Thursday, July 01, 2010

Jim Cramer Admits the Obvious: Obama's Policies Not Working

Of course, he'll take it back at some time after someone gets to him....but once in a while it's refreshing...

Jim Cramer Admits the Obvious: Obama's Policies Not Working:

CNBC's Jim Cramer appeared on Wednesday's Today show and pretty much admitted the obvious to Meredith Vieira, that all of Barack Obama's policies geared to help hiring are 'not working.' On to talk about the Dow dropping on Tuesday, Cramer pointed out 'there's too much fear' about what the Obama administration will do about taxes, which led to Today co-anchor Vieira to question 'Do you believe the President's policies are creating the conditions necessary for businesses to hire?' To which Cramer bluntly stated 'they're not working.'"

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