Posted on 12/11/2021 7:20:21 AM PST by SmokingJoe
CNBC’s Jim Kramer bizarrely touted the current state of the US economy as “the strongest economy” he has ever seen.
This claim was made despite high inflation and high gas prices.
It just happened to come after the Biden Administration met with news outlets about their economic coverage.
Tucker Carlson responded to this on his Fox News show.
Tucker played a clip of Jim Kramer from 2008 telling Americans not to take money out of Bear Sterns.
This was a few days before it collapsed.
Tucker continued to blast Kramer.
“In a normal country, with a functioning meritocracy, anyone who said something like that would no longer be touting stocks on TV. He’d be cleaning your pool, assuming he could muster the skills to do that. Yet there he is, the same man still televised, a living testimony to our leaders suicidal tendency to award failure.”
(Excerpt) Read more at thegatewaypundit.com ...
Cramer is a clown. He’s always bullish
A clown with an agenda.
He takes both sides so he can come back later and show how he was right.
I guess controlled opposition is better than unhinged control.
He was just too obvious and quick in his blatant pandering. No normal human is believing him on this.
Last night Tucker had a guest that said the actual inflation rate of calculated the same way we did in the past is 15%. Highest ever.
Funny the inflation story hit the day right after this.
All the propaganda was after the White House staffers met with the press and told them to highlight the “recovery.”
You put enough cash in his pocket and he’ll say ANYTHING you want.
I can’t believe anybody ever watched that show.
I think it was a counterintelligence op.
Convince people to buy stock and Drive Up the price, so his friends could sell???
Someone mentioned that he’s most likely on the take from big pharma. I don’t know, but it makes sense. I think the major advertisers on that station are drug companies. (Probably heard it on War Room.)
Are they spelling it with a ‘K’ for some secret code reason?
Creamer is right, the economy is strong. Economies are typically strong and inflationary at the same time. Weak economies are disinflationary or deflationary.
Says the investor without a single callous on his hands.
Yup.
Don’t forget back in 2008 when he strongly advised against taking money out of Bear Sterns. Just a few days later, Bear Sterns collapsed.
But no problem. He got to keep his job.
Actually I have callouses under every finger. They’ve never gone away.
So the economy is good for the common man right now?
So what happens in a strong economy?
Unemployment is low.
Business earnings are high.
Inflation is rising.
The FED raises rates because the economy is running too hot.
Is the FED about to lower rates? That’s what is done in a weak economy.
Are there layoffs everywhere? That’s what happens in a weak economy.
Are there few job openings? That’s what happens in a weak economy.
Is unemployment rising? No, we are at full employment.
Where is the weakness?
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