Mad Money w/ Jim Cramer Mad Money w/ Jim Cramer 4/1/25
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Apr 1, 2025 Delve into the complexities of tariffs and their economic impacts as the discussion highlights the balance between protecting industries and affecting consumer prices. Explore the decline of manufacturing jobs and the rise of a service-based economy. Learn about the tech trends influencing small businesses, like GoDaddy's AI innovations. The conversation also sheds light on the challenges in the software sector and evaluates notable stocks, including insights from a rapid-fire stock evaluation round.
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Tariff Troubles
- Across-the-board tariffs on imports could be economically disastrous.
- They might raise prices without significantly boosting domestic industries.
Cramer's Father's Paper Mill
- Cramer's father worked in paper mills impacted by Chinese competition.
- This personal experience informs Cramer's perspective on tariffs and trade.
Tariff Ineffectiveness
- Tariffs often fail to revive domestic industries because the jobs have been automated away.
- The US has become a service economy, and tariffs primarily affect goods.