Catastrophe Quote by Jamie Dimon
“When people talk about people being left behind - middle wages have not gone up for years, and we should recognize that, and there I think we need growth and skills - but there are these other people who have been left behind. When I say out loud, "Fifty percent of inner-city schoolkids do not graduate from high school," that is a national catastrophe. We should be ringing the alarm bells. It's not fair.”
About This Quote
Source Speech: Financial Services Forum, 2020
Stagnant wages and high dropout rates signal a crisis; growth and skill development are needed to avoid leaving people behind.
In simple terms: Wage stagnation and education gaps harm society.
Key Takeaway
Invest in skills and wage growth.
Themes
education
economy
inequality
Mood
concerned
urgent
Type
policy
economic
When to use this quote
- workforce training
- policy reform
- community outreach
Key Concepts
human capital development
social equity
Questions to Reflect On
- What policies can raise wages?
- How improve improve graduation rates?
A Different Perspective
Economic growth alone may not reduce inequality.
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