• Subscribe
  • Log In
  • Home
  • Daily Diary
  • Asset Class
    • U.S. Equity
    • Fixed Income
    • Global Equity
    • Commodities
    • Currencies
  • Sector
    • Basic Materials
    • Consumer Discretionary
    • Consumer Staples
    • Energy
    • Financial Services
    • Healthcare
    • Industrials
    • Real Estate
    • Technology
    • Telecom Services
    • Transportation
    • Utilities
  • Latest
    • Articles
    • Video
    • Columnist Conversations
    • Best Ideas
    • Stock of the Day
  • Street Notes
  • Authors
    • Bruce Kamich
    • Doug Kass
    • Jim "Rev Shark" DePorre
    • Helene Meisler
    • Jonathan Heller
    • - See All -
  • Options
  • RMPIA
  • Switch Product
    • Action Alerts PLUS
    • Quant Ratings
    • Real Money
    • Real Money Pro
    • Retirement
    • Stocks Under $10
    • TheStreet
    • Top Stocks
    • Trifecta Stocks
  1. Home
  2. / Jim Cramer

Jim Cramer: Let's Set a Date to Get Back in Business

By making a plan and sticking to it, we can have both hope and a deadline to spur us all into action to prove we can overcome this virus.
By JIM CRAMER Mar 23, 2020 | 01:10 PM EDT

This will end. But it's not going to end at once. It ends when we get all the ventilators we need. It ends when we get gloves and masks. It ends when we can test everyone, if you feel sick. It ends when you have enough people who are healthy or recovered so they can get out and start demand again.

Right now we have Washington trying hard to keep people at work and save small business and give some liquidity to large businesses. That's going to happen. As many companies as possible will be saved by the government. I think that we are a great country and even our leaders know that they cannot let us own. I say "even our leaders," because it is an election year and it is easy to be partisan after being nothing but partisan.

But we need demand.

We need demand from real people and they have to be healthy enough to shop an eat and go out to events.

That can't happen, though, until there are enough ventilators and enough tests so that the testers are bored, because so many people have already been tested.

We have to do this because we need hope. I hear way too much gloom. I read this weekend that the highest ranking New Jersey health official said we are all going to get it. Thanks for that. I think our goal is to not get it. But if we listen to that official, we should go lick doorknobs and get this over with.

I hear that other people are saying this could last until the late summer or maybe fall.

The worst? I hear that the totalitarian state that is the People's Republic of China could solve it, because it is easy to intrude on freedom there and we can't.

That's nonsense. That's the kind of thing we heard about in World War II, that they were superior soldiers and we can't win. Can you imagine if we let those naysayers have their way? We are Americans. We may be an unruly democracy, but we can get this right. We do need to enforce social distancing. I still see the frolickers out in Brooklyn and we wonder why it's the epicenter of the epidemic. I despise defeatists, which means I despise a lot of people.

Here's what I want to do. I want to set a date, a realistic date, perhaps June 6, D-Day, where we re-open for business. What does re-open look like? Well, it's a little odd. First, we quarantine everyone over 65. They cannot go out. They have everything they need brought to them. If we have a date, then the people who are making ventilators have urgency. Same with those who make gowns and masks.

In the meantime, have convenient testing everywhere. Parks, Parking lots, whatever. If you test negative you get a badge lasts a week and then you get re-tested.

If you test positive, you start a course of Hydroxy-Chloroquine and you go home. And you get better. And you get your badge. If you don't get better, you can go to the hospital and know there is a ventilator.

Hey, we inspect cars. Let's inspect people. And have a drug that looks like it only works if you catch the virus early.

Once you get the badge get gloves. Get masks. Go out. Spend money. Restaurants are harder. We can practice table social distancing, though. Unless you just want to pick up. That puts money into the hands of the company when they get to the workers.

Hope.

I think that if we had a realistic date, we would at least have something to look forward to. If we have a date, it forces all the equipment people and the medical people work around the clock until we land.

That's all I have for now. Much more to come. But June 6, 2020 is our launch date.

Get an email alert each time I write an article for Real Money. Click the "+Follow" next to my byline to this article.
TAGS: Economy | Politics | Jim Cramer | Coronavirus |

More from Jim Cramer

Jim Cramer: I'll Put My Money With 'Boring but Lucrative' Any Day

Jim Cramer
Sep 29, 2021 1:28 PM EDT

Let's look at that recent downgrade of 'dull' Morgan Stanley and see why exciting is best left for the stadiums and amusement parks -- and not stocks.

Jim Cramer: America's Toughest Job? Finding Workers

Jim Cramer
Sep 28, 2021 12:17 PM EDT

It's the question of our time: Where are the people willing to take on these better paying gigs? Let's see what's going on and what we need to happen.

Jim Cramer: Here's How Analysts Can Be Off By a Wide Margin

Jim Cramer
Sep 24, 2021 12:02 PM EDT

Let's look at the reactions to Nike, Costco and Salesforce to see what happens when they're viewed from a real world perspective.

Jim Cramer: It's Pure Insanity That We Don't Make Chips Here in the U.S.

Jim Cramer
Sep 23, 2021 11:05 AM EDT

While the big guns meet at the White House about the global chip shortage, the president and these companies are approaching this all wrong.

Jim Cramer: Go Ahead, Have a Cow, but I Say Powell and Xi Are Bulls

Jim Cramer
Sep 22, 2021 3:51 PM EDT

We rallied, because China's President Xi and Fed Chair Powell made decisions that they knew would lead to rallies.

Real Money's message boards are strictly for the open exchange of investment ideas among registered users. Any discussions or subjects off that topic or that do not promote this goal will be removed at the discretion of the site's moderators. Abusive, insensitive or threatening comments will not be tolerated and will be deleted. Thank you for your cooperation. If you have questions, please contact us here.

Email

CANCEL
SUBMIT

Email sent

Thank you, your email to has been sent successfully.

DONE

Oops!

We're sorry. There was a problem trying to send your email to .
Please contact customer support to let us know.

DONE

Please Join or Log In to Email Our Authors.

Email Real Money's Wall Street Pros for further analysis and insight

Already a Subscriber? Login

Columnist Conversation

  • 12:01 PM EDT PAUL PRICE

    A Recent Director Buy in Children's Place (PLCE)

    Four of the most recent insider trades in Children...
  • 07:34 AM EDT PAUL PRICE

    A $525,000 Vote of Confidence on Macerich (MAC)

  • 09:49 AM EDT JAMES "REV SHARK" DEPORRE

    This Weekend on Real Money

    Stop Wishing, Hoping, and Praying and Take Control...
  • See More

COLUMNIST TWEETS

  • A Twitter List by realmoney
About Privacy Terms of Use

© 1996-2022 TheStreet, Inc., 225 Liberty Street, 27th Floor, New York, NY 10281

Need Help? Contact Customer Service

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.

Compare Brokers

Please Join or Log In to manage and receive alerts.

Follow Real Money's Wall Street Pros to receive real-time investing alerts

Already a Subscriber? Login