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JPMorgan CEO Dimon Scolds Democrats for Constantly Demonizing Trump & MAGA: ‘Going to Hurt Biden’s Election Campaign’

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JPMorgan Chase CEO Jamie Dimon urged Democrats to “be a little more respectful” to Trump and his supporters because the former president was “kind of right” about key issues like immigration and NATO.

During a CNBC “Squawk Box” interview conducted in Davos, the site of the World Economic Forum’s annual meeting, Dimon explained Wednesday that voters who back Trump do so more for his policies than his personality.

“When people say MAGA, they’re actually looking at people voting for Trump, and they think they’re voting — they’re basically scapegoating them, that you are like him. But I don’t think they’re voting for Trump because of his family values,” Dimon said.

“Just take a step back, be honest. He’s kind of right about NATO. Kind of right about immigration,” the chief executive continued. “He grew the economy quite well. Tax reform worked. He was right about some of China.”

“I don’t like how he said things about Mexico,” Dimon said of Trump’s repeated comments about Mexico allowing criminals and rapists into the U.S. illegally.

“But he wasn’t wrong about some of these critical issues, and that’s why they’re voting for him. And I think people should be a little more respectful of our fellow citizens,” he added.

Dimon went on to scold Democrats for demonizing Trump and his supporters so fervently.

“The Democrats have done a pretty good job with the ‘deplorables, hugging onto their Bibles and their beer and their guns.’ I mean, really? Like, could we just stop that stuff and actually grow up and treat other people respectfully and listen to them a little bit?”

“I think this negative talk about MAGA is going to hurt Biden’s election campaign,” he added.

Dimon’s warning comes a day after liberal pundits across the media landscape melted down in the wake of Trump’s decisive primary victory in Iowa.

MSNBC host Joy Reid condemned “white Christians” who voted for Trump in Iowa, claiming they want non-whites to “bow down to them.”

MSNBC host Rachel Maddow likewise refused to air Trump’s victory speech and said his winning the Iowa caucuses is a sign of “the rise of fascism.”

Meanwhile, Biden is also showing no signs of letting up on his inflammatory rhetoric against “extreme MAGA Republicans.”

“This election was always going to be you and me vs. extreme MAGA Republicans. It was true yesterday and it’ll be true tomorrow,” he posted on X Tuesday.


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