The very industries President Obama’s spending plan was designed to help all rallied Thursday: oil, minerals, agriculture, the rails. But the White House deserves none of the credit, Cramer told viewers, because China led that charge, and not the U.S.

Cramer went so far as to call Obama’s stewardship of our much-needed stimulus package “a complete and utter disappointment.” He’s letting congressional Democratic leaders Nancy Pelosi and Harry Reid fill the bill with pork instead of the $300 billion to $400 billion in infrastructure spending we expected. No, for building bridges and roads, we got just $30 billion instead. The jobs that were supposed to be created and the business that was supposed to be “stimulated” – all of the above-mentioned sectors and more – aren’t happening here at home. At least not yet. So there had to be another reason for today’s gains.