Wednesday, March 4, 2009

Gibbs takes swipe at Cramer

Gibbs takes swipe at Cramer

During today's briefing, NBC correspondent Tom Costello -- who previously worked at CNBC -- asked Robert Gibbs about the latest criticism from CNBC's Jim Cramer.

On NBC's Today show this morning, Cramer talked about Obama's "radical agenda" and said that his administration's economic policies amount to the "greatest wealth destructive I've seen by a President"

Despite the bait, Gibbs didn't launch into a lengthy critique of Cramer, as he did on Feb. 20 in response to CNBC's Rick Santelli, saying that "this is where I have to probably be careful."

However, Gibbs did take gentle swipe at the Cramer's track record.

"I'm not entirely sure what he's pointing to, to make some of the statements that he's made," Gibbs said. "And you can go back and look at any number of statements he's made in the past about the economy and wonder where some of the back up for those are, too."

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