Name: Reasons for and Solutions to Pessimism Surrounding US Economy
Uploaded: 2023-09-21T21:28:54.000Z
Description: JPMorgan Chase CEO Jamie Dimon says Americans would be making a “huge mistake” if they believe narratives saying the U.S. economy is booming.

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JPMorgan Chase CEO Jamie Dimon says Americans would be making a “huge mistake” if they believe narratives saying the U.S. economy is booming.

NTD spoke to Vance Ginn, the president of Ginn Economic Consulting and former Chief economist at the Office of Management and Budget, on some ideas to kickstart the economy. Ginn says he agrees with Dimon’s statement, citing increasing inflationary pressures and  inflation-adjusted spending being basically flat.

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