Jamie Dimon's New Plan to Tackle National Debt

JPMorgan (NYSE: JPM) CEO Jamie Dimon just shared this new plan to reduce America’s $35 trillion national debt. Do you think it’s sound? Here’s what I think. Jamie Dimon's New Plan to Tackle National Debt By Ian Wyatt August 16th, 2024 JPMorgan (NYSE: JPM) CEO Jamie Dimon just shared… A new plan to reduce America’s $35 trillion national debt. This debt is growing at a shocking $1 trillion every 100 days – which only makes our inflation problem even worse. Collecting huge amounts of income is the #1 way to beat inflation. That’s why I’m revealing how any American could earn huge income with [this.]( [Go here now for urgent details.]( Jamie Dimon has a two-part plan to tackle the deficit: - Boost economic growth to improve the debt-to-GDP ratio - Adjust the tax system to better support middle-income families. In a new interview with PBS News… Dimon said it’s "doable" for the U.S. to continue military spending while also reducing overall debt. In his own words: "I would invest in things that make America stronger. That includes infrastructure, earned income tax credits (EITC), and military spending. I’d also push for a competitive international tax system to maximize growth." JPMorgan’s boss thinks geopolitical tensions are the biggest threat to the global economy. That’s why he believes in increasing military spending. On EITC, Dimon says reforming it would provide crucial income to those who need it most. How? By “taxing the wealthy more.” But in my view, if Congress doesn't have a spending cap… Then taxing more won't do a thing. Additional taxes are never a solution. Stop the deficit spending as a first step - create budget surpluses as a second step. Then you can reduce the debt. Unfortunately, the national debt problem doesn’t seem to have an end in sight. With the debt rising by $1 trillion every 100 days… It is no wonder a growing number of experts think America will be left with ‘severe, irreversible scars’ if national debt goes unchecked, sending the U.S. into financial crisis and 10 years of stagnation. Jamie Dimon is far from the only one sounding the alarm bells. Fed Chair Jerome Powell, Bank of America CEO Brian Moynihan, BlackRock CEO Larry Fink, ‘Bond King’ Jeffrey Gundlach, and hedge fund manager Ray Dalio… they ALL are. Even the Wall Street Journal admits that this rapid growth in debt often ends very badly. And while nobody knows what will happen next… It’s important to have strategies that can help you weather any storm. Strategies that could make you a lot of income in any market environment. That’s exactly why I’m sharing [this simple income blueprint]( presentation. For example, did you know you could collect 1-day payouts of $2,860… $4,120… and even $4,501 – straight from America’s most profitable companies? It’s one of my favorite income strategies to weather any storm. With each payout, you could build a buffer against inflation… … ensuring that rising costs don’t erode your purchasing power. That means less worry about prices at the grocery store… Less stress over monthly bills… And more freedom to enjoy your life. Plus, if you decide to take the cash flow to re-invest, you could compound your wealth effectively, setting the stage for a more comfortable retirement. If you want to discover how this income strategy could put an extra $1,150 every 20 days in your bank account in 2024… [Simply click here for details]( Yours in Wealth, Ian Wyatt [VISIT WWW.WYATTRESEARCH.COM]( [Take a 7 day break from these emails]( © Wyatt Investment Research. All rights reserved. Wyatt Investment Research is not a broker dealer of financial advisor. This content is for informational purposes. Nothing in this email should be considered investment advice. Every investment has risk and you could lose your investment. You can review terms of use and disclosures by [clicking here.]( You are subscribed with the following email address: {EMAIL} [Unsubscribe from these types of emails]( [Manage your email preferences]( We love hearing from subscribers. Please reply to this email with any feedback or suggestions. Contact abuse@wyattresearchnewsletters.com to report any issues or concerns. For questions regarding your account please call [866-447-8625](tel:+1(866)447-8625). Wyatt Investment Research LLC 65 Railroad Street, PO Box 790 Richmond, Vermont USA 05477