Cramer: Trump's 'Manufacturing' a Recession

Wednesday, March 12, 2025

On Tuesday morning's edition of CNBC's Squawk on the Street, Cramer told co-host Carl Quintanilla that if there's a recession, it will be because Trump manufactured it, and slammed Trump's handling of trade with ostensible allies. He went on to say Trump is "playing with fire," and accused him of "arson."

Posted by censored at 05:31 PM | 27 COMMENTS | permalink | Comment on This Entry |

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A top economics reporter goes off script on national TV: "I am going to say this at risk of my job, but what President Trump is doing is insane."

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-- Brian Tyler Cohen (@briantylercohen.bsky.social) March 11, 2025 at 11:10 PM

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JIM CRAMER: Smoot-Hawley 60% increase in tariffs. There isn't anyone in any history book. I know the president reads history. There's anyone in any history book that doesn't say that wasn't considered". That was a considered reason why we had the Great Depression. There isn't a soul who's ever said that. You look. Go read Galbraith's book. It's really quick. It was a direct cause of the of the depression, not the recession.

CARL QUINTANILLA: So it -. It is playing with fire. You think?

JIM CRAMER: Absolutely. But is it arson?

CARL QUINTANILLA: Meaning that you can contain the blaze, is that what you're saying"

JIM CRAMER: No, meaning that you're doing it-. Maybe it's deliberate!

CARL QUINTANILLA: Right.

JIM CRAMER: And it doesn't make any sense that you don't want people to be laid off because of what you said. People are scared, Carl. You don't scare people. You don't scare-. It's just. It's a wrong call. It's all message. People are scared!

#1 | Posted by censored at 2025-03-11 02:29 PM | Reply

Fat Donnie Failure is a ------- retarded idiot

#2 | Posted by LegallyYourDead at 2025-03-11 07:24 PM | Reply

Of course he is.

You ain't seen nothing until they cut social security and medicare. That's the goal. It always has been. To hell with your 50 years of putting money into the system, those dollars now belong to the billionaires. They paid for them.

The recession will be brutal when only the upper upperr middle class retirees can afford food and housing and health care.

It's easy for them. They'll hardly notice anything...all their wealth is on paper.

Real middle class people will lose everything... their jobs...their savings...their homes.

It will force deflation and then he will take a victory lap saying "he lowered prices".

#3 | Posted by Nixon at 2025-03-12 12:19 PM | Reply | Newsworthy 2

Joe Biden's auto pen operator increased spending by 300 billion and refinanced the debt using short term bonds in the last days of the election to make the economy look good for Kamala. Leaving a financial bomb for his successor.

#4 | Posted by visitor_ at 2025-03-12 06:14 PM | Reply

Leaving a financial bomb for his successor.

#4 | POSTED BY VISITOR

Then let's see if the Orange Genius is capable of getting out of its way.

At the moment he seems to be putting the bomb between his teeth and lighting the fuse.

#5 | Posted by Zed at 2025-03-12 06:23 PM | Reply

I'm wondering how far Trump has to go before the dollar becomes worthless.

I bet Putin knows.

#6 | Posted by ClownShack at 2025-03-12 08:18 PM | Reply

Biden drove the car over the cliff. We're midair and Trump is vainly trying to stop the decline, but there's nothing that can be done but ride it out.

#7 | Posted by visitor_ at 2025-03-12 09:45 PM | Reply | Funny: 2

The bloated orange turd is slaying the economy like it was Herman Cain.

#8 | Posted by reinheitsgebot at 2025-03-12 09:47 PM | Reply

Example after example of waste and Democrats fighting all efforts to stop the waste.

#9 | Posted by visitor_ at 2025-03-12 09:48 PM | Reply | Funny: 3 | Newsworthy 1

The bankruptcy-prone orange pedo is going to have a recession named after him.

#10 | Posted by reinheitsgebot at 2025-03-12 09:51 PM | Reply

No ---- Jim.

Example after example of waste

Show the proof.

Elmo saying their is waste is not proof.

#11 | Posted by Nixon at 2025-03-13 09:11 AM | Reply

proof: "none so blind as those who will not see".

#12 | Posted by visitor_ at 2025-03-13 09:25 AM | Reply

You didn't hear a peep out of visiturd when the orange pedo pissed away $20 million by stinking up the Super Bowl.

#13 | Posted by reinheitsgebot at 2025-03-13 09:28 AM | Reply | Newsworthy 1

Example after example of waste and Democrats fighting all efforts to stop the waste.

