Cramer is a silly shill. But in this particular case, for this particular audience, he’s probably on target.
Maybe to a degree. My problem with his saying 'Learn to Be More Frugal', is it presumes that he knows better. This type of leftist thinking when carried to extremes leads to bureaucrats in state capitols and Washington DC that think they know better and make decisions for individuals.
I have two daughters, ages 25 & 27. For most of their lives I gave them guidance through my actions and dinner time conversations. I also gave them the opportunity to make bad decisions. Fortunately because of the former there have been fewer of the latter. But they are all learning experiences. It's best to make mistakes when you are young, learn from those mistakes, and have a lifetime to recover.
I doubt that many young people who are worried about gas prices are buying $14 Margaritas or eating in his restaurant at all.
(And maybe Cramer himself doesn’t need a 65 acre estate in NJ AND a Summer house on Long Island.)