JP Morgan CEO Jamie Dimon said “all this negative talk about MAGA” is going to “hurt President Biden’s re-election campaign” during an appearance Wednesday on CNBC from Davos.

“They’re basically scapegoating” Trump supporters, Dimon said. “Just take a step back, and be honest. He was kind of right about NATO, he was kind of right about immigration. He grew the economy quite well. Tax reform worked, he was right about China.”

“The Democrats have done a pretty good job with the ‘deplorables’ hugging onto their bibles and beer and guns. I mean, really? Can we just stop that stuff and grow up and treat other people with respect?”

“He wasn’t wrong about these critical issues. That’s why they’re voting for him. People should be more respectful of our fellow citizens.”