Cramer on Free Trade and Immigration

January 9, 2014

Did you watch NBC’s “Meet the Press” on Sunday?  For those of you who didn’t, check out this roundtable discussion of the economy with Gene Sperling, Director of the National Economic Council and Jim Cramer, host of CNBC’s “Mad Money” and former hedge fund manager.  Approximately 5 minutes and 40 seconds into the discussion, the topic turns toward globalization, free trade and immigration.  I was pleasantly surprised – stunned, actually – (and I think you will be too) at Cramer’s comments.  Essentially, he asked “why do we continue to pursue free trade” and, regarding immigration, asked “why don’t we worry about putting our own people back to work first?”

It’s a sign of cracking support for globalization and immigration when someone of Cramer’s influence begins to challenge these economists’ sacred cows.  Good for you, Jim!