Medicare or block grant medicaid you lose us. But the new forbes report showing that moreeople in the states are taking money from the government than the private sector, can our nation afford a deal that doesnt put socalled entitlements on the table. I am dave. Well go t mike, to you. We have to put entitlements on the table . For the sake of the over all economy we must put enments on the table. Over the last four years entitlement spending is growing faster than the over all economy. This is why president obama has this country in record debt. That hurt the economy. Takehome pay decreased under president obama. We must get entitlements under control. Rick at the unemployment and housing vouchers. It is 800 billion extra spending. Doesnt that have to be cut. There is no chance that there will be a dole without entitlement cuts. What senator durbin is talking about is the importance of focusing. If we want a deal you will not doing by taking a wide sprect rum approach. President clint
Medicare or block grant medicaid you lose us. But the new forbes report showing that more people in the states are taking money from the government than the private sector, can our nation afford deal that doesnt put socalled entitlements on the table. I am dave. Well go to. Mike, to you. We have to put entitlements on the table . For the sake of the over all economy we must put enments on the table. Over the last four years entitlement spending is growing faster than the over all economy. This is why president obama has this country in record debt. That hurt the economy. Takehome pay decreased under president obama. We must get entitlements under control. Rick at the unemployment and housing vouchers. It is 800 billion extra spending. Doesnt that have to be cut. There is no chance that there will be a dole without entitlement cuts. What sator durbin is talking about is the importance of focusing. If we want a deal you will not doing by taking a wide sprect rum appoach. President clinto
Earlier on in the show, we asked you to weigh in on our street fight and decide if the bear or bull won. We tallied the result and you said pete made the better case. He has a million followers on twitter. Thats right. Just saying. He is also not wearing a table cloth on his shirt. Nice shirt, steve. Hungry for some chicken. Its time for the final trade. Lets go around the horn. Tim . Buyer of baidu. Google on dips. Karen . I like wellpoint, even right here. And pete . We talked about amgen earlier, i think that name is going a lot higher. Fantastic. Thank you all for watching. Im mandy drury sitting in for melissa lee. Mad money with jim cramer starts right now. Go out of business. Hes nuts theyre nuts. They know nothing. I like to say theres a bull market somewhere. Mad money you cant afford to miss it. Hey, im cramer. Welcome to mad money. Welcome to cramerica. Other people want to make friends. Im trying to save you money. My job is not just the entertain, but teen how you think th
Im jim cramer. Welcome to my world. You need to get in the game. Firms are going to go out of business and hes nuts theyre nuts. They know nothing. I like to say theres a bull market somewhere. Mad money you cant afford to miss it. Hey, im cramer. Welcome to mad money. Welcome to cramerica. Other people want to make friends. Im trying to save you money. My job is not just to entertain, but teach you how things can happen. Call me at 1800743cnbc. Look, we learned something vital about the stock market this very morning. Something we have to remember always, even as ultimately the averages got completely pole axed by the end of the day. The dow sinking 216 points. The s p giving up 1. 83 . And nasdaq declining, it was the worst day around here in three months. But what did we learn about this morning . Because thats what i want to focus on. Well, we learned theres always a better time to sell than into the teeth of a selloff. Like the selloff we had last week or the one we had toward the
And nasdaq declining, it was the worst day around here in three months. But what did we learn about this morning . Because thats what i want to focus on. Well, we learned theres always a better time to sell than into the teeth of a selloff. Like the selloff we had last week or the one we had toward the closing bell. When the dow fell an astounding 150 points on almost no volume in the last hour of the market. Last week we had a twoday affair that took my breath away. Every bit as grim as the one that settled in at the end of todays session. Its a misreading of the Federal Reserve minutes, that the fed is about to tighten that will rock the consumer. That sequestration and the higher gas prices and the payroll tax, enough of a pain to deliver real hurt. No matter that the fed minutes were a month old and the world changes quickly and ben bernanke adjusts with them. It was about done to keep the rates low through that bond buying program. It was just the opposite. The next day was no bet