What To Know: In a CNBC interview Wednesday at the World Economic Forum in Davos, Switzerland, Dimon indicated that Trump criticisms could actually hurt President Joe Biden’s chances for re-election.
“I wish the Democrats would think a little more carefully when they talk about MAGA,” Dimon said.
MAGA, or “Make America Great Again” is a political slogan popularized by Trump, but the term is also used to refer to Trump’s supporters.
“If you just take a step back, be honest, he was kind of right about NATO, kind of right about immigration. He grew the economy quite well, tax reform worked, he was right about some of China,” Dimon said.
The JPMorgan CEO acknowledged that Trump doesn’t always choose the right words, particularly his comments about Mexico that Dimon didn’t like, but “he wasn't wrong about some of these critical issues and that's why they're voting for him.”
Instead of asking someone whether or not they support Trump, we should be asking why someone does or doesn’t support Trump, he said, adding that it shouldn’t be binary like a lot of people make it out to be.
“Can we just stop that stuff and actually grow up and treat other people with respect? … This negative talk about MAGA is going to hurt Biden's election campaign,” Dimon said.
Photo: Shutterstock and Benzinga file photo by Dustin Blitchok.
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