NEW YORK (TheStreet) --
"Apple is a living, breathing example of why capitalism is worth cheering about," Jim Cramer told his "Mad Money" TV show viewers Wednesday, "and it puts our government to shame."He said our government can learn a lot of things from Apple and proceeded to compare Apple (AAPL), a stock which he owns for his charitable trust, Action Alerts PLUS, to the U.S. government in a number of key areas. First, there's debt. He said that while our nation is deeply in debt, Apple has none. Moreover, the company has an incredible $76 billion in cash on its books. Cramer said he's not worried, as are some, that this money is not being put to good use. He said Apple's cash hoard gives it a position of power, and the ability to pounce on opportunities as they arise. Then there's leadership. Cramer said that while many believed Apple was a one-man show, it's clear now that Apple has an established, nurturing culture of leadership and innovation that will last for years to come. Our government, on the other hand, knows only partisanship and anger, said Cramer. >>Get Jim Cramer's commentary on the go with TheStreet iPad app. Looking at trade, Cramer said that it's clear that Apple is taking market share, leaving rivals like Nokia (NOK) and Research In Motion (RIMM), which are just shadows of their former selves. Contrast that to our government, which uses protectionist tariffs and trade barriers to protect a multitude of industries from foreign competition, he said. Finally, Cramer compared the outlook for both. He said that Apple's conference call was filled with new things to come: a new operating system, a new cloud service, a new iPhone coming soon, etc. He said the company is filled with hope and opportunity. Meanwhile, many believe the U.S. has seen its best days, and that the next generation may not be as well off as this one. Cramer said it's hard to think of Apple as just a stock, but since it is, it deserves a price target of $500 a share.
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