'I feel like a sucker': Jim Cramer says he was wrong to have believed Trump on tariffs (with family-friendly graphics)

[usonian]

https://www.tvinsider.com/1184894/jim-cramer-trump-tariffs-cnn-erin-burnett/

“Well, I’m let down,” Cramer said in response to President Donald Trump‘s new widespread trade tariffs, which will see around 60 countries faced with steep tariffs if they want to export goods to the US. Trump announced a baseline of 10% on all foreign goods but noted some countries will face even higher tariffs.

“I’m not a free trader… I’m a fair trader,” Cramer told Burnett. “I always have been from the days when you worked with me at CNBC. And what I was hoping was that a coordinated thing where if you are charging us 20%, we charge you 20%. Instead of a car where we’re only making you pay two and a half and you’re not letting us in, we try to get things better.”

Cramer went on to note how Trump’s numbers “don’t make any sense” and “are just wrong” before expressing his disappointment in believing the President would make a logical decision.

snip

Cramer added that “They screwed up… they did it a totally ill-advised way. And I was very let down as someone who really, truly believes that free trade is awful for the American workigng person. This is what they came up with? Jeez, come on! Have some gumption. Have some math.”

Have some meth?
People say that some chatbot came up with the numbers.

And CRAMER. You dipshit fool to believe the Liar King of all Liars ™️®

Here's a past graphic screen capture that sums up your deranged brain to a "T"




And Jim, you got your own FAFO flag!



Edit to add source of "cratered the market"
https://www.huffpost.com/entry/jim-cramer-trump-tariffs_n_67ef3bf0e4b098bd69c6d9a6

All FAFO flags here:
https://www.democraticunderground.com/100219770873

[dreamland]

1. At this point, I'm just hoping that those oligarchs were all in

On the stock market so they can lose it all now.

[xocetaceans]

2. Why even follow Jim Cramer? He was seemingly completely oblivious to the impending collapse in 2008.

This following article presents an description of Jim Cramer's background:

In Cramer We Trust
In the depths of a pandemic-driven recession that has further exacerbated income inequality among many, the willingness to listen to Cramer, and people like him, has evaporated.

By Harrison R.T. Ward March 25, 2021

...

After the 2008 financial collapse, Cramer faced intense criticism for encouraging the audience of “Mad Money” to hold on to their stock in Bear Stearns. On March 11, 2008, he reassured his viewers: “Bear Stearns is fine. Do not take your money out,” he said. “Bear Stearns is not in trouble.” By March 16, the stock had lost 96 percent of its value. It avoided bankruptcy only because it was purchased by J.P. Morgan Chase later that day.

In October 2008, CNBC ran an ad for “Mad Money” that featured a dramatic voiceover of Cramer chiding his viewers about the dismal state of the market, counseling them that it had been irreparably changed: “It will never make sense to buy and hold so-called blue-chip stocks forever anymore. If last week didn’t prove that you, nothing will.” The video ends with the tagline “In Cramer We Trust.”

During the biggest financial collapse of the past century, Cramer’s show appealed to viewers’ trust in him — the same Cramer who, seven months earlier, told viewers “Bear Stearns is fine” five days before the company collapsed.

...

https://www.thecrimson.com/article/2021/3/25/jim-cramer-inquiry/

[W_HAMILTON]

3. What a fucking buffoon.

Real reassuring to see this self-proclaimed and purported """expert""" be a dumbass that couldn't predict what tens of millions of everyday Americans could.

#ETTD -- and every day we have to deal with this fucking Russian puppet, that day will be worse than the last.

[Ocelot II]

4. Golly, Jim, us peasants up here in the cheap seats coulda told you.

In fact, we did.

And is that a leopard behind you?

[Rebl2]

5. Oh spare

me Cramer. You knew exactly what would happen and if you didn’t, you should NOT be advising anyone regarding the stock market.

[usonian]

8. I gave up on him about the time that graphic was snapped.

Just had to post his "This is the most public yet of my many humiliations" moment.

[spanone]

6. After all these years of trmp? You're a sucker and a dumbass.

[Rebl2]

17. He certainly is

[Grins]

7. "And I feel like a sucker tonight." No comment needed.

[PCIntern]

9. Loudmouth moron jerkoff said what?

He’s like one of those football touts you see on Saturday and Sunday like that idiot Nick Wright, should be named Nick Wrong.

Stupid cheerleader.

[marble falls]

10. Fuck Jim Cramer. That thorough beating Jon Steward gave him on the Daily Show years ago was some ...

... of the best things on TV I've ever seen and the parts carried online were sweet, too.

?si=Ju3vGzFzW0_U0o0t

?si=78m-Orgu0DyOZ6HT

Cannot find the interview itself.

[Music Man]

13. I remember this interview very well. It was beautiful.

Can't believe we're living through this sort of thing again. It seems we as a country were finally on stable footing after the 2008 crash, let alone 2020. Worst of all is that none of this was necessary.

But at least we don't have drag queens reading DEI stories to immigrants who have the measles vaccine. Or something like that?

[marble falls]

14. So they think.

[AllyCat]

11. Why does anyone believe this con man is going to help them? All these highly paid and popular people and

they all seemed to think they had the inside track and we were all somehow going to be better off with a crooked, lying, cheating, grifting, racist, raping, conman.

[sakabatou]

12. Leopards.Faces. O NOES.

[Greybnk48]

15. Fuck Jim Cramer. He's been a professional right wing enabler since the beginning of his career.

Either by portraying himself as a left-wing crazy buffoon on Kudlow and Cramer. Or constantly normalizing and legitimizing every crazy fucking thing the Trump GOVERNMENT has proposed ever. Until now?

Keep in mind Kudlow and Cramer was all fucking theater. Kudlow is not even an economist. He has a BS or BA in History from 1969. He applied to a Princeton Public Affairs program in 1971, but never attended much less graduated. A lot of them do this. Apply to a school but never attend. Put it in their bio and people assume they actually graduated.

This in Wiki: "In 1971, Kudlow enrolled in the master's program at Princeton University's Woodrow Wilson School of Public and International Affairs, but he left before completing his degree.[10]"

[eppur_se_muova]

16. "... believing the President would make a logical decision." ARE.YOU.F***ING.KIDDING.ME ????

All Turnip's decisions are lizard brain-driven. Logic is for little people.