Exactly. Not one of the Chase lobbyists was expecting this. Not at all. Jamie Dimon should have KNOWN the answer. I would recommend anyone out there employed at or banking with Chase please watch this and start asking questions about real-life situations like that brought up by Ms. Porter.
Yooooo these freshman congresspeople are no joke...they did not come to play! She is a beast! 🙌🏾 I love seeing this...this gives me a sliver of hope for us all.
Should employees get paid livable wages...? YES. but I don't agree with putting the CEO on the spotlight and questioning him for the choices and life decisions of his employees. Where is the father? Why is she a single mother?
Marvel Universe maybe she made bad decisions in high school, without anyone who had taught her the real consequences of those decisions. Maybe she had a husband, but he died in a car crash.
It is chilling to see a congresswoman from a nearby town to mine, standing up to these CEOs and showing them what we are living through. I worked in a minimum wage job from 2017 until this past January, and it was a struggle. I lived with my parents until April, and I was 26 in May. It’s a damned shame what these CEO’s make.
When a rich man falls on hard times he loses one summer home, a yacht or a extra servant / house cleaner. when a regular Joe falls he lose the roof over his head and gains an overpass as a roof over his head.
@MrBavarian5150 Bullocks! The socialist counrtys of south America are marching north twords our boarders to escape what you wish to see here... Move there instead.. We will gladly trade every socialist Democratic party member for every migrant who wants to flee it! #ByFalicia
It's best to make your own research on what the presidential candidates offer and their 'promises' for the people of the country, rather than hearing it from other peoples mouths or just going with what the most common media says. That way you can build your opinion on the candidates without any bias in the way, not by going to popular news sites (ngl the few times I've seen Fox News I felt my IQ level drop, until I changed the channel was it that it went back to normal) but actually digging around, reading from varied (but credible) sources Like watching every candidates discussions, not just the ones with all of them in bulk but just them alone, interviews, and so on
Sorry to say this, but it is easy for the average American to surpass the intellectual level of the present occupant in the W.H. Katie is way over qualified in many ways.
This is a shining example as to why term limits to congress is so important. We need people in congress who are actually in touch with reality. There are members of congress who have been in office for so long, made so much money, and haven't a clue about the struggles we face every day, Term limits will change all that.
Or like in my state of South Carolina they are all families of privilege most of the time. We called them the good old boys network system people that try to keep people down in them up.
O.K., so you elect a competent person, they get a lot done, and then __?__ gets elected in their place? Better? Worse? There already are term limits for those serving their constituents poorly; they're called elections!
@@snowygirl131 The problem lies in the fact that people get out of touch with reality after they've been in congress for so long. Lobbyists and special interest groups bribe them with so much money, they become blind to the needs of the people they're supposed to represent. Yes, there are elections, but when lobbyists get someone in their pocket, they want to keep them there, so unlimited amounts of money go into reelection campaigns. The saying holds true: Power corrupts; absolute power corrupts absolutely. This is why there's term limits on the presidency. There should also be term limits for congress. That way, nobody gains excessive power.
It's not just the they're in touch with reality, but we need new ideas, because we deal with new problems with the same old ideas. Most times that just doesn't work.
@@FastEddy1959 What exact supermen set of skills does that CEO Jamie Dimon has that he is paid $31 million? It's only because he is prepared to cut on workers' benefits packages and to keep overall workforce costs low...bottom line or profits are the only measure of success, which is crazy; we get non-functional, sick society, with extremely rich people, and with families strugling to survive; case in point is that 75% of Americans live paycheck to paycheck, and that 40% of Americans can't cover $400 surprise expense (like go to a doctor or fix a car). People get depressed, sick, turn to drugs and alcohol, or have to work 2 or 3 jobs just to survive from paycheck to paycheck. And with student loans, it is getting harder and harder... That is the reason why Bernie Sanders will be next president.
Not really. The real issue is the 1600.00 a month rent in CA. In most states she could buy a 200,000 3000sqr ft house w her mortage being less than 1600.00.
the dude gas is much cheaper in Kansas, car payments are much cheaper in Kansas, and when there has to be repairs done here in California, the tax is much more than what it might be in Kansas
@@jordancuriel4531 kansas property taxes rival that of california. Alot of people dont believe in car payments around here. There are no car inspections here, so if the check engine light annoys you just remove the light . You could also put a piece of black electrical tape over the light.
Nope. Too soon. Plus her kids...look for her around 2028 or 2032. Plus by then she'll have a record that will hopefully bolster her chances of being nominated.
I love you Katie. Keep doing what you're doing. You are a true champion for the working class. God bless you. You are fighting to hold on to the integrity of the America that so many have died to protect.
@MrBavarian5150 She represents an incredibly large amount of the American population. You'd have to be delusional to refuse to see that most Americans aren't paid fairly and that most of them suffer because of it.
@MrBavarian5150 i hope you one day know poverty! Then when the tables are turned will you feel that way! You sound heartless we all deserve food, heath care, and homes! Soooo yeah i hope one day you feel some empathy but it's impossible for sociopaths!!
I am sorry to say that I would have to disagree with your on that as if this was the case then Americans would need to be installed with functional brains and this would be antagonistic to the trump state of affairs.
She knows this because as a single mother she had to learn how to make it on a limited salary. All of us should have been taught by example from our parents. This should be common knowledge.
LOVE this woman. How often can someone make a CEO speechless. She literally had him by the balls, and could have made it worse for him, but she moved on. Smart woman.
Speechless isn't be same as dumbfounded. By his body language, he indicates his low-level assessment of her/his grasp of reality. Has your Katie actually had a real job? Didn't think so.
@@tigergreg8 Gee tiger, I've actually had a real job & worked hard to be successful. That's why I can call out a socialist masquerading as a capitalist. I've owned & run several very successful businesses. I understand how things work, & how Marxism is the enemy of capitalism. I can spot a phony a mile away.
Interesting response "I've had a real job"...I have had a real job...once or previously, but not now, I was an employee but no longer am... Just my first thoughts based on language but I reserve opinion until the question is answered
@@tonis5140 If you're speaking to me Toni, I'm a Pharmacist, brought a story I was working in, managed to please my case to get a loan to buy the story & get extra to remodel & add new computers to enhance service. Turned a moderately good story into a better business, & after some years, started another outlet which also did well & after 24 years of solid work, sold to chain story & retired. Now I do volunteer work & consilt young prospective businesspeople & help them get started.
Cheryl Barnes Look up the video where her, AOC, and the rest of the Squad grilled DeJoy, the new Postmaster General about all his crap with the USPS since he took over in July. Oh my Gosh it was hilarious....and you could see the steam coming off of him about being questioned by “Mere Women”
The textbook she is holding up...she wrote it! She knows her subject very well. Her first textbook taught in colleges wrote with Elizabeth Warren and I belive 3 others. She was a law professor.
Why is it that, whenever I see this lady on youtube, I end up rewatching all of the videos of her making fools out of these yo yos? Porter for pres. 2024
Now wait for someone to tell you that if you want better pay, you should look for a better job. Even though many of the lowest paying jobs are the ones that are necessary to keep companies in the black.
That mother should have thought about leeping her legs closed and getting grades and diplomas etc so she can get a better paying job then ha e a child and not complain about struggling zzzzzz square humans
YouTriggered _ even a single person with no kids can’t live on most wages. But? Keep HER legs crossed? What about the father? And I’ve got news for you, I’m working on my third college degree and still can’t make a wage that I am worth. You have no idea what you’re talking about. Get educated, sweetheart.
She didn't even mention medical insurance, copays, deductibles, auto insurance, let alone other expenses. His employee is definitely not paid a living wage.
Moving out of California will save at least $1000/month in rent for an apartment, not a bedroom and $80/month in gasoline. Seriously California is for those that are suckers for paying waaay too much. For instance the LA Times covered a story where LA county paid $700,000 for a 7,000 sqft porch for the homeless. That is $100 per sqft, or the same cost per sqft as a house built in a red state.
@@michaeldietz7038 main problem is that by moving to a way cheaper city also that 16.50$/h is going to drop in a very appropriate way to keep that same person is a very similar negative balance. the problem isnt that in that specific town/city workers/employees arent payed enough. the problem is that the system works perfectly to keep you enslaved where u are. the so much praised financial mobility of the US (talked by both republicans and almost most democrats) is just a big lie... they always refer to it as a thing, yet they never have to answer a singe question on it or explain how that mobility actually works or where it can be found.
Yah, and a 10% put cut to his salary could afford about 350 to 400 of those employees to get that extra money. It's crazy that these big beautiful pay checks ceos make are not made with the bottom wage in mind.
She lives and works in one of more expensive cities of Orange county. What she needs to do is move to a cheaper place or get a roommate. And that's not even favoring in where is the father?
@@lepke1979 For all we know, dead, missing, etc. Even then you're not guaranteed to find a cheaper place or find a suitable roommate. Because sidenote, once you grab a bad roommate, you're going to have a hard time kicking them out.
@@lepke1979 I don' think there are any inexpensive places to live in California anymore. One of the problems is that a place like say San Francisco with well paying jobs is so expensive to live in, that the people who work there move to cheaper cities and thus raise the rents there too. This prices out people with more modest incomes in the area. Even Sacramento, a pretty sleepy government town has an average apartment rental price of $1580.00 a month and two hours away commuting to San Francisco. San Francisco's average rent per month is $3683.00 per month. That means to just pay rent you must earn at least 23 dollars per hour, assuming a 40 hour work week, no unpaid time off and no taxes.
@@LosFace24 I used to live in her district. It would take a thousand gallons of blue paint, but I'm impressed that she got elected there. Maybe there is hope in OC.
@@lunaazule1899 I just hope being a former student of Elizabeth Warren she keeps up the good job shes doing. California need as many progressives to get rid of the corporate career dems and republicans
@@LosFace24 I just found out she's been a victim of domestic violence from her x. Now THAT's a women of substance and courage. I worry, however that fame will have her acting more like Melania Trump than herself in the future. Let's hope she stays real.
I closed my acct in 2013 and never looked back. Their business practices are inhumane and absurd. They have no desire to keep the average Joe as is proven in the maltreatment of their non-premier clientele.
@@lindsiwilliams9452 Just so you know I am a victim of Wells Fargo and because they are soooo big nobody would help me. They did FRAUD and now I am in trouble with the IRS for the first time in my life. All of it is because of Fraud dealing with a CAR!!! They are the DEVIL!!! Greedy Crooks. All of this is now affecting my health and my entire life in a major way because again I can't get any help
Love Ms Katie Porter. We really need more like her in Congress.. whether Rep or Dem.. it's a matter of what is MORALLY right as well as mathematically accurate. Mr Diamond could perhaps take a million dollars a year less and give all his workers a better wage. No one needs 31 million dollars a year to live on. And he can't take it with him when he dies...but he CAN leave a legacy of families that have been able to live a better life.
That's the problem. You say you need more people like her in Congress yet evetytime you can vote, you vote people who don't care about you. So who is the real problem here?
@@meghraj1998 CEO of a 2 trillion dollaf bank is worth 31 million as salary, suggesting a lower pay cut and distribute it to the lowest levels is socialist..
🤣🤣🤣 why isn't she looking into lowering cost of living instead of making a company raise pay, she should attack her fellow crappy coworkers in lowering taxes and getting rid of aid to people who don't need it, lower the cost of living by lowering taxes, not pay! You get more pay, you get charged more taxes! Idiots are the ones who don't see it. Shame on you.
Here's a real world math problem: A man earns $31,000,000 annually which breaks down to $14,903.85 per hour based on a 40 hour work week. He hires a female employee for $16.50 per hour which is $34,320 annually. (Skip taxes for simplicity.) Q: How can she live off of this wage? A: He doesn't care because in the time it took to say, "I don't know", he made half her annual salary.
A 16.50 hour job is for someone who is just entering the work force or who is single and has a roommate. When I realized I had to support myself in life I was very young probably below reproductive age my parents taught me this so I decided I would not get a woman pregnant primarily cause I knew I could not afford it. If I had been a woman I would have decided that I would not get pregnant cause I couldn't afford it. Currently I go to the bank each week and take out $100.00 a week I spend that on food, gas, and incidentals - tooth paste - toilet paper - medicine stuff I buy but not each week inexpensive stuff - I think some of her figures are to high such as food cost $ 400 a month - her budget is tight but the employer should not have to pay a person according to what their budget is they should rather have to find out that people will not work for that little amount of money but oh wait people will work for that amount and they are not American citizens and many willfully let them come into the country and then they work for that little amount and the employer continues to pay this little amount for that position.
@@jswarpaint6215 good for you. Imagine someone made a mistake or an accident happened. Now they have a child. Imagine someone has dietary restrictions, or their child does. $400 a month for food is $50 a week for the mother and child individually ~$2.3 a meal. Imagine she has more bills to pay like medical, car payments, student loans, child care, etc. We all know entry level jobs should be for the people you're describing, with a clear path upwards. The issue is these folks in sticky situations live under the poverty line and are stuck at this entry position. While a CEO nets 30 million...it's unsustainable and stifles the economy.
Just think about it this way. In 3 hours, he would have paid her $44,711.55. A pay rise and great help for her, and nothing to him. (You might also consider he hires a man...#mentoo).
@JHeints - I agree if you don't make alot of money you gotta make cheaper decisions if what you said is true that's 800$ in her pocket and she'd have 233$ instead of -567$ that was a poor example although I see where she's going
@@manaspradhan8041 no I agree but as I said the apartment choice was poor in fact imo having a kid when you know your financial situation is a bad idea as well at some point we have to take some kind of responsibility but working for that guy should probably pay more
@@BIGNASTY1234556 wait where did you guys get appartments for around 800? I searched on apartments.com and apart from a single apartment costing 995, everything else was 1425 and up. Same for apartmentguide.com a couple apartments for 1000 and everything else is around13-1400 and upwards. Where did the other commenter get more than 500 apartments under 800?
The more people like this we elect, the more people will be inspired to emulate them. Honest people hesitate to go into a profession with a reputation for corruption, but if there is an opportunity to root it out, it will be a more honorable aspiration.
@@gabeg3433 Please tell me, Gabe, why you think their balance sheets 'can't absorb' a raise that puts their employees on an equal footing with their parents' - or grandparents' - wages a generation or more ago? They certainly seem to have been able to absorb _enormous_ increases in top-level pay, and for shareholders. Why does that largesse not extend to rank and file workers, without whom it could not happen? It seems obvious that they could indeed afford to spread the profits around. clothingmadeinusablog.files.wordpress.com/2013/03/graph-income1.gif?w=655 The benefit of increasing low-to-middle echelon wages is that the money becomes disposable income for workers, causing the local economy to rise rather than remain stagnant or spiral downwards.
Those are entry level jobs, that require a high school education, if she wants to make more money go to school study something that will offer a better salary.
This is what proper representation of your people looks like. Someone clone Ms Porter and send two to each state in the USA to replace the senators we now have but don't deserve.
@@alicelane5263 Completely agree. Why Porter is effective is that she is new to office (a freshman); hence, still connected to the people and not jaded or influenced after being in Congress for 20 years. This is why I support term limits. Not everyone stays true after given access to power and influence. Yes, we can reelect people as a check on that, but that limits fresh ideas and energy from entering like Porter.
WE; We need to be more like Katie Porter. Why find someone else when WE should step up? Unfortunately, I only have just so many hours with these two hands of mine. The best I can do is volunteer with the Registrar of Voters as often as I can.
@@karanbirsinghbhullar they wil hardly be bankrupt by paying a fair wage. Does Mr.Daimond need 31million dollars a year? You tell me . They're making record profits so be real with your comments sir.
Karanbir Singh Bhullar bankrupt in a month? For providing a livable wage? Honey, you clearly don’t understand what you’re talking about. The man has 31 million coming in each year. A $5 pay increase to their wage, if you watched the entire video and didn’t stop at the $500 extra a month, wouldn’t be so detrimental. Why does a CEO need to have 31 million, while his base employees are literally living in debt, hardly able to make ends meet? It makes no sense. Yes of course he should make more than his employees! But to make 31 million more? That’s quite excessive, and is clearly not about taking care of its employees.
She uses perfectly reasonable numbers and statistics to help bring this overpaid big wig back down to how normal people have to work in the world. Beautifully done!
It didn't bring him back down to Earth, mate. I guarantee that he stopped listening, you can actually see the point he switches his brain off and resorts to 'id have to think about it' as his default answer. There is one way for these rich people to realise how lucky they are, the movie Changing Places with Dan Akroyd and Eddie Murphy, that situation is something that I think all multi millionaires that pay their employees a substandard wage should have to experience.
