I’ll be completely honest. I have no idea where Jim Cramer’s political loyalties lie. I don’t watch his show, and I’ve never given it much thought. I don’t know if Trump’s success is irritating him. He’s a money guy, so I suspect it’s not.
On the other hand, I do know where NBC lands on the political spectrum. They lean hard left. In fact, they’re so left that they’re somewhere just to the left of people Mao and Stalin thought were ‘too radical’ to invite to the meetings.
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So… the fact that Trump’s economy is the best we’ve had since the 60’s has to drive them bat-crap insane. They’re being forced to report that Obama’s dire predictions about growth, jobs, and the ‘new normal’ were disastrously wrong. Worse, they’re own economics guru is telling it like it is:
CNBC’s Jim Cramer said Friday no matter your view on President Donald Trump there’s no denying we’re living in the best labor market in more than a generation.
“You can’t contradict that these are the best numbers of our lives. You can’t,” Cramer, 64, said following the government report showing the U.S. economy created a better-than-expected 266,000 nonfarm jobs in November, with the unemployment rate dipping to 3.5%, matching a 50-year low. Economists had expected the jobless rate to hold steady at 3.6% last month.
“People don’t want to say good things” about the economy, said Cramer, echoing comments he made Thursday evening on “Mad Money,” telling investors: “Don’t let the armageddonists and the negativists and the hucksters scare you away from owning stocks.”
Referring to Trump, Cramer said Friday on “Squawk Box,” shortly after the jobs report was released, “It doesn’t matter whether you hate him or like him, these are real numbers.”
“This is the best number I’ve ever seen in my life,” Cramer said, zeroing in on the unemployment rate. “Fifty years ago, that number was a curse. Now it’s a blessing.” He added, “I don’t see inflation. I don’t see recession.”
“More than a generation,” by the way, is an attempt to downplay things. The current climate is boasting the best job numbers we’ve seen in almost four generations. The Trump economy is absolutely crushing it, and it’s getting harder and harder for the Democrats – and their media allies – to deny it.
Here’s Jim to ruin the Dems’ day: