The American Dream's Fatal Flaw: A Warning from Jamie Dimon Jamie Dimon, CEO of JPMorgan Chase, recently discussed the state of the American Dream in a PBS interview.
He acknowledged that the bottom 20% of households have been left behind and that this has driven polarization among social classes.
However, his assertion that the majority can still achieve the American Dream seems at odds with the facts. The middle class has grown larger, but income stagnation for struggling households is the real issue.