Talking about it and calling people like this CEO out will not change anything. The only way would be for people to unite and boycott companies with unfair practices, but unfortunately we have not shown to care enough for one another in order to do something like that in this country.
He’s not stupid. His entire philosophy when it comes to front line workers is “the law of substitution”. He is fine with thinking this employee is easily replaceable. If you pressed him when the cameras aren’t rolling, he’d say “$16.50 is what we believe the fair market pay rate for that role. And if she is unable to make ends meet then we encourage her to either apply for a higher paying position within the bank, or pursue another career path.” I guarantee you that is exactly what he’s thinking.
That is how he thinks about replacing bank customers. I waited for two hours on the phone to speak to a representative that could not answer my question. All that happened was i was connected to being put on hold as if that was an effective way of using our time. I lived a five minute drive from the closest branch! LOL.
You are right KC. If the job he's talking about requires SOME skills, but there are many people that could do the same job well & would take that wage, why the Frick would he pay ANY more? It is what America was built on. FREE ENTERPRISE. if you desire to live a better life, to make more money, acquire a skill that sets you apart, that causes an employer to pay you more, because of what you do. Or start your own business. It's been done millions of times in America. This is not rocket science. In America, hard focused work has its rewards.
Dan Price, CEO of Gravity Payments reduced his salary to $70,000 so that he could pay all of his employees that as a base salary and it hasn't hurt his business at all. If he can do it, others can.
@@darkopz for one, not all chase employees are at starting lvl making minimum wage. Only about 22k. If you seriously think that every single employee of chase makes minimum wage you are kidding yourself. What Rep. Porter is looking to help the bottom rung of a huge company that make billions in profits every yr.
@@cirrustate8674 and $16.50 isnt good pay for ENTRY LEVEL work? Thats fantastic pay i worked my way up from $8 to just accepting a new job yesterday paying $14.50, the real question is why that "single mom" has to pay $1,600/m for a one bedroom she needs to move to a better state
I wish people would stop using the term single mother to describe divorced mothers. A single mother is single. Never married and she SINGLE handley manages her kid/s. What you do when you use the term "single mom" and you are divorced, is you minimize a real single mother.
@@laurel1865 bought my house, single handedly...got my BS, my MA, my license, my doc - single handedly...saving college tuition for my child, single handedly....am divorced, BUT NEVER married my child's father, NOR did her father ever support me...is that enough for me to call myself a single mother and not demean your title?
@@laurel1865 It is a matter of perspective. The circumstance of a woman. If she is single or whether she was married and now divorce if she is taking care of a child or two on her own and have no other support system but working then she is single be she married or not. It's a matter of perspective if you don't think of yourself as a single mom that way so be it but the point is if you are raising a child or two on your own and no other health and making less than the cost of living you are a,single woman.
Don't get hung up on the "single" issue. If she's a woman & making such-and-such how does she survive? Great question because I've been working for the City for 15 years & don't make $16/hr! Guess I'm just glad I'm not in California?? How do I survive? ...I never see a doctor, take a class, raise my hand...soon I'll be dead & safe!
I worked for chase for years, they also expect you to work 24/7, but don't forget to balance your work/life, as if it were your fault that you can't. Excellent job Congresswoman!
@@jasonpatterson8091 To gross £29,000 per year you would have to work every day of the year for 7 hours per day or 9 to ten hours per day Mon - Friday to squeeze in the 49 hours per week you'd need to do !!. $11.50 per hour . Don't forget she has a child and they need as much as an adult does without the ability to earn !!
Thats the part the bothers me the most. That expectation to spend your life at work. On the other hand, if your child becomes a delinquent, you will be told how neglecting you are as a parent, by the same people that are telling you to spend your life at work if you want to make a living.
A single, recent high school grad still living at home could live there on $16.50/hour. I'm sure Chase has some very good, non-entry level jobs in Irvine.
@@vamppanic Because I want people to succeed. And I understand that the minimum wage is zero. The real value of your first job is skills development and networking so you can get that second, better job and so on.
