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Jamie Dimon: ‘Stupid Sh*t’ in D.C. Has Hurt the Economy

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“It’s almost an embarrassment being an American citizen traveling around the world,” the J.P Morgan chief executive said.

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Mike Blake/Reuters

J.P. Morgan Chase & Co. chief executive Jamie Dimon said political gridlock in D.C. has crippled U.S. economic growth, the Wall Street Journal reported. “We have become the most—one of the most bureaucratic, confusing, societies in the planet,” Dimon said on a conference call Friday. He specifically criticized U.S. corporate tax rates and the country's lack of modernized roads, bridges, airports, and other transportation infrastructure. “It’s almost an embarrassment being an American citizen traveling around the world and listening to this stupid shit we have to deal with.”

Read it at Wall Street Journal