Thread: Cramer: Listen to Donald Trump

Cramer: Listen to Donald Trump

Abigail Stevenson
9 Hours Ago

Jim Cramer is tired of the horse race. He is sick of hearing whether John Kasich can be a comer because he won his home state, or if Ted Cruz can win enough delegates. For once, Cramer would rather go over what Donald Trump is actually saying, and what he would do if elected President.

"Trump has real things to say. They may not be what you think, and they often seem like wishful thinking. But you need to know his views, not just how he is doing coming around the far turn," the "Mad Money" host said. (Tweet This)

In Cramer's perspective the U.S. has been crushed on almost every single trade deal it has done, going all the way back to Nafta. And every time Cramer has asked an official of either party to name a deal that was signed in the last decade that has given the U.S. a trade surplus, no one could come up with an answer.

"Trump has real things to say. They may not be what you think, and they often seem like wishful thinking. But you need to know his views, not just how he is doing come around the far turn." -Jim Cramer

For years those who have questioned any of the trade deals has been dismissed as foolish. Now that Trump has said that the U.S. government has been horrendous at negotiating these deals, Cramer has no beef with it.

"Say what you will about Trump, I agree with him about these trade deals," Cramer said.

That is why Cramer decided to dig through what Trump has actually said about various companies and the economy and figure out what he would do if elected.

First, Trump claimed that he is going to force Apple to make its cellphones here in America. Cramer doesn't know how Trump is going to make Apple do this, particularly because the U.S. does not have the workforce to assemble the phones, and most of the component makers reside in Asia.

Trump would have to let Apple repatriate its foreign dollar with almost no tax and demand it be used to build factories and train the workforce. And while it's great that Trump wants to solve the repatriation tax issues, Cramer thinks it would be best to just let Apple do exactly what it has been doing, which is put millions of people to work all over the place.

"I say Apple's hiring policies are low on the list of this country's problems," Cramer said.

Second, Trump talked about Carrier. In February, United Technologies notified union workers at a Carrier heating, ventilation and air conditioning facility near Indianapolis that work will be shifted to Monterrey, Mexico.

"I say welcome to the world of Nafta. You can make heating, ventilation and air conditioning equipment so much cheaper in Mexico, it's a wonder anyone makes anything here," Cramer said.

It all comes down to free trade, in a nutshell. If United Technologies CEO Greg Hayes wants to make his numbers and raise profits to grow the company, Cramer thinks it just makes sense for him to move the plant to Mexico.

Trump also expressed an issue with Pfizer's merger with Allergan, which is headquartered in Ireland. It is playing by the rules set forth by the Treasury Department to meet new standards of inversion to avoid U.S. taxes on overseas profits. The deal has been structured per the way the Obama administration established its safe harbor for inversions.

If Trump is actually president, maybe he can have the Treasury Secretary rewrite the IRS rules, but by the time that would happen, it would be impossible to undo the Pfizer-Allergan merger.

"The fact is, with the possible exception of future tax inversions like this Pfizer-Allergan deal, nothing will change with a Trump presidency unless he updates 'The Art of the Deal' to prove he can buffalo everyone in the room, Democrats and Republicans alike. These are legislative decisions, not presidential hand-waves," Cramer said.

In the end, Cramer wants investors to know and understand the Trump's views. It could seem like wishful thinking, but they could also become a real agenda if Trump wins in November.

http://www.cnbc.com/2016/03/16/crame...ald-trump.html

First, Trump claimed that he is going to force Apple to make its cellphones here in America. Cramer doesn't know how Trump is going to make Apple do this, particularly because the U.S. does not have the workforce to assemble the phones, and most of the component makers reside in Asia.

We absolutely have the workforce to assemble the phones. Americans used to make these phones, Americans used to make all electronic items from phones to computers to televisions and all the component parts. What we did once better than anyone in the world, we can most certainly do again when we have 94 million unemployed working age adults in the United States.

Second, Trump talked about Carrier. In February, United Technologies notified union workers at a Carrier heating, ventilation and air conditioning facility near Indianapolis that work will be shifted to Monterrey, Mexico.