#9 | POSTED BY VISITOR_
Example after example of you being a hateful idiot yet still you persist..

Is your name "waste"?

No one is trying to stop waste you farging idiot. (Unless that's you)

Everyone agrees waste is bad. Unfortunately Trumpy has chosen the bear in the China shop method of governance and the people that are getting fired and getting their lives upended are not a waste. Unless you believe all American citizens are just a "waste". Like you.

And if your name is not "waste" you are definitely A waste.. Of space and matter and bandwidth.

#14 | Posted by donnerboy at 2025-03-13 11:07 AM | Reply

proof: "none so blind as those who will not see".

#12 | POSTED BY VISITOR_

Indeed. You definitely need to see an eye doctor. And get that log out of your eye.

How is it that you can see the speck that is in your brother's eye, but do not notice the log that is in your own eye?

#15 | Posted by donnerboy at 2025-03-13 11:10 AM | Reply

How is it that you can see the speck that is in your brother's eye, but do not notice the log that is in your own eye?
#15 | Posted by donnerboy

Because Hair Furor stuck that log in there. Good and deep, pulling it out and sticking it back in, over and over. While whispering gently into his ear with that sexy AF voice of his.

#16 | Posted by censored at 2025-03-13 11:21 AM | Reply

You didn't hear a peep out of visiturd when the orange pedo pissed away $20 million by stinking up the Super Bowl.

#13 | Posted by reinheitsgebot

And laps around Daytona in his limo.

Not to mention all the golf outings to Mar-A-Lago.

#17 | Posted by AMERICANUNITY at 2025-03-13 11:23 AM | Reply

Well, even top liberal strategist have been calling for a forced correction during Biden years. The country is way overdue for one and any economist with any kind of education knows why that is bad. I thought Biden was on his way to making it happen until I realized he was just old in mileage and didn't really know what was going on. But now we have Trump who still has mileage left and is making the necessary changes in order to right the ship.

I guess what's really sad is libs actually think $30t+ debt means everything is A-OK and that serious changes aren't needed. Which is another reason why I wish every liberal who said they would leave the country if Trump is elected would actually leave the country so we can become responsible again. Then I'm sure they would love to come back to this country and take credit for all of it. So it's a win-win for both sides. So please, leave. Let the adults make the difficult choices to bring us back to solvency again and then come back and claim credit for everything good like you usually do.

#18 | Posted by humtake at 2025-03-13 12:03 PM | Reply

The Dow is down about 600 points as I write this, that's a drop of about 9% in the last month or so.

It's approaching the 10% drop that Wall Street uses as defining a "market correction."

#19 | Posted by LampLighter at 2025-03-13 01:44 PM | Reply

It's approaching the 10% drop that Wall Street uses as defining a "market correction."

Also now known as a "little disturbance ".

#20 | Posted by donnerboy at 2025-03-13 01:45 PM | Reply

"The Dow is down about 600"

Now down 675 for the day and still dropping.

It will be well below 40,000 by this time tomorrow at the current rate.

Definitely NOT a good time to retire or resign if you are lucky (or skilled) enough to currently have a good job.

#21 | Posted by donnerboy at 2025-03-13 01:50 PM | Reply

@#21

The S&P500 entered a correction territory today.

The Dow looks to be recovering a bit.

#22 | Posted by lamplighter at 2025-03-13 02:09 PM | Reply

Dead Cat bounce.

#23 | Posted by Danforth at 2025-03-13 02:16 PM | Reply

The last Trump admin added $7.8 trillion to the national debt. Extending the tax cuts will add at least another $4.5 trillion. More unless there is huge cut in spending which conveniently affects average Americans the most.

Trump and Republicans' choice. Nothing to do with Biden.

#24 | Posted by Derek_Wildstar at 2025-03-13 02:40 PM | Reply

The Dow looks to be recovering a bit.
#22 | Posted by lamplighter

Dead Cat bounce.
#23 | Posted by Danforth

#25 | Posted by censored at 2025-03-13 02:47 PM | Reply

Trump media stock is stinking it up bigly.

www.barrons.com

#26 | Posted by reinheitsgebot at 2025-03-13 02:56 PM | Reply

Trump's approval ratings are already headed down. The latest reliable polls (not Rasmussen) had him at 42-44%.

Wait'll all the hurt starts setting in from this manufactured looming crisis.

#27 | Posted by AMERICANUNITY at 2025-03-13 06:43 PM | Reply