Jim Cramer Blasts Trump Over The Stock Market — And Made This Shocking Comparison

As a candidate, President Donald Trump liked to claim that the markets were hitting new highs because they anticipated his election. Now that he’s actually president and his economic polices are going into effect, the S&P 500 is on pace to have its worst quarter compared to the rest of the world since the early 1980s ― and somehow it’s all Joe Biden’s fault.

For a more accurate historical analogue, however, Trump should probably be looking to Jimmy Carter.

So says CNBC host Jim Cramer, who used his show Monday to call out Trump for recreating the “stagflation” of the early 1980s.

“I cannot think of another president in my lifetime who could knock down the stock market simply by opening his mouth than Jimmy Carter,” said Cramer, who called it a “brutal” comparison.

“Eureka! I have found him!”

The financial analyst noted that Trump inherited declining inflation from Biden, yet decided to implement inflationary tariffs. Trump also inherited a strong job market from Biden, yet has gone about undoing that as well.

The market in general “was doing extremely well last year,” said Cramer, until Trump showed up and sowed tremendous uncertainty.

“So let’s look at it this way: Everything about this economy is good,” he concluded. “Everything, everything, except one thing. We have a president who’s very angry at everyone, except Vladimir Putin. Oh, no, maybe even Vladimir Putin.

“And his wrath has made investors so downcast and so negative that people have just given up. They want nothing to do with stocks, nothing to with this world, because they’re sure the White House will keep laying on the tariffs that seem to be wiping out your wealth and my wealth.”

It wasn’t all doom-and-gloom for the famously frazzled TV host. If Trump could “lose the anger, drop the scowl, [and] stop diminishing our friends while making common cause with our enemies,” said Cramer, maybe he could turn it around.