JPMorgan Warns of Skill Gap, Not Tax Cuts or Offshoring
A recent report highlighted by The Independent (decades-old URL, 2025 date for some reason) points to JPMorgan's dire warning about a US worker 'skill gap' threatening national security. This from the same financial titans whose relentless pursuit of cheap labor and maximizing shareholder value outsourced millions of American manufacturing and tech jobs over the past forty years. Perhaps the
'skill gap' was created when corporations slashed training programs and offshored entire industries, leaving communities to rot while executives gorged on bonuses. Convenient, isn't it? One might wonder if the real 'national security threat' isn't a lack of programming proficiency, but rather a financial system that prioritizes corporate profits and executive compensation over a robust, skilled
domestic workforce. Or perhaps it's the bipartisan consensus that funnelled trillions into endless wars and tax cuts for the wealthy, rather than investing in education and infrastructure. JPMorgan's CEO Jamie Dimon, who made $36 million in 2023, wants you to believe the problem is your coding abilities, not their balance sheet.