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That 'Stimulus' Package Just Won't Get It Done

By Jim Cramer

 About this article:
 Is President Obama listening to all of those good businesspeople around him? Or is it all being done for show? Did they really get behind that stimulus package that couldn't stimulate a fraction of the jobs that have already been lost this month? I couldn't help but feel that way after speaking to Dan Dimicco from Nucor last night. Nucor's had about a 50% drop in production of steel -- the kind of steel that would be used in any real infrastructure package -- and he was simply aghast that anyone could check off on anything that small, that the amount of steel that would be used in that package was minuscule and wouldn't mean a thing. Now, Nucor doesn't need it to make the numbers. They have such a low cost basis on their steel that when prices come down, the other guys can't even make...

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