gingrich, Ryan, Perry, Paul and Cain. I got a few dollars tied up in this bear market.

[MNgeneralfinance]

7 billion divided by 3 million is $233,333 per job, and you guys say the stimulus is great?

[MyVapez]

@landsdown44

I agree.

This is why I support Obama and his Federalized welfare dependency plan designed to support the mass unemployed population.

Without rollout of the President's '50k wealth redistribution tax initiative,' the rich get richer and the mass unemployed poor, wind up getting even less.

I also agree with Obama in his push for a new tax mandate on anyone earning $50k or more in gross pre-taxable income, it seems like the only way to decrease our nation's growing 3rd world poverty...

[landsdown44]

the stimulus created nothing EXCEPT about 3 million jobs. That would be why there were numerous Republicans who appealed to the Administration for specific work programs in their districts specifically beause of all the job that would be created. These republicans all voted against the stimulus but they liked the jobs it created.

[TheVideo5094]

@landsdown44 The stimulus created nothing