That 'Stimulus' Package Just Won't Get It Done

Is President Obama listening to all of those good businesspeople around him? Or is it all being done for show? Did they really get behind that stimulus package that couldn't stimulate a fraction of the jobs that have already been lost this month?

I couldn't help but feel that way after speaking to Dan Dimicco from Nucor (NUE - commentary - Cramer's Take) last night. Nucor's had about a 50% drop in production of steel -- the kind of steel that would be used in any real infrastructure package -- and he was simply aghast that anyone could check off on anything that small, that the amount of steel that would be used in that package was minuscule and wouldn't mean a thing.

Now, Nucor doesn't need it to make the numbers. They have such a low cost basis on their steel that when prices come down, the other guys can't even make it for the cost that he can sell it.

But it does make me feel that as much hope that I had for the Obama administration, anyone who is buying the traditional infrastructure stocks here -- the Jacobs Engineerings (JEC - commentary - Cramer's Take) or the Granite Constructions (GVA - commentary - Cramer's Take) or the Vulcan Materials (VMC - commentary - Cramer's Take) -- off what just passed is simply not going to outperform this market.

At the time of publication, Cramer had no positions in the stocks mentioned.

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Know what you own: Other companies in the infrastructure space include Shaw Group (SGR - commentary - Cramer's Take), Fluor (FLR - commentary - Cramer's Take) and KBR (KBR - commentary - Cramer's Take).

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