Jim Cramer says he sounds like Marx
The gist
CNBC host Jim Cramer said on air he sounded like Marx while citing wage data.
His remark came as real weekly earnings fell for a sixth straight month.
How it unfolded
- Oct 14, 2026Hours after September inflation data showed prices rising faster than expected, Cramer discussed consumer savings and spending with Quintanilla and Faber, saying people can't manage to get any savings.
- Oct 14, 2026Looking at real wage data, Cramer said: "Look, rich people are making a lot of money. God, I sound like Marx. I really don't want to sound like Marx. It's just, I'm looking at the data."
- Oct 14, 2026Inflation was surging as gasoline and fuel prices spiked; Americans' real weekly earnings fell year-over-year for the sixth month in a row, and home-buying fell to its lowest level since the aftermath of the 2009 housing crash.