Cramer Blames ‘Subpar’ GDP Number on Small Business Being ‘Constrained’ By Gov’t
CNBC’S CRAMER BLAMES ‘SUBPAR’ GDP NUMBER ON SMALL BUSINESS BEING ‘CONSTRAINED’ BY GOV’T (Breitbart)
On Friday’s “Squawk Box” on CNBC, Jim Cramer, host of the network’s signature show “Mad Money,” reacted to the lackluster gross domestic product number reported earlier in the day by question government policy regarding small business.
“[T]his is very subpar and I think a lot of it is the government not helping at all,” Cramer said. “I know that there has been some hiring, but small business has been kind of totally constrained by the government. This is the kind of number you’re going to see. We are not going to see the growth we need until the government recognizes that small business needs help and does not need to be crimped.”