This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Jim Cramer's 8-Point Plan for Higher Stock Prices

NEW YORK ( TheStreet) -- Jim Cramer told "Mad Money" viewers Wednesday he's got an eight-point plan for higher stock prices and a better America, just in case either candidate wishes to adopt it.

  • 1. Eliminate the tax on dividends. Cramer said eliminating this tax would encourage more companies to pay dividends and reward shareholders for investing instead of trading stocks. He also supported raising the capital gains tax as further incentive to keep investors in the markets for the long-term.
  • 2. Level the playing field. Cramer said he would appoint a strong attorney general and SEC chairman to go after insider trading and clean up Wall Street for good.
  • 3. Embrace natural gas. Cramer said he'd mandate that all federal vehicles use American-made natural gas, a move that would not only force the needed infrastructure to be built, but also allow for the cutting of the defense budget, the balancing of the trade deficit and the elimination of the need to burn corn for ethanol. All by supporting U.S. fuels instead of OPEC oil from hostile nations.
  • 4. Put low interest rates to work. Cramer suggested the Treasury take advantage of historically low interest rates by issuing $500 billion in 30-year debt for infrastructure projects and another $500 billion to reduce the deficit and secure our financial future.
  • 5. Place tariffs on goods that pollute. Cramer said our country needs tariffs on goods that come from countries with lower pollution standards to level the playing field and stop companies from moving their manufacturing to places where the environment is not a concern.
  • 6. Teach financial literacy in schools. It goes without saying that our younger generation needs to be taught about money, savings, investing and how the global economy really works.
  • 7. Appoint a competition czar. Cramer said our country needs someone to aid U.S. businesses become more competitive around the globe and help them attract the best talent.
  • 8. Reappoint Ben Bernanke as Federal Reserve chairman. Cramer said Bernanke has done a stellar job so far and deserves the opportunity to continue his work.

    1 of 4

    Check Out Our Best Services for Investors

    Action Alerts PLUS

    Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

    Product Features:
    • $2.5+ million portfolio
    • Large-cap and dividend focus
    • Intraday trade alerts from Cramer
    Quant Ratings

    Access the tool that DOMINATES the Russell 2000 and the S&P 500.

    Product Features:
    • Buy, hold, or sell recommendations for over 4,300 stocks
    • Unlimited research reports on your favorite stocks
    • A custom stock screener
    Stocks Under $10

    Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

    Product Features:
    • Model portfolio
    • Stocks trading below $10
    • Intraday trade alerts
    Try it NOW
    Try it NOW
    Try it NOW

    Check Out Our Best Services for Investors

    Dividend Stock Advisor

    Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

    Product Features:
    • Diversified model portfolio of dividend stocks
    • Updates with exact steps to take - BUY, HOLD, SELL
    Trifecta Stocks

    Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

    Product Features:
    • Model Portfolio
    • Intra Day Trade alerts
    • Access to Quant Ratings
    Options Profits

    Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

    Product Features:
    • Actionable options commentary and news
    • Real-time trading community
    Try it NOW
    Try it NOW
    Try it NOW
    To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
    Submit an article to us!
    DOW 16,614.81 +215.14 1.31%
    S&P 500 1,941.28 +37.27 1.96%
    NASDAQ 4,419.4780 +103.4040 2.40%

    Brokerage Partners

    Rates from Bankrate.com

    • Mortgage
    • Credit Cards
    • Auto

    Free Newsletters from TheStreet

    My Subscriptions:

    After the Bell

    Before the Bell

    Booyah! Newsletter

    Midday Bell

    TheStreet Top 10 Stories

    Winners & Losers

    Register for Newsletters
    Top Rated Stocks Top Rated Funds Top Rated ETFs