Yeah, not really. Irvine is extremely expensive to live in. You need to be making approximately $60k a year to be comfortable renting a room to live in Irvine without kids. This hypothetical worker would most likely be commuting in from a neighboring city that is a lot cheaper such as Tustin, Santa Ana, Corona, or Riverside; I as an Irvine resident would tell this hypothetical worker that that don’t make nearly enough money to reside in Irvine if they are trying to rent their own apartment. Unfortunately there are expensive places to live in around the US such as San Francisco, Beverly Hills, New York City, Los Angeles, San Diego, etc. What’s not mentioned, nor would Jamie Dimon know, is that the vast majority of apartment communities and available in Irvine are controlled by a single organization called the Irvine Company and all of their apartments are expensive no matter the apartment community you choose. If Katie’s true concern was single mothers and being able to provide affordable housing for Irvine single mothers then she would be working with the Irvine Company to put in low income housing around the city, once done though she could kiss the rest of her political career goodbye in Irvine as people with multi-million dollar homes don’t want to have their home next to cheap public housing. Nothing is stopping this hypothetical worker from taking any other employment with another company if the pay is not good enough with Chase. Maybe the hypothetical worker should have had a better plan and made sure they were financially secure before deciding to have children. The real-life tellers at Chase or other banks in Irvine are working part-time while going to college full time. They most likely don’t reside in Irvine and instead commute from a neighboring city in addition to living with either their parents or renting a room with friends. Jamie Dimon’s salary is irrelevant in the matter, but Katie Porter needs an economics lesson regarding supply and demand to understand why even though housing is so expensive in her district people are willing accept low wage jobs.
@@Nicecrispies Every stereotypical question. Get out of here with that propagative bs. That line is only used to keep the average workers wages down, and to prevent them from raising a family.
Kris Carlson keep thinking a politician is coming to save you and let me know how that works out. I’ll have my head down working my butt off and making my own future.
I can answer all of these questions. The job pays this amount. She has the option of not taking it. She has the option of taking it, working hard and hoping for a raise. She could live with a roommate. She could move locations. She could live with her parents. She should not have had that kid. And should she get paid enough to afford two kids? 3 kids? 3 kids in daycare? What if she needs to take care of her parents? How much of this woman's problems is her employer's responsibility?
@@tal_the_great How dare you suggest she should try any of those things? You probably think that just because they work for, and are methods routinely employed by people all over the world, that this poor victimized single mother be forced to employ them as well. Shame on you!! /points SHAME!!!!!
Wow. It’s so good to see a congresswoman taking this on with companies like that. It’s very gracious to say that Jamie Diamond “couldn’t find it.” He didn’t want to find the answer of paying more. That’s the cruelty.
YES. Financial transparency is so important. I don’t understand why a proudly capitalist society doesn’t want to talk openly about money, claiming it’s too “personal”.
It's one of the ways to keep the broken system working. It's much better for the system to have people living in nice house and driving nice cars just to keep up appearances even though they had to get into debt up to their neck in debt to achieve that illusion.
He didn't claim it was too personal, just that her question was out of left field and irrelevant. Communist propaganda is the epitome of hating the rich because they are rich.
$6000 is what she needs for a no debt and no savings life. As a % of his $31,000,000.00 he would have to sacrifice .0001945% or 1 ten-thousandth and 900 hundred-thousandths of a %. He makes 14,903 dollars an hour (40hr workweek 52 weeks) so 22 minutes out of his pay for the year would let his employee live. $14,000 an hour for 21 minutes is $6666.66 and I think that's a nice bonus.
@@Katie2986 Before Reagan congress had 90% high marginal tax rates that kicked in when profits reached a certain obscene amount. Then, if they invested some of the obscene amount in infrastructure which they also needed, they deducted that and ended up paying 37% while making profit, paying for the roads they needed for their 16 wheelers to ship their goods and the repairs to protect the car drivers who also paid for the roads but didn't tear it up. Those jobs caused GDP growth to average 5% a year and created a middle class. Trickle down is neoliberal feudalism aka an Oligarchy. The Libertarian Anarcho-Syndicalist Theocracy model is also the L.A.S.T. model for the American Experiment. It is also the model for last 5 GOP SCOTUS justices. Libertarian, Theocrats,(religious freedom..to discriminate) and connected in the syndicate of K Street aka Geppetto's Oligarchic Disseminators or G.O.D. DYK, God is 9.1% of the US GDP, tax free.
Even if he doesn't _require_ it, most employers look for it. Not to mention the fact that most Americans seek higher education regardless to try to _climb out_ of the debt and paycheck to paycheck they grew up in.
