Jim Cramer: Obamacare is going to derail economy

Jim Cramer: Obamacare is going to derail economy. Anyone who has seen Jim Cramer on CNBC’s “Mad Money” know he’s generally pro-Obama and a liberal Democrat (like most other Wall St. types.) Cramer predicts Obamacare will send jobs to Mexico or Asia and increase the number of people “hired off the books.” He’s obviously just a raaaaacist nutcase.

This post was last modified on January 26, 2021

Bonfire of the Absurdities: After 35 year career writing software for IBM mainframes, am now self-employed contractor thinking of joining a union and striking for higher wages. Cured morbid fear of heights when I learned to look at them as lengths standing on end. Uncompromising in refusal to accept browser cookies. Amateur investor who has accumulated a small fortune in the market after starting out years ago with a large one. For recreation, I run, hike, kayak and play tennis but will not consider synchronized swimming under any circumstances.

View Comments (8)

  • It's about time Cramer got something right. Anyone that listens to him and uses his services for investing is playing a dangerous game, which in the end is only going to cost you $$$$.

    I stopped watching this blow hard when he kept telling everyone that Lehman Brothers was a safe place to invest and that every thing was just fine.

  • Ahhhh, so their is a glimmer of intelligence on PMSNBC. Looks like Kramer is going to be getting a visit from a "Truth Team" here soon.

    • No he had a job at Fox for awhile and they caught onto his snake oil act and cut him lose.

      I took the time to listen to what he and his company where advocating in the market. I used the "tools" that he claimed to be using and all. In the end, if I had used his recommendations, I would have LOST over 18K. I used my own common sense and made some money.

      It appears that more and more people are catching on to his act and are leaving in droves.

      Here is wishing that his money starts to dwindle seeing that he backed barry and his scams.