Asked whether he was worried about the potential ratings agency downgrade of the debt of the United States if we don’t get a deal soon out of Washington, Cramer wondered if anyone is so nimble they could get out of the market and then back in again.

(Slideshow—Cramer: Buy This, Not That)

Sure, the market could get hit, Cramer said. But investors who sell high-quality stocks because of this potential downgrade should ask themselves what happens if we get a deal? After all, the "Mad Money" host noted they'd be selling down a percent and then coming back in up 2 percent. In other words, selling low to buy high.

Cramer doesn't know what the Democrats and Republicans are going to do. He does, however, know that you can't jump in and out of stocks when stocks may turn out to be the best asset class to own (aside from gold) in an impasse that causes a downgrade.

After all, if there isn't a debt ceiling deal, Cramer doesn't think it will be chaos for stocks. Bonds, on the other hand, will likely get hit, he said. Some stocks are likely to get hit on that news, but he thinks it would most likely be the banks because they are perceived to hold a lot of bonds.

Whether or not U.S. leaders agree on a debt deal, high-yielding stocks are still going to sport a high-yield. Why sell Google , for example, just because the White House and Congressional leaders can't see eye-to-eye? To Cramer, selling stocks on a lack of a debt agreement doesn't make sense.

Cramer thinks it would be great if he could recommend investors sell stocks now because of a pending Moody's downgrade of U.S. Treasurys and then buy them back August 3, which is when he thinks a deal will be at hand. Of course, he thinks it would be great if investors sidestep a 2 percent move down and then caught a 2 percent move up. He would rather say, there could be a little pain, but don’t sell the best assets around because there's a big dive coming. After all, no pain, no gain, he said.

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