TheStreet.com RealMoney

Political Panic Will Create Jobs

By Jim Cramer

 About this article:
 Congress is in panic mode? You can read it. You can smell it! Nancy Pelosi is dismissive of the GOP's attempt to move the needle against the Dems, but she is missing the whole point in her interview today about the GOP 2010 playbook. It isn't the GOP that's storming the gates; it is her own party revolting against her. The Democrats in industrial states know the truth: Jobs are still being shed. They are being done quietly, but they are being done. It is exactly as Dan DiMicco from Nucor outlined on CNBC's "Mad Money." If you factor in the people who have stopped looking for work (so many), we are up to about 18% unemployment. By this point in any economic recovery, we should have seen a huge rebound in hiring. But when you see how much can be made by firing -- as...

You have just read the beginning of a premium article from our RealMoney Service. To read the rest of this article and sign up for a FREE trial please click below.

ACCESS STORY & START A FREE 14-Day Trial
Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET.
Outside the U.S. and in Canada, call 1-212-321-5200.



Already a RealMoney subscriber? LOG IN.
Username: Page data is submitted securely.
Password:
Forgot your Password? Click here


100% Money-Back Guarantee
If you decide to subscribe and you're not completely satisfied with TheStreet.com RealMoney, just call us within the first 30 days of your subscription and we'll refund your full annual subscription price — guaranteed.




If you choose a 14-day free trial of RealMoney and you do NOT call to cancel within those 14 days, you will pay $129.95 — a $100 savings off the regular annual subscription price of $229.95. Unless you cancel before the end of that year, your subscription will automatically renew for another year at the then-current subscription price.

Offer applies only to new annual subscriptions, and is subject to change at any time. Void where prohibited.

If you choose a monthly subscription, you pay $34.95 per month. You will be notified if the current monthly rate of $34.95 changes at any time in the future.

TheStreet.com is a publisher. None of the contributors or their affiliates will provide you with personally tailored advice concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. From time to time, any or all of the contributors or their affiliates may hold positions in securities mentioned and they may trade for their own accounts. In cases where the position is held at the time of publication, appropriate disclosure is made.

© TheStreet.com, Inc., 14 Wall Street, 15th Floor, New York, NY 10005.