Corporate Profits Are Way Up
- Thread starter wvkeeper(HN)
- Start date
his typical reply: wasn't as good as 2011. obama wins again!
Believe it or not shady dealings and breaking the law have nothing to do with the current economy. This is an apple, this is an orange.
oh, so you're different than typical libs . . . you suck one fewer dick a day than the rest. PSA: you're still a cocksucker.
I am not a democrat have spelled that out many times. The only one sucking dick is your wife on the streets of Mingo County for a hit of heroin.
didn't call you a dem, called you a lib. difference.
nice pee wee herman moment you had there. bet you're proud.
Tell that to the 50 employees in Allentown your company just laid-off and the branch in Virginia you closed within the last day.
Winning!
I know you’re baiting me, but my company is very sensitive to the well-being of our associates and we handle these things extremely well, in my opinion.
We have actually lagged behind other banks in branch closures over the last 5 to 10 years. But the reality is you have to close branches. With electronic banking, there isn’t a need for brick and mortar banks like there used to be. But when we do close a branch, we usually have another job placement for every single employee. It’s a little harder with operation facilities, but they always get first dibs on open positions as well. Or, they are given more than generous retirement packages if they are able to retire.
Also, when we know there is a closure coming, we place a temporary hiring freeze in the region so that those employees affected by the closure will be able to find jobs with the bank if they want one. We will generally not hire outside the company for a certain time frame if we know something like this is coming. So natural attrition generally allows us to eliminate positions when we have to , but not people... or at least as few as possible.
Right now, Pennsylvania is seeing a lot of changes because we just acquired two banks in that area.
Isn’t J.P. Morgan on a branch opening binge right now. If I remember correctly Dimon said they would be opening thousands of branches a year or two ago......
Yes, J.P. Morgan Chase is growing substantially, which is great, if they happen to be a very large client of yours truly.
More good news......
https://www.usatoday.com/story/money/economy/2018/01/01/economy-bust-out-2018/988606001/
We are around 4% unemployment now. Economist consider this to be full employment. This is good for wages as it can create greater competition for the available pool of labor. There comes a point where job growth can slow do to lack of available labor. One solution is to entice people who have left the labor force to re enter. Higher wages will help some but not completely. Increasing hours for workers already employed may also help. This is one reason why those who are worried about immigration should chill. Securing our border will not keep us from allowing qualified people to find their way to the US. Everyone knows that with a birth rate of 2.1 we are barely maintain our country. Sit back and enjoy the ride for now. Our biggest issue now is not jobs but the national debt.
https://www.usatoday.com/story/money/economy/2018/01/01/economy-bust-out-2018/988606001/
We are around 4% unemployment now. Economist consider this to be full employment. This is good for wages as it can create greater competition for the available pool of labor. There comes a point where job growth can slow do to lack of available labor. One solution is to entice people who have left the labor force to re enter. Higher wages will help some but not completely. Increasing hours for workers already employed may also help. This is one reason why those who are worried about immigration should chill. Securing our border will not keep us from allowing qualified people to find their way to the US. Everyone knows that with a birth rate of 2.1 we are barely maintain our country. Sit back and enjoy the ride for now. Our biggest issue now is not jobs but the national debt.
Median CEO pay for the 100 largest companies reached a record $15.7 million in 2017
CEO-to-worker pay ratio 235-to-one,
FOOLS ENJOY THAT $1.20 WEEK TAX CUT (FOR NOW) - RATES WILL SKYROCKET IN 4 YRS
https://www.washingtonpost.com/news...7-million-in-2017/?nid&utm_term=.61385033dfca
CEO-to-worker pay ratio 235-to-one,
FOOLS ENJOY THAT $1.20 WEEK TAX CUT (FOR NOW) - RATES WILL SKYROCKET IN 4 YRS
https://www.washingtonpost.com/news...7-million-in-2017/?nid&utm_term=.61385033dfca
The 50 who lost their jobs weren't working in any branches.
I am sure they will be glad to hear that your bank sees a bright future in the economy, is finding jobs for those who lose positions at the branches that are closed, yet have nothing going on for them. Maybe you can tell them when they are in the bread line.
I never said they were. Geez...for a man who preaches reading comprehension like you do, you sure lack it yourself on many occasions (another mulligan, I’m sure).
I’ll help you. In the second paragraph I mentioned operation facilities...which is where the 50 jobs that got eliminated came from. That was a completely separate statement from my branch closure comments.
But look on the bright side. I might be able to get you a good cash counter for your side hustle.
Oh, I read it correctly. You wrote four paragraphs. Only two sentences in those four paragraphs dealt with the 50 who lost their jobs. The rest you just discussed how noble your company was when dealing with bank closures. It was a corporate, political answer that glazed over the truth.
Be sure to tell those 50 how well you treat employees from branch closures and how well your company predicts the economy moving forward. I am sure it will help them metaphorically put food on the table for their children.
But those growth rates will not offset the deficits, which will "increase rapidly this year and over the next few years," then stabilize, resulting in a projected cumulative deficit of $11.7 trillion for 2018-2027, CBO forecast.
The analysis "confirms that major damage was done" by the new tax law and the spending bill, said Michael Peterson, head of the nonpartisan Peter G. Peterson Foundation.
https://mobile.reuters.com/article/amp/idUSKBN1HG2RW
The analysis "confirms that major damage was done" by the new tax law and the spending bill, said Michael Peterson, head of the nonpartisan Peter G. Peterson Foundation.
https://mobile.reuters.com/article/amp/idUSKBN1HG2RW
Wait, weren't you libs telling the coal miners that their day was over and Hillary was just telling the truth? Now, you are on here talking about a bank closing brick and mortar stores.
Hypocrites...once again.
So basically, on track with Obama's 9.3 Trillion dollar increase over his eight years as POTUS.
No, you didn’t read it correctly at all. I started off talking about branch closures. Then, I mentioned how closing operation facilities was a little different. Then, I made a comment about closures (of any kind) in general and how we handle it internally.
So, again, you need better reading comprehension.
They may be. I don’t know. But most larger banks are closing branches in big numbers.
And Chase has the best business credit card out there and one of the best personal cards out there.
Yes, so you still had two sentences focused on the 50 laid-off (operations) with another 3.5 paragraphs about other topics. My reading comprehension is fine. Your ability to count to two isn't up to par, banker.
