In a medium mixing bowl beat sugar and shortening together until fluffy. Add egg and molasses; beat until combined. Combine the flour, baking soda, ginger, 1/2 teaspoon cinnamon, salt, and cloves. Add to sugar mixture; beat until smooth. Stir in the hot water.
Pour 1 to 1-1/4 cups batter onto grids of a preheated, lightly greased waffle baker. Close lid quickly; do not open until done. Bake according to manufacturers directions. (Do not overbake.) When done, use a fork to lift waffle off grid. Repeat with remaining batter. If desired, serve warm with sweetened whipped cream and additional cinnamon. Makes eight 4-inch waffles.