Investors should take a bite of this stock

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Workers assembles semi trailers on the floor at the Wabash National Corp. manufacturing facility in Lafayette, Indiana.

Finally, Cramer looked into why a top truck manufacturer at the "sweet spot of e-commerce" issued a wildly negative earnings preannouncement on Friday.

Between a lack of new workers, and Wabash National's business is being squeezed, and Cramer said.

And while the "Mad Money" host understands why Fed Chair Jerome Powell has been forecasting more hikes – rising labor costs, like those for overtime, tend to be inflationary – he thought some inflation was "a small price to pay for a strong economy. "

"Let's call it a consequence of full employment, why not just those workers make a little more money?" he said. "Companies like Wabash and Thor [Industries will] leave it out. They got that big tax cut anyway. Meanwhile, the tariffs are already slowing down the economy, so the Fed may not be

But if we do not listen, U.S. manufacturers are not exactly right with a pretty picture, Cramer warned.

"We're left with this situation where, just when a down-and-going manufacturer is having some hope for a big year, it's gotten hit with the triple-whammy of higher labor costs," he said. "To me, these rates seem to be an important part of the inflationary cycle that is mostly government-made to begin with."