TheStreet’s Jim Cramer says any major changes proposed by President Obama are unlikely to get through and will have little impact on stocks. He says democrats do no want the profits from the stock market distributed only to the rich. They want profits from any source given to the middle class. Cramer says the irony is that the middle class is eviscerated by all these trade agreements because that’s exactly where the jobs are exported but that never gets mentioned. All that seems to get mentioned, he says, is that the rich make too much money. The 1 percent does make a lot of money historically versus labor, there’s no denying that Cramer says. The president wants to change that but Republicans will never allow anything having to do with the President’s view on taxation to occur.
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