CNBC’s Jim Cramer has attacked President Donald Trump again, claiming he is the “one person who’s standing in the way of a great economy.” Despite recovering inflation, resilient job growth, and high consumer spending, Cramer suggested that Trump’s influence—rather than the previous administration’s economic policies—is the real obstacle to prosperity. Cramer alleged that, for the first time, Americans are concerned about inflation because of the Trump tariffs— not when Bidenflation nearly bankrupted millions of Americans.
During a segment of his “Mad Money” show, Cramer argued that Trump's policies and tariffs have discouraged investors, making them pessimistic about the market. He claimed such negativity led people to pull away from stocks altogether, arguing that the White House’s actions would keep eroding their wealth.
“We have a market that was doing extremely well last year until the Trump Administration sowed the level of uncertainty that I can’t recall any time since — Are you ready, Ski Daddy? — Jimmy Carter,” he said. “Which is the last time people were really worried about inflation, about stagflation, okay? Back then, stagflation was real. I cannot think of another president in my lifetime who could knock down the stock market simply by opening his mouth than Jimmy Carter. Eureka! I have found him!”
CNBC's Jim Cramer Goes Nuclear on Trump Over Stock Market — Hits Him With Worst Trump Insult Possible https://t.co/Kj8sLDkUq9 via @mediaite pic.twitter.com/yGLKW4UySF
— Tommy moderna-vaX-Topher (@tommyxtopher) April 1, 2025
Cramer suggested that the economy has the potential for substantial growth with lower inflation, reduced oil prices, and less regulation but accused Trump of standing in the way. He referred to Wednesday’s “Liberation Day,” which is the day the Trump administration is set to impose reciprocal tariffs on foreign countries' duties on U.S. goods. Also going into effect on Wednesday is a 25 percent t tariff on foreign-made vehicle imports.
Cramer has a history of misjudging the economy. In 2023, he urged viewers to buy Silicon Valley Bank stock ($SIVB), calling it “cheap” with “room to run.” Just a month later, the bank collapsed, marking one of the biggest failures since the 2008 financial crisis.