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Jamie Dimon says we’ve split the US economy, leaving the poor behind
CNBC ^ | Hugh Son

Posted on 03/18/2019 1:31:04 PM PDT by RoosterRedux

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To: RoosterRedux

There are plenty of jobs available for anyone who wants to work and get out of poverty.


41 posted on 03/18/2019 1:49:04 PM PDT by Innovative
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To: RoosterRedux

One is forced to conclude that our parents and grandparents must have been financial wizards then, to have purchased homes and cars, paid off mortgages, raised families, put kids thru college, and even set a little aside, all while working modest income jobs (and usually only one paycheck).

These people who can’t afford a $400 repair bill, what model smartphone and how many cable channels do they have? Just curious.


42 posted on 03/18/2019 1:50:10 PM PDT by bigbob (Trust Trump. Trust the Plan.)
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To: JPJones

A healthy childless white male cannot walk into a welfare office and get one cent from FedGov or the state. They will tell you that to your face.


43 posted on 03/18/2019 1:52:21 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: RoosterRedux

I laugh out loud when I see these Putzes talk about “poor people.” Jamie Dimon could give a hoot about poor people. Other than they are the folks that vacuum the house in the Hampton’s.

I am all for people making tons of money. I am happy for Jamie Dimon, being able to to make tons of money. But don’t piss down my back and tell me its raining.


44 posted on 03/18/2019 1:52:29 PM PDT by Vermont Lt (If we get Medicare for all, will we have to show IDs for service? Why?)
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To: RoosterRedux

When, in the course of history, have the poor not been left behind? It’s a literal cause/effect of being poor.

The cool thing about America is that you do not HAVE to be poor.


45 posted on 03/18/2019 1:54:25 PM PDT by Noamie
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To: RoosterRedux
...under-served communities

WTF is that? Over $4 trillion spent on the poor since the War on Poverty started and yet, there are more "poor" people now than ever before. Wonder if it's because the gov't runs the program? The gov't has a boatload of $600 hammers because there is no reason for them to be efficient. Indeed, to the extent that your prestige in DC depends upon the size of your budget, they have every reason NOT to be efficient.

As of today, there are more unfilled jobs than there are unemployed people. True, there's a mismatch in skill sets for many of them, but some of the poor need to get off their butts and start working or lose their benefits. A lady in WI called in on a Chicago radio show and said she gets about $37,500 in assistance each year and figures she'd need to find a job paying over $24/hour to just break even, and that includes 40 hours of work which she doesn't do now. Time to start cutting benefits, methinks.

46 posted on 03/18/2019 1:54:28 PM PDT by econjack
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To: RoosterRedux

Left the lazy behind.


47 posted on 03/18/2019 1:54:33 PM PDT by Sedona13
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To: RoosterRedux

So I will only give my employees a 2% raise and give lip service to those who don’t work and then enjoy my multi million $ bonus guilt free.


48 posted on 03/18/2019 1:56:30 PM PDT by dgbrown
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To: econjack
As of today, there are more unfilled jobs than there are unemployed people.

Just shows wages are still too low.

49 posted on 03/18/2019 1:56:49 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: RoosterRedux
Extra EBT bucks for the slaves. That will ease your guilt.

Jamie.....What man goes by the name "Jamie"?

50 posted on 03/18/2019 1:58:14 PM PDT by blackdog
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To: RoosterRedux
Says one of the architects of our economy.
51 posted on 03/18/2019 1:58:16 PM PDT by Mouton (The media is the enemy of the people.)
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To: RoosterRedux; All

“Fifteen percent of Americans make minimum wages, 70,000 die from opioids, annually.”

What does one have to do with the other? What is the point trying to be made here?


52 posted on 03/18/2019 1:58:18 PM PDT by Diana in Wisconsin ( "Why can't you be more like Lloyd Braun?")
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To: dgbrown

When I hear about Bill Gates and all the money he has accrued all I can think of is why didn’t his employees share in the bonanza? You know the people who actually do the work?


53 posted on 03/18/2019 1:59:10 PM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: RoosterRedux

Whenever the economy is going well and the dems are not in charge, it is always the same. “The poor are being left behind.”

But notice during the Obama years when everyone was being left behind, there was no mention of it. Oh no, all was peachy.


54 posted on 03/18/2019 2:00:20 PM PDT by FlipWilson
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To: central_va

Unless they were indentured servants, I assume the MS grunts were at liberty to take that success knowledge and make their way elsewhere.


55 posted on 03/18/2019 2:02:07 PM PDT by nascarnation
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To: shelterguy
“Forty percent of Americans make less than $15 an hour. Forty percent of Americans can’t afford a $400 bill,! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Sounds like forty per cent of the people need to get off their ass and work harder or forever be poor.


56 posted on 03/18/2019 2:02:54 PM PDT by Grampa Dave (After JussieÂ’s fake hate crime, hate crime fakers arenÂ’t taken seriously for even 1 minute now!)
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To: RoosterRedux

“Forty percent of Americans make less than $15 an hour. Forty percent of Americans can’t afford a $400 bill, whether it’s medical or fixing their car. Fifteen percent of Americans make minimum wages, 70,000 die from opioids” annually.

And, effing what?

That is their problem.

No one said you couldn’t aspire to more.

Explain to me what poor in America really means anyway.

Did they have to chop wood today so they could cook their food?

Do they not live close enough to a grocery store? 7-11? Liquor store or Bodega where they sell food?

Do they not have access to free medical care?

No access to public transportation?


57 posted on 03/18/2019 2:03:10 PM PDT by Vendome (I've Gotta Be Me https://www.youtube.com/watch?v=BB0ndRzaz2o)
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To: Red Badger

Liberals deny how their policies CREATED this.

If you think the poor are hurt by automation and outsourcing, you don’t being in MORE POOR from other countries to compete for the few remaining jobs, pulling down their wages.

If you think that automation and outsourcing are eroding the job base, you don’t raise the minimum wage to incentivize more of both.


58 posted on 03/18/2019 2:04:17 PM PDT by tbw2
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To: RoosterRedux
I wonder how many posters on this thread have considered the degree to which their comments run counter to the message which led to Donald Trump's victory?


59 posted on 03/18/2019 2:04:36 PM PDT by nathanbedford (attack, repeat, attack! Bull Halsey)
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To: RoosterRedux
“Forty percent of Americans make less than $15 an hour.

How many of those Americans are actually working and not receiving govt. assistance of some sort?

60 posted on 03/18/2019 2:05:29 PM PDT by Hot Tabasco (ui)
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