Editor's Note: This article was originally published on Real Money on Jan. 2. To see Jim Cramer's latest commentary as it's published, sign up for a free trial of Real Money.
May 2013 be as good as 2012! That's what I find myself thinking as I feel surrounded by people who are already worried about the next big bad thing, this time the debt-ceiling fight.
I like to take a moment to smell the roses, because they smell pretty darned good, and it is easy to go right past them without an ounce of thought.
I am not advocating wearing rose-colored glasses. I am simply saying that there are some roses out there.
My job is to try to help you make money. I may not always be right, but I know there is an opportunistic, optimistic way to make money, embracing skepticism and reality, and there is an unrealistic way to
make money, which is to be continually cynical, offering a corrosive mindset dedicated to the proposition that there are no roses to begin with, just thorns, thorns that are endlessly in your way. Maybe it's because in my spare time I like to garden more than just about any other hobby, but the rose of an
that's up 16%, as it was in 2012, a rose that keeps capital gains and dividend taxes lower than I would have ever expected, a rose that allows the middle class to stay ensconced in lower rates until this economy really recovers, must be noticed and, yes celebrated.
I start this year somewhat dazzled by events. A week ago, I was worried that tax rates could go up for everyone, that you would barely be compensated for owning higher-yielding stocks than for owning Treasuries, and that we would have a meat ax put to government spending. Going over the cliff worried me and gave me pause about 2013, as I trust it did for you.
Even yesterday, when I heard that Eric Cantor, the majority leader of the House, was going to try to scuttle a hard-fought deal that was overwhelmingly approved in the House, I took pause about what could happen even this morning.
But Cantor, a sure candidate for the Wall of Shame if that kept up, backed down, and we got a deal that everyone dislikes, which is the essence of what it means to rise above politics.