JPMorgan Chase CEO Jamie Dimon said the biggest problems for businesses in America are âregulation, bureaucracy and stupidityâ during an interview with Yahoo! News last week.
â Yahoo News (@YahooNews) July 3, 2019
You know, the stuff Washington all too often seems to be made of.
âThe whole American public knows. Mind-numbing paperwork, red tape, and bureaucracy â itâs making it harder to build homes, to build bridges, to start businesses.â
The CEO noted that it can take years and dozens of permits to repair a broken bridge. âAnd thatâs true for our water, our electrical grids, our bridges, our tunnels, our airports. What the hellâs wrong with this can-do American nation?â Dimon said. âThatâs regulation, bureaucracy, and stupidity. And if we donât fix it, weâre relegated to more years of slow growth.â
Seems like a pretty common sense statement, right?
Apparently not for the esteemed Democrat senator from Massachusetts and presidential candidate, Elizabeth Warren.
No, Jamie. Corporate greed and corruption in Washington are whatâs really wrong with America. Thatâs what got your bank a no-strings-attached taxpayer bailout after the crash back in 2008, and itâs still rigging the system against working families today. https://t.co/dpNt5Q8zii
â Elizabeth Warren (@ewarren) July 3, 2019
Wait, is she disagreeing with him or not?
She says âcorruption in Washingtonâ is a problem, which is exactly what Dimon was decrying in his comments.
At any rate, while it seems to be her mission to make financial institutions and their CEOs out to be the ultimate villains of humanity, it really is a stretch for Warren or anyone to find fault with what he said there.
We shouldnât be surprised at this, though, from a candidate who promises to do away with an entire industry upon becoming president.
â All American Girl (@AIIAmericanGirI) June 27, 2019
She has also threatened executives with âhandcuffs and perp walks.â
âIâm talking handcuffs and perp walksâ: Elizabeth Warrenâs plan for âexecutivesâ is not terrifying at all https://t.co/bfMxRrjmLp
â Twitchy Team (@TwitchyTeam) May 12, 2019
All because money is eeeevil.
Except hers, of course.