Cramer sounds off on government overspending

This morning Jim Cramer of CNBC’s “Mad Money” appeared on the Today Show to talk about the economy.  He spoke of a possible recovery and the consequences of government overspending.

“We don’t have enough money as a government to continue to spend a lot of money without raising taxes.  Raising taxes would send us into a double-dip (recession).  We’re starting to get clues the administration doesn’t want to do that.  That matters tremendously.”

Click here to watch the entire clip.

Speak Your Mind

*