Wall Street CEO Wants U.S. To Follow Europe Into Austerity

Wall Street CEO Wants U.S. To Follow Europe Into Austerity: The European economy is still struggling to recover from the Great Recession as its leaders have chosen to focus on deficits and debt instead of unemployment and growth. But at a speech in Miami, JP Morgan Chase CEO Jamie Dimon seemingly ignored the struggling European economies and praised leaders there for having a “will” to [...]/p