‘Almost an embarrassment being an American citizen’: JPMorgan’s Dimon
This great American system, “we no longer get it”
During JPMorgan Chase’s quarterly earnings conference call on Friday, the investment bank’s CEO, Jamie Dimon, had some choice words for his home country’s government.
“It’s almost an embarrassment being an American citizen … and listening to the stupid s— we have to deal with in this country,” Dimon was quoted as saying by CBS news.
“I was just in France. I recently in Argentina, was in Israel, was in Ireland. We met with the prime minister of India and China,” Dimon said. “It’s amazing to me that every single one of these countries understands that practical policies that promote business and growth is good for the average citizens of this countries, for jobs and wages, and that somehow, this great American free enterprise system, we no longer get it.”
“The American business sector is powerful and strong, and it’s going to grow regardless,” he went on. “What I’m saying is, it will be much stronger growth had we made intelligent decisions and we were not gridlocked.”