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Tuesday, April 04, 2017

Jamie Dimon Warns "Something Is Wrong" With The US

What a moron, the left wing nut complains something is wrong with the nightmare he and his party created

 Here is the full excerpt from Dimon (link to full letter):

  • Over last 16 years, U.S. has spent trillions on wars when it could have been investing that money productively.
  • Since 2010, when the government took over student lending, direct government lending to students has gone from ~$200b to >$900b, creating dramatically increased student defaults, population that’s "rightfully angry" about how much money they owe, particularly since it reduces ability to get other credit.
  • Healthcare costs are essentially twice as much per person vs most other developed nations.
  • Labor force participation is too low.

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