He can require anything he wants. Lol. It’s her choice to work for a bank like that... as mentioned by the Congresswoman, Bank of America has that same position at $20 and hour. The example lady should work that bank, this will solve that math problem. Congress woman was sneaky, also snuck in a child to make the sample more compelling. Math/numbers have no emotions, we should stop and think of choices in life. Americans go to schools and get into debt. Buy cars and get into debt (avg American car $500 a month). But houses they can’t afford ( that’s what happened in the last recession, also bankers got greedy). One point America should fix is be more stringent on student loans. And cap loans to a certain amount. If not it’s 2008 housing crisis all over again.
@@GabrielGonzalez-kb5by The point of the matter is to give a statistic for the average American home. The rate of single mothers in the US is in the rise, and often choice has nothing to do with the matter. You don't always get to _choose_ where you work. Coming from that income bracket I can tell you as a matter of fact that you have to apply to every single open position in your area and hope that you get a response. For every 10 applications you fill out you'll be lucky to get a single interview out of it despite years of experience and company loyalties across your career. When you post a comment like this it comes across loud and clear that you've never really been in the position being put forth by Congresswoman Porter.
RodriguezDeathDealer I differ, obviously. Becoming a father or mother is a very serious life changing choice. In being able to or know if you can provide for a child(ren) should be thought out very carefully... I am kinda am in this income range, I just don’t live in area where a one bedroom apartment in 1600 there about half of that... I’ve live below my means, have had side hustles, delayed becoming a parent, driven junk cars all of this know I can have a better future and bought several houses, invested in the market, real estate, etc. and my household income is on par with the median household income in America Which is... www.census.gov/library/stories/2018/09/highest-median-household-income-on-record.html Unfortunately the average American is uneducated in personal economics. Big coffee companies, big car companies, big banks, fast food restaurants, etc. all thrive cause Americans get into debt and live beyond their means. Very few things are beyond ones control, one just has to expect those days not hope there isn’t. Cos they’ll be those days. Life is full of choices, especially in this country. To succeed just make better ones then the average and you’ll be... above average.
Katie Porter is just the type of person we need in Congress. Love how she forces those in.power to understand what's going on with those who are not rich and powerful.
Chuck Berry here is just looking to get burned. Ms. Porter had to negotiate a lot of obstacles to get at this first rung...doing something for the people...and then she'll make deals & bargains & eventually...she's making $31 million dollars a year! (who am I kidding? She's a Woman!)...and who will be lobbying to bring down the cost of tariff-inflated priced Raman noodles?
The shortfall is much greater. There are also medical and dental bills. Clothing. School supplies. Extra childcare in summer months and school breaks. Cleaning supplies, paper goods and toiletries beyond the basic food budget. Postage. Tolls, registrations and insurance plus emmissions test fees.
If the problem is unsolvable while under stated, it is a much stronger point then if it is unsolvable but over stated. Suppose she had said all those things; Mr Diamond would have suggested she could send fewer letters or get less toiletries.
Dozo G - toilet paper, detergent, toothpaste, fem hygenie etc are not perks. Nor is summer full-time childcare, a huge expense for years when a parent works. Also, OTC meds, co-pays and deductibles for insured treatment.
@@sunshinelawfan7693 Read what I actually say. It is *not* MY opinion that any of these things are avoidable cost or perks. My point was that the argument is actually stronger if you under state it. Suppose I want to claim Mr Diamond is stupid. I could ask him to answer how much is the square root of 2. If he can't answer, I can call him not that smart, but some argument would arise. Some people might say it doesn't prove he is stupid. OR I could ask him how much is 1+1. If he can't answer that, many more people would agree he is stupid. If you start a negotiation with him about how high your new salary should be... Then by all means mention all costs that you actually expect.
That is so f^( stupid, get married and have a man help support your child. Ever think of that? My parents fought like dogs but they worked together to raise 11 children.
@@jopiet821 sorry to break it to ya kid, but not everyone is interested in getting married. Congresswoman Porter said single mother, one child. Not single mother, biological child out of wedlock. There could be several reasons a lone person is raising a child. We have instituted the concept of marriage as a union of two people that love one another, not as a business transaction. It seems that when women do approach marriage from financial concerns, they often get ridiculed as "gold digging whores", etc. Not a viable solution to the puzzle. Decent wage? Sounds fair for everyone, no ridicule required.
