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.
