CNBC’s Jim Cramer Demands Swift Reopening of New York

A notice of closure is posted at The Great Frame Up in Grosse Pointe Woods, Michigan. The Paycheck Protection terms are still not clear according to many nation’s small businesses. (Photo/Paul Sancya, File)

By Marisa Herman (NEWSMAX)

NBC’s Jim Cramer wants to see New York reopened immediately.

During Thursday’s “Squawk on the Street” Cramer called out Gov. Andrew Cuomo and New York City Mayor Bill de Blasio for the continued lockdown.

“We’re in New York, we have no idea whether the PPP is going to last — between de Blasio and Cuomo figuring things out,” said Cramer, referencing the ongoing financial struggles small business owners are facing. “New York is proving to be the epicenter of nothingness.”

The CNBC commentator said if they were located in another city, he would be wondering, “What the heck is going on in New York?! Because the answer is: A whole lot of nothing!”

Cramer said he is on a crusade to start reopening small businesses. He blamed the feud between “strong-willed” Cuomo and “ill-advised” de Blasio for the current gridlock before his Thursday segment.

“Of course New York should be reopening but we are caught in some miasma between a strong-willed governor and an ill-advised mayor so we have no idea what we are doing,” Cramer tweeted.


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