Influential JP Morgan Chase CEO Jamie Dimon dropped a bombshell on the mainstream media on Wednesday with a warning to Democrats. He told CNBC News that the American people flocked to Trump because he was right on many critical issues.
These included the illegal migration crisis, the U.S. economy, and foreign enemies.
Dimon declared that it is wrong to believe that there are not many challenges coming in the next year. He cautioned that Democrats smear the MAGA movement at their own risk.
The CEO said that people are not voting for Trump over family values. “He’s kind of right about NATO, kind of right about immigration. He grew the economy quite well. Tax reform worked. He was right about stuff with China.”
Democrats, Dimon warned, should exercise care when disparaging the MAGA movement. “When people say ‘MAGA’ they’re actually looking at people voting for Trump and they’re basically scapegoating them that ‘You are like him.’”
Essentially, he said, Democrats should ‘grow up.’
BREAKING – EXPLOSIVE: JPMorgan CEO Jamie Dimon tells CNBC people are voting for Trump because he was right about the economy, immigration, and China, says people should be a bit more respectful of MAGA people. They know what they are doing. WATCH pic.twitter.com/fMHgLrZF0d
— Simon Ateba (@simonateba) January 17, 2024
Dimon admitted that he did not appreciate certain Trump statements concerning Mexico. However, “he wasn’t wrong about some of these critical issues, and that’s why they are voting for him.”
The financial CEO added that Democrats “should be a little more respectful of our fellow citizens.” Dimon noted that such “negative talk about MAGA is going to hurt Biden’s election campaign.”
Of course, the president himself spearheaded much of the charge to smear Trump supporters as radicals and even domestic terrorists. He repeatedly slammed “extreme MAGA Republicans” as a threat to democracy.
This could be a result of his abysmal poll standings.
Recent surveys confirm that Trump pulled slightly ahead nationally over the incumbent. Even more alarming for Democrats is the former president’s surge in battleground states that will be the key to winning November’s election.
But Biden is far from toning down his divisive rhetoric. The president posted on X, formerly Twitter, that Trump’s Iowa victory solidified the status of the race for the White House.
He claimed, “This election was always going to be you and me vs. extreme MAGA Republicans. It was true yesterday and it’ll be true tomorrow.”
