Jim Cramer's Thoughts on Bill Ackman's 'Global Spring Break' Tweet

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Pershing Square's Bill Ackman took to Twitter this morning to give his thoughts on the coronavirus pandemic.

Ackman has called for President Donald Trump to "close the borders" for 30 days and shut down the country as an answer to the spread of the coronavirus. 

He then went on to suggest that the government should keep only essential services open and have the government pay wages until the country reopens. 

Ackman urged Trump to "send everyone home now" on an "extended Spring Break." Failing to do so could cost "thousands, and soon hundreds of thousands, and then millions of lives and destroy the economy."

"The shutdown is inevitable as it is already happening, but not in a controlled fashion which is extending the economic pain and amplifying the spread of the virus," Ackman said. 

Cramer, however, said that Ackman's idea is something that "rich people think."

"It's the same way that the rich people in the administration are saying, you know what, we need a payroll tax cut," said Cramer on TheStreet Live Wednesday morning.

Watch the full video above for more. 

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