Chase Bank CEO Jamie Dimon delivered strong news for President Donald Trump’s 2020 re-election hopes during a “60 Minutes” interview on CBS that aired on Sunday night, saying that the U.S. economy is not showing any signs of letting up and that this is “the most prosperous economy the world has ever seen.”
“The stock market is going through the roof, and yet manufacturing production is down over the past year,” host Leslie Stahl said. “Wage growth is slowing. So when you look at the state of the economy right now, what do you see? Do you see strength? Do you see petering out?”
“The consumer, which is 70% of the U.S. economy, is quite strong. Confidence is very high,” Dimon responded. “Their balance sheets are in great shape. And you see that the strength of the American consumer is driving the American economy and the global economy.”
“And while business slowed down, my current view is that, no, it just was a slowdown, not a petering out,” Dimon added.
Polls show that the economy is the biggest factor in elections and it points to 30% of voters in 2020 voting based on this issue alone.
“This is the most prosperous economy the world has ever seen.” The CEO of America's biggest bank, Jamie Dimon, says the U.S. consumer is "quite strong" https://t.co/fFUJgepYXG pic.twitter.com/LeLfgp56yN— 60 Minutes (@60Minutes) November 11, 2019