Tuesday 19 March 2019

Jamie Dimon says we've split the US economy, leaving the poor behind

Jamie Dimon says we've split the US economy, leaving the poor behind

J.P. Morgan Chase CEO Jamie Dimon said that the U.S. economy has essentially been split into those benefiting from thriving corporations and those who are left behind. “I don’t want to be a tone deaf CEO; while the company is doing fine, it is absolutely obvious that a big chunk of [people] have been left behind,” Dimon said. “Forty percent of Americans make less than $15 an hour. Forty percent of Americans can’t afford a $400 bill, whether it’s medical or fixing their car. Fifteen percent of Americans make minimum wages, 70,000 die from opioids” annually.
Read more: https://www.cnbc.com/2019/03/18/jamie-dimon-says-weve-split-the-us-economy-leaving-the-poor-behind.html?source=Snapzu

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