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As Above So Below
JPMorgan's Democrat donor boss Jamie Dimon admits Trump was 'right about NATO, immigration, China'... and 'he grew the economy quite well'
JPMorgan CEO Jamie Dimon warned Democrats that negative talk about MAGA supporters could hurt President Joe Biden's re-election campaign and said Trump was right about several issues. Dimon, a frequent Democrat donor, told CNBC on Wednesday that people are voting for Trump because he was right about the economy, immigration and China.The JPMorgan boss has donated to the campaigns of several Democrats in the past, according to Federal Election Commission records. He donated $2,900 to Kyrsten Sinema in 2022, $3,300 to Jon Tester in 2023 and $3,300 to Katherine Clark in 2023. Dimon - who is often seen as a cautionary voice on Wall Street - has warned Americans to prepare for a recession this year and said the economy and how people treat each other will affect the election.
'I think this negative talk about MAGA is going to hurt Biden’s election campaign,' said Dimon.
'When people say MAGA, they’re actually looking at people voting for Trump and they think they’re voting -- and they’re basically scapegoating them, that you are like him, but I don’t think they’re voting for Trump because of his family values.
'If you look at, just take a step back, be honest. He’s [Trump] kind of right about NATO. Kind of right about immigration. He grew the economy quite well. Tax reform worked. He was right about some with China,' said Dimon.
'I don’t like how he said things about Mexico, I don’t like -- but he wasn’t wrong about some of these critical issues. And that’s why they’re voting for him. And I think people should be a little more respectful of our fellow citizens'
Dimon said, 'I wish the Democrats would think a little more carefully when they talk about MAGA.'
Last week, Dimon said rising prices, stagnant growth and huge government spending were among the factors linking the 2020s to the 1970s.
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