In an interview on CNN today JP Morgan CEO Jamie Dimon called the current pack of 2020 Democrat candidates for President “unqualified” for the most part.
“There are a lot of people running, some are qualified. Some are completely inexperienced, by the way, which I find shocking that they would consider themselves qualified. I’m not going to give you their names” Dimon said.
Watch as JP Morgan CEO Jamie Dimon hilariously calls the 2020 Democrat candidates for President “unqualified:”
HARLOW: “You yourself have said that your heart is a Democrat, but your brain is more Republican right now. What do you make of the direction the Democratic Party is going in as a whole right now?”
DIMON: “There is a lot of people running, some are qualified. Some are completely inexperienced, by the way, which I find shocking that they would consider themselves qualified. I’m not going to give you their names.”
HARLOW: “You guessed my follow-up question.”
DIMON: “But let it sort out.”
HARLOW: “I’m sure you saw this Gallup poll a few months ago that Democrats as a whole now have a more positive view of socialism than capitalism.”
DIMON: “These are slogans. Traditionally, socialism is where the government owned the means of production, companies. I don’t think even the Democrats want that. I think when some people say socialist, social democracy is —“
HARLOW: “There is a democratic socialist running for president.”
DIMON: “Right. But a social Democrat means stronger welfare nets and training programs, sharing the wealth a little bit more. I think those are fundamentally different things. But even the people who are saying they’re socialists, I don’t think they mean to give the government just more and more to do. Because a lot of Democrats I know that want a more equitable society, they wouldn’t say that’s the solution.”
HARLOW: “So you are not concerned about it?
DIMON: “I’m concerned about bad policy. A lot of these folks have to describe what they mean more. You’re not going to get away with just saying socialism. You will have to say what that means, how you’re going to effectuate it, how is it good for the average American.”
HARLOW: “The Green New Deal, Larry Kudlow, the President’s Chief Economic Adviser a few weeks ago said it will literally destroy the economy. Is he right?”
DIMON: “I don’t spend much time worrying about things that I can’t effectuate. Can you focus on climate change in an intelligent way that doesn’t damage the economy? Yes, you can. It’s called CO2 emission taxes, or trading, there’s couple of ways to do it. So you better do it wisely because you could hurt the economy, which hurts everybody.”
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