Tag: Good Morning America
Jim Cramer speaks for CEO’s not the average man
by admin on Aug.12, 2010, under Business News
Jim Cramer was on Good Morning America this morning. And the last time I saw Cramer on the morning show he said pretty much the same thing as today. He was reacting to a recent poll about the state of the economy and he suggested that things were not as bad as the common man believed they were.
As a new poll suggested, most people believe times are going to get worse. Maybe Cramer is talking to the wrong people, or getting paid for pushing a positive message in the middle of the Great Recession.
To back up his claim Cramer says that he talks to CEO’s of companies and they tell him things are going great. So rather than being in tune with the average man and getting a real pulse of how bad things are, Cramer talks to the people who have laid off workers across the country, to save the money it takes to say “things are great”.
But it’s the laid off workers that are feeling the pain. And the furloughed state employees. And those that have to work twice as hard for those very same companies because their coworkers were let go so the company can tell Cramer “things are great”.
And maybe those same CEO’s are telling our President Obama that “things are great” also. Well they are not great. And small businesses are not being asked how things are by the right people or dumb asses like Cramer would not be saying that “things are great”.
Normally I may not get into this topic for an entertainment blog. But having owned a small business for 23 years I have seen it all. But when someone in his position makes a point that is so far off track from the real world, then someone needs to speak out.
It’s sad too that the answer is obvious to anyone out of a job. Bring back the jogs from overseas. There’s your damn answer for how to employing more people.
