Author Topic: Jamie Dimon says America used to be a ‘can-do nation.’ Now it’s as bureaucratic as Europe  (Read 377 times)

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Offline rangerrebew

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Jamie Dimon says America used to be a ‘can-do nation.’ Now it’s as bureaucratic as Europe
Story by Eleanor Pringle • 23h


JPMorgan CEO Jamie Dimon loves America—but that doesn’t mean he won't highlight its faults. Among Uncle Sam’s issues, the Wall Street veteran says, is the notion that the country is drifting away from its can-do roots.

Speaking to Spectrum News NY1, Dimon said there were a raft of changes America could make to increase its growth, adding that it’s “deeply frustrating” when these don’t happen.
 
Among the changes the 68-year-old suggests are initiatives he’s mentioned previously. They include teaching financial literacy and health care in schools, as well as targeting educators on whether their pupils land jobs after graduating, as opposed to college admission rates.

In the interview released Thursday, Dimon made it clear he wants to see red tape reduced and opportunities made more available.

https://www.msn.com/en-us/money/markets/jamie-dimon-says-america-used-to-be-a-can-do-nation-now-it-s-as-bureaucratic-as-europe/ar-AA1rH225?ocid=msedgdhp&pc=HCTS&cvid=ebe36587716b47caf9068acdff11011e&ei=98
abolitionist Frederick Douglass: “Power concedes nothing without a demand. It never did, and it never will.”