I’m thinking January 2013.
With the dollar drop, we will also see some return to domestic manufacturing.
Hey! Where am I gonna get new socks, then?
Dimon doesn’t care. He’s got lots of socks.
He should have left off the last three words.
This will pass??? WTF is he smoking? Will entitlement spending magically be cut? Or will tax revenues magically double without an increase in tax rates? This moron seems to think there are no structural problems with our government. I’m sure he is saying this just to shill for his buddy, Obama. I doubt he believes a word of it.
Don't look for any help here. The good ole American Spirit has been strangled and has the boot of gov't on its neck.
Guys like Cavuto et. al. should be opening every single monologue by pointing out just how wrong and consistently wrong these turds have been.
I already can’t afford socks. I have to make the ones I have last. I hope they don’t destroy them like the article title says.
There will be no significant, lasting business growth in America until a few things happen:
a) Significant, lasting elimination of the mindless regulation that burdens small businesses on an ongoing basis. One-time, short-lived and insignificant reductions do not alleviate the long term burdens caused by governments - local, county, state and federal - that would be so insane as to shut down a child’s lemonade stand. That act in and of itself does not affect business, but it symbolizes just how intrusive, overbearing and meddling government has become - they must stop picking winners and losers and making requirements on business.
b) government borrowing authority has to be eliminated because that is the only way to guarantee a balanced budget
c) unions must be virtually ended.
d) big-business must be controlled - as it is out of control and is in bed with government. As such, it steamrolls any and all small businesses in it’s way. It wants people to be CONSUMERS, not COMPETITORS.
Once a) and b) are done, and c) and d) are significantly done, America will become an ENORMOUSLY attractive place to set up shop.
But if a) and b) are NOT completely done, and c) and d) are NOT significantly done, then America will be missing many jobs that it needs for normal employment rates.
Just one little idiot citizens’ crazy, stupid opinion, after all, I didn’t go to an Ivy League school.
And where are all of our socks made these days?
Its nice to chest pound but I have to say this is not the 1930's and I have not seen much of this in my lifetime.
I wouldn’t trust a damn word this clown says. He belongs behind bars.
Jamie Dimon belongs behind bars.
Heh. No sale.
Imagine the administration changed over to one that is investor/producer friendly, with less taxation and regulation, that’s allowed to keep most of their profits. Then imagine that same administration enforcing the law equally on everyone, putting the Constitution before personalities.
This, after what we’ve been through so far? I can foresee a situation where the economy could actually over heat, and might even have to be restrained somehow.
Marx saw this coming during the Industrial Revolution. He knew that some people would jump on and thrive with it, but that others wouldn’t, and then would envy and hate those who did, creating social problems. his utopia consists of equalizing and redistributing poverty.