"I say welcome to the world of Nafta. You can make heating, ventilation and air conditioning equipment so much cheaper in Mexico, it's a wonder anyone makes anything here," Cramer said.

Of course you might be able to make it cheaper in Mexico, but if you're making products for the US market, you're stealing those economic benefits from the US share of those purchases and lining Mexico's pockets instead of ours which is why the US has 94 million unemployed working age adults and $19 trillion growing on $21 trillion in national debt. Americans have never wanted this cheap foreign-made crap for a valid reason. We know it bankrupts our country. How is that "cheaper"? You want to make HVAC equipment in Mexico, fine, sell it there for $600 a unit. But if you want to sell your units here for $5,000 a unit, then you need to make them here.

Trump also expressed an issue with Pfizer's merger with Allergan, which is headquartered in Ireland. It is playing by the rules set forth by the Treasury Department to meet new standards of inversion to avoid U.S. taxes on overseas profits. The deal has been structured per the way the Obama administration established its safe harbor for inversions.

If Trump is actually president, maybe he can have the Treasury Secretary rewrite the IRS rules, but by the time that would happen, it would be impossible to undo the Pfizer-Allergan merger.

It may be impossible to "undo the Pfizer-Allergan" merger, but this "merger" is no different than any "merger" any of which can be unmerged through a divestiture, and furthermore, the goal would be not to just bring Pfizer back but Pfizer-Allergan, the whole kit and kaboodle.

These bad trade policies have been decades in the making, and no doubt will take some effort and time to fix. But they must be reversed permanently, in ways that stop the bleeding now and heal it up so the lessons learned and the mistakes made are not repeated in the future. This process must start now, it must start immediately, and we need someone who has the will and skills to undertake this laborious task of fixing our country.

There is only 1 person who even cares about fixing it in the race for President. And that person is Donald J Trump, who not only wants to fix the trade deals and bring our industries and jobs back, a totally attainable goal if you know how to do it and he does; but also to stop this incessant outrageous illegal and massive legal immigration adding people to our population that we can't possibly sustain on any successful basis without robbing our own citizens of their livelihoods and futures.

We're the country that fought 2 world wars on 2 fronts and ended both in 3 years and 8 months. So anyone who wants to tell the American People "you can't fix your bad trade deals", "you can't build a wall", "you can't deport illegal aliens", "you can't stop excess legal immigration", "you can't solve poverty", "you can't balance your budgets", "you can't pass the FairTax", are our enemies. These are either not Americans to begin with or they're uninformed Americans lacking in American Spirit and Ingenuity. These are the people who ride the tide, surf the waves and feed off of the problems and aren't interested in the hard tasks of actually solving problems.

Trump is different than they are, he knows US, he knows what we can do. He was raised by it, he worked in it and with US, he saw what Americans can do, he dreamed things that never were and said "why not", and then he did it, but of course he didn't do it alone, so he knows the Americans that can design, build, solve problems, make things better. He's been leading teams of Americans doing amazing things that everyone said couldn't be done his entire life. That's why he does so well in states that have big Trump projects in them, they know first-hand what he can do because they know first-hand what he's already done.

By contrast, what has Ted Cruz done? Argued some cases, lost some, won some, same as anyone else who argues cases. What has John Kasich done? He voted on bills when he was in Congress, some passed, some didn't, same as any other Congresscritter and oh yeah, he pushed Clinton's balanced budgets, that's right, those budgets were Bill Clinton's balanced budgets, not Kasich's, not exactly the type of claim one would want to head into a General Election against another Clinton who knows whose budgets those actually were.

There is just no comparison between the measures of these three men. Trump is in a league all to himself so far above and beyond in achievement, capability, goals, policies and the track record to deliver the results most of US seek.

Trump can fix the trade deals. Trump can fix the immigration problem. Trump can fix the budget because he can fix the trade and immigration problems. And frankly, no one else in the race even knows what he's talking about.

But WE KNOW!

STAY TRUE! STAY TRUMP!!

The video at the link is excellent.