Jim Cramer, on CNBC's Mad Money, harshly criticized President Trump as the primary obstacle to a thriving economy, especially as significant tariffs are set to be implemented. Cramer compared Trump to former President Jimmy Carter, noting issues like declining inflation overshadowed by inflationary tariffs and low unemployment marred by Trump's policies. He stated that investor confidence has plummeted due to Trump's anger and unpredictability, leading to a market that is cautious and unwilling to engage. Cramer's remarks highlight the significant impact of executive communication on market behavior.
We have declining inflation, except the president's putting on inflationary tariffs. We have incredibly low unemployment, except where it's caused by the Trump administration.
Everything about this economy is good. Everything, everything, except one thing. We have a president who's very angry at everyone, except Vladimir Putin.
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