Read time: 1 minute

Hardball: Cramer Says The Economy Is Bad And DC Won't Admit It

[media id=3964] [media id=3965] (h/t Heather) Chris Matthews brings on Mad Money's Jim Cramer to rant on about the state of the economy, the ridicu

icon Download icon Download (h/t Heather)

Chris Matthews brings on Mad Money's Jim Cramer to rant on about the state of the economy, the ridiculousness of Bush's proposed stimulus plan and why the politicos in DC (both in the administration and on the campaign trail) are missing the looming crisis in a big way.

MATTHEWS: Well, why do they act like…just so everyone understands, why you’re so excited and why I obviously agree with you is that they believe somehow that if everybody buys a new pair of sneakers for their kids—where the kids does need a new pair of sneakers, I’m all for that—but does anybody believe that’s going to cause an economic bonanza that’s going to reverse the business cycle?

We Need Your Help Now More Than Ever

For 17 years we have been exposing Washington lies and untangling media deceit, but now Facebook and social media are drowning us in an ocean of right wing lies. Please give a one-time or recurring donation, or subscribe for an ad-free experience.

More C&L Coverage

Discussion

New Commenting System

Our comments are now powered by Insticator. In order to comment you will need to create an Insticator account. The process is quick and simple. Please note that the ability to comment with a C&L site account is no longer available.

We welcome relevant, respectful comments. Any comments that are sexist or in any other way deemed hateful by our staff will be deleted and constitute grounds for a ban from posting on the site. Please refer to our Terms of Service (revised 3/17/2016) for information on our posting policy.

Please Do Not Use the Login Link at the Top of the Site.

In order to comment you must use an Insticator account. To register an account, enter your comment and click the post button. A dialog will then appear allowing you create your account.

We will be retiring our Crooks and Liars user account system in January, 2021.

Thank you.
C&L Team