Jamie Dimon cant explain how unskilled employee should budget her low salary

the cac mamba

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its worth noting that businesses cant pay employees like the government does. because if they did, they would go bankrupt

a business cant go 80 billion in debt to pay its employees like, say, an NYC
 

Secure Da Bag

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1. More people have college degrees, but that isn't what is driving up the cost of living.

Higher incomes will drive up the cost of living. It's not the only factor but it is a factor.


2. Bank tellers were never loan officers.

Interesting spin. Never said they were. All I said was that they pushed for customers to get loans.


3. The job responsibilities haven't really changed over time, you've pretty much made this up from misreading the article you posted earlier.

Unfortunately, you've misunderstood what I said and spun this false narrative.


Fun fact:Customer Service Representatives on average make 10k more a year more than bank tellers. :mjgrin:

Good for them. :ehh:
 

Pressure

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Higher incomes will drive up the cost of living. It's not the only factor but it is a factor.
This does not track with data. 8 out of 10 American workers are living paycheck to paycheck with rent being their largest expense.

Interesting spin. Never said they were. All I said was that they pushed for customers to get loans.

Bank tellers still do refer customers for other bank services. Your point was bullshyt. I correctly called you on it.
said and spun this false narrative.

You said bank tellers deserve less pay because they don't offer services such as loans that they did in the 50s 69s and 70s. They never did. Their most important skills historically were to count money fast and balance a drawer.

Again,you created the false narrative and I'm correcting you.


You're out of touch.
 

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This does not track with data. 8 out of 10 American workers are living paycheck to paycheck with rent being their largest expense.

That's an ambiguous stat.


Bank tellers still do refer customers for other bank services. Your point was bullshyt. I correctly called you on it.

Refer and push are not the same. But keep conflating.

You said bank tellers deserve less pay because they don't offer services such as loans that they did in the 50s 69s and 70s. They never did. Their most important skills historically were to count money fast and balance a drawer.

I didn't say offer. As I told you before, they're not loan officers. You can drop that narrative now. I said their pay has kept up with inflation but not the cost of living because the economy is not as red hot as it was back then and they're not pushing people to get more loans like they were back then.

Again,you created the false narrative and I'm correcting you.

You're out of touch.

You can't keep conflating concepts and claim you're correcting someone.
 

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Everyone isn't going to be skilled though. Most people are just going to be average worker bees.

He should know since he wasn't skilled enough to keep a bar open.
W6YPL4m.jpg
 

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To think people on this website would side with the turbo CAC Jamie Dimon who definitely says the N word with a hard R, and is the fukking CEO of Jp whatever is nuts. This dude made 30 million in 2017. What the fukk does he know about living on a take home of like 18k? It's insane that $16/hr isn't the minimum wage in 2019, which should be paid for brainless jobs. To think a teller is earning under 20/hr is crazy to me.
 

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Higher incomes will drive up the cost of living. It's not the only factor but it is a factor.




Interesting spin. Never said they were. All I said was that they pushed for customers to get loans.




Unfortunately, you've misunderstood what I said and spun this false narrative.




Good for them. :ehh:

So basically, if educated middle class people make a lot of money, they should spend over 90% of their paycheck on bills alone and nothing else? Its like god be damned if you make 60k per year and pay less than 8k a year on rent. Can't leave money on the table, because that promotes laziness and non obediant workers who will "overheat" the econony by spending and saving a good amount :troll:
 

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So basically, if educated middle class people make a lot of money, they should spend over 90% of their paycheck on bills alone and nothing else? Its like god be damned if you make 60k per year and pay less than 8k a year on rent. Can't leave money on the table, because that promotes laziness and non obediant workers who will "overheat" the econony by spending and saving a good amount :troll:

If that's what you want, then go for it. :hubie:
 

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its worth noting that businesses cant pay employees like the government does. because if they did, they would go bankrupt

a business cant go 80 billion in debt to pay its employees like, say, an NYC

Lots of businesses go deep into debt, and lots of governments aren't allowed to go into debt. It's not a strict divide like you're making it.

Just like the government, a business can continue going into debt so long as it can continue to garner revenue to cover its debts. Just like a business, a government goes bankrupt when it can't cover payments on its debts anymore, not just because it went into debt.
 

the cac mamba

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Lots of businesses go deep into debt, and lots of governments aren't allowed to go into debt. It's not a strict divide like you're making it.

Just like the government, a business can continue going into debt so long as it can continue to garner revenue to cover its debts. Just like a business, a government goes bankrupt when it can't cover payments on its debts anymore, not just because it went into debt.
:comeon:
 

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I can't help it if your talking points don't align completely with reality. :yeshrug:

There are municipalities which aren't legally allowed to hold onto long-term debt - they are required to balance their budgets every year. There are businesses that run debt almost perpetually. Amazon didn't turn a profit for what, 10 years after it started? Uber is saying they may never turn a profit ever. The entire airline industry has posted net negative receipts since its founding. In every case, the ability to avoid bankruptcy is not determined by the size of the deficits you run, but by your ability to secure the funding to cover the debt payments on a year-to-year basis.

The S-1 filing underscores Uber’s rapid growth in the last three years but also how a string of public scandals and increased competition from rivals have weighed on its plans to attract and retain riders.

The disclosure also highlighted how far Uber remains from turning a profit, with the company cautioning it expects operating expenses to “increase significantly in the foreseeable future” and it “may not achieve profitability.”

Uber lost $3.03 billion in 2018 from operations.

You said a business can't go billions into debt to pay its employees, right?
 

the cac mamba

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I can't help it if your talking points don't align completely with reality. :yeshrug:

There are municipalities which aren't legally allowed to hold onto long-term debt - they are required to balance their budgets every year. There are businesses that run debt almost perpetually. Amazon didn't turn a profit for what, 10 years after it started? Uber is saying they may never turn a profit ever. The entire airline industry has posted net negative receipts since it's founding. In every case, the ability to avoid bankruptcy is not determined by the size of the deficits you run, but by your ability to secure the funding to cover the debt payments on a year-to-year basis.
fine, but uber isnt getting its money by extorting citizens with taxes and spending their money irresponsibly

bad faith post :scusthov:
 

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To think people on this website would side with the turbo CAC Jamie Dimon who definitely says the N word with a hard R, and is the fukking CEO of Jp whatever is nuts. This dude made 30 million in 2017. What the fukk does he know about living on a take home of like 18k? It's insane that $16/hr isn't the minimum wage in 2019, which should be paid for brainless jobs. To think a teller is earning under 20/hr is crazy to me.
Turbo cac:mjlol:
 

the cac mamba

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To think people on this website would side with the turbo CAC Jamie Dimon who definitely says the N word with a hard R, and is the fukking CEO of Jp whatever is nuts. This dude made 30 million in 2017. What the fukk does he know about living on a take home of like 18k? It's insane that $16/hr isn't the minimum wage in 2019, which should be paid for brainless jobs. To think a teller is earning under 20/hr is crazy to me.
no one is siding with that cocksucker. since his company beats minimum wage by almost 50 percent, its not solving anything to single out his company :yeshrug: workers are fighting for 15, and he pays 16
 
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