Jim Cramer: ‘Romney’s known as a job destroyer, not a creator’

Jeff Poor Media Reporter
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Initially, CNBC “Mad Money” host Jim Cramer was an outspoken critic of President Barack Obama’s policies, particularly his rhetoric about capitalism in the wake of the 2008 financial crisis. However, after taking heated criticism from the left — largely for a less-than-spectacular appearance on Comedy Central’s “The Daily Show with Jon Stewart” — Cramer has avoided discussing political matters. Instead, he has focused more on discussing stocks.

On NBC’s “Meet the Press” on Sunday, the “Mad Money” host aimed his fire at Obama’s likely Republican opponent, former Massachusetts Gov. Mitt Romney. According to Cramer, the former governor  is going to have a difficult time shedding his reputation as a so-called “job destroyer.”

“I think that the specifics are good,” Cramer said of an ad the Romney campaign made attacking Obama’s jobs record. “In other words, people recognize that that pipeline would have created jobs. But, at the same time, Romney’s known as a job destroyer, not a creator. I just don’t think that this will stick. I think Bain sticks. I think the idea that you bring in Bain, which is what happened in the ’80s, they fire a lot of people, and that’s how they get prosperity for the rich, and that is a more resonate theme than anything Romney has come up with.”

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Jeff Poor