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The Erick Erickson Show

S12 EP111: Hour 2 - The Economic Success of America

The Erick Erickson Show

Erick Erickson

News, News Commentary

4.5874 Ratings

🗓️ 6 July 2023

⏱️ 37 minutes

🧾️ Download transcript

Summary

Jaime Dimon speaks to American exceptionalism.

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Transcript

Click on a timestamp to play from that location

0:00.0

Hello, America. Welcome. I hope you're doing great today and have blue skies wherever you are.

0:05.7

The phone number should you wish to be on the program, 8779373-725.

0:15.0

If you are calling, just be patient because I wouldn't talk about the economy. We haven't in a while.

0:22.9

And I think we need to spend a little bit of time because there's news about the economy that I

0:28.9

find encouraging, particularly as someone who has expected a recession. To begin with, I want to

0:35.6

play for you some audio. This is Jamie Diamond. Jamie Diamond

0:40.3

is the, what, he's the head of, what, J.P. Morgan? And this clip, I want to play it in its entirety.

0:50.3

You need to listen to Jamie Diamond. He's speaking at the Economic Club of Washington, D.C.

0:55.1

America has the best hand ever dealt of any country on this planet today ever.

1:01.5

Okay, and Americans don't fully appreciate what I'm about to say.

1:05.2

We have peaceful, wonderful neighbors in Canada and Mexico.

1:09.4

We've got the biggest military barriers ever built

1:12.0

called the Atlantic and the Pacific.

1:14.3

We have all the food, water, and energy we will ever need.

1:18.6

We have the best military on the planet,

1:20.7

and we will for as long as we have the best economy.

1:24.2

And if you're a liberal, listen closely to me in that one,

1:27.0

because the Chinese would love to have our economy we have the best universities on the

1:30.2

planet they're great ones elsewhere but these are the best we still educate you

1:34.0

know most of the kids who start businesses around the world we have a rule of

1:38.0

law but which is exceptional if you don't believe me and we talk about Britain

1:41.5

Brazil Russia India Venezuela Argentina China India believe me it we talk about Britain, Brazil, Russia, India, Venezuela, Argentina, China, India. Believe me, it's not quite there. We have a magnificent work ethic. We have innovation from the core of our bones. You can ask anyone in this room, what can you do to be more productive? Ask your assistance, factory floors, we do it. It's not just the Steve Jobs, it's this broad death. We're the widest and deepest financial markets the world's ever seen. Okay? And if you, I just made a list of these things, and maybe I missed something, it's extraordinary. It's extraordinary. And we have it today. Yes, we have problems. But you know, when I hear people down, if you travel around the world, I mean, get an airplane,

...

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