W3Schools

Jamie Dimon has a simple explanation for the U.S.’s anemic economic growth

The longtime chief of J.P. Morgan Chase thinks that he has a clear view of what’s been holding back the U.S. economy over the past seven years.

“Ourselves! Our policies!” intoned Jamie Dimon during a question-and-answer session at a conference for investors hosted by J.P. Morgan Chase & Co. JPM, +0.21% on Tuesday in New York. Dimon pointed to toughened regulations against the financial system in the wake of the 2008-09 financial crisis and deadlocks that resulted in sequestrations, or across-the-board government spending cuts, as some of the headwinds that the U.S. economy has faced over the past several years.

>>> Original Source <<<