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The White House takes on CNBC’s Jim Cramer
Media Bistro is reporting CNBC’s Jim Cramer’s comments about the Obama Administration’s economic stimulus plan,which Cramer called, “the greatest wealth destruction I’ve seen by a President,” prompted White House Press Secretary Robert Gibbs to fire back.
“I’m not entirely sure what he’s pointing to to make some of the statements,” said Gibbs. “And you can go back and look at any number of statements he’s made in the past about the economy and wonder where some of the back-up for those are too.”
Gibbs’s remarks then prompted Cramer’s response in a column on Mainstreet.com in which he wrote, “I am proud to have voted for the Obama who I thought understood the need to get us on the right path, and create jobs and wealth before taxing it and making moves that hurt job creation.” It looks like the Web site’s audience is siding with Cramer. In a poll, 92 percent said they agreed with the CNBC commentator.
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