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NEW YORK ( TheStreet) -- We're on the cusp of an economic boom in this country, Jim Cramer said on "Mad Money" Thursday, but only if those in Washington get out of our way.
He said America has an incredible opportunity to reassert itself as a global leader in technology, natural resources and finance -- but only if Washington will give us a budget deal.
Enough with the selfishness and the rhetoric and the hard-line positions! At this point, any budget deal, even a bad one, will be seen as a good one for America, he said. Cramer said he's willing to pay more in taxes because he's grateful for all our country has given him, and that's the attitude that Washington needs to adopt -- shared sacrifice.How well could America be doing? Cramer said that even Europe, which has slid into a perpetual no-growth mode, is seeing its stock markets performing better than ours. "How is that possible?" Cramer asked. He said there was clearly an explosion of earnings bubbling up before the rhetoric in Washington began because our country needs more office buildings and homes and cars and it has the cheap, clean energy and the technology to make it happen. We only need Washington to compromise already, Cramer concluded, and then we'll see what America is really capable of.