Jim Cramer just doesn't get it. He thinks the market is really confused about commodity prices and wouldn't know a good thing even when it bit it in the face. Heck, just look at the airlines flying high right now!
Yet again on Thursday, both the S&P 500 and Dow Jones ended in the red when the price of crude oil collapsed to $43. At this point, Cramer has stated the benefits to low oil prices so many times he's turning blue in the face.
"With commodity prices down and down big, as they are now, that gives you a benign market, a positive one, less roiled by a host of earnings disappointments and interest rate hikes that can slay any bull, even a raging one," the "Mad Money" host added.
Cramer saw the same thing occur back in 2008, and while it is painfully clear that commodity spikes contributed to the two largest market crashes of his lifetime; for some reason people still question if cheap oil prices are a good thing.
The "Mad Money" host has exhausted himself talking about the benefits. How small businesses and investors now have expendable income to go out to dinner, or hire more. Even the airline industry has made a major comeback because of crude.
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