@@johnswanger8474 If you are anti-family you do not qualify for an elected position in any way, nor is anti-family sustainable in any way, sodomites, lespians how does that work in nature?
I'm sorry, this is a stupid question. Entry level jobs are not for single parents. Entry level jobs are for people just out of high school. If you are so poor at planning for your life, then there is no amount of help that will make you successful. We need Entry level jobs so high school grads can start on climbing the ladder.
@@crissd8283 if you are a single parent, you take what you can get. The single mother may have been a homemaker whose husband walked out on yhem or whose husband died. She may not have the experience needed to get a higher ranking job. He should not be making 31 million a year while any of his workers make so little. This was not the case pre 1980's. Before then, company leaders made more than the average worker, yes, but not exponentially more, as they do now. Corporations run this country now. They lobby and pay off government representatives to have laws passed that make it easier for them to exploit their workers. Some people suggest forming a union, which if they are able to do, could be helpful, however many of the large unions are corrupt,too, these days, and don't do much good for their members while raising dues constantly. The average worker is stuck with no representation.
@@michelehenne2477 If the husband walked out then he would be required to pay child support and spousal support so that should cover that shortage. If the husband died, that is rare and sad. They should have life insurance but there are programs that can certainly help during this time. I find it interesting that you seem to be mad at businesses for hiring lobbyists, but you are not mad at politicians for allowing lobbyists to manipulate government officials? The politicians are the ones that made this system, the businesses are just doing what the government set up. I find it interesting that he didn't bring up the high cost of living as the reason there was this short fall in her imaginary situation. Remember when people were demanding $15/hour for minimum to make all jobs a living wage. This job is $16.50 and isn't a living wage job? Why aren't people looking at the government creating a high cost of living via over bearing regulation and restrictions on construction vis permitting and zoning. I blame the government for these problems, after all, they are responsible for this inflation.
@@crissd8283 as I said earlier, you seem incredibly sheltered. Men walk out quite often and don't look back. Women sometimes do it to. Some men refuse to pay child support or do work for which they are paid in cash so that the amount they claim, from which any child support would be taken, is minimal. It is disgusting. Many times, they move on and start a new family, leaving the mother of their original children to fend for herself. A friend of mine married her only high school boyfriend. Her grandmother was her legal guardian, as her father was in prison and her birth mom was MIA. Her grandmother was very strict and only let her date the one guy. They married when my friend graduated high school. She didn't want children, her husband knew this. He poked holes in his condoms. She got pregnant. A couple of years later, he did it again. He didn't inform her of his actions until years later. She settled for being a housewife and mother, the role her grandmother pushed. When her boys were 5 and 7, her husband decided he no longer wanted a family. He left and began partying and doing drugs with his friends and couch surfing. She was left with rent, car payments, and all of the rest of the bills and had no job. Her husband claimed no income, so there was no way to get any money from him. This was 8 years ago. She is doing a bit better now, but it has been a long road. Her ex husband is still a deadbeat and is in and out of jail. She struggles to make ends meet, but does her best to provide for her children. Sadly, her story is a common occurrence. There are a few programs to help, but some stop when the child or children are 5 years of age. This is a rural area, so jobs are not plentiful, and if you do not have a vehicle, you have a very difficult time getting to your job. They don't pay well either. Public transportation is non existent here, so that is not an option either.
"Should she take out a credit card and run a deficit?" correct answer: No. His answer: "I don't know.. I have to think about it.." His answer in his head: "DUH. That's how I make money. _ka-ching_ "
@@canishaj49 A lot of his employees are heavy into 6 figures and quite a few at 7. But sure, let's get rid of entry level jobs. Here's a tip...the actual minimum wage is zero.
Love her....there is a Japanese CEO who eats with his staff and takes no bonuses....perhaps this CEO needs a reality and humanity check. Capitalism gone mad.
Exactly capitalism is good for development but when capitalism gets concentrated and consolidated in the one top percent it becames a monster wich breeds stagnation and poverty
@@thunderforthrc7457 true...Capitalism and free markets propel economies forward ...the famous adage 'greed is good' applies but there are no real brakes...even with legislation.....the rules are broken everyday and white collar crime is rife... So it is a balance act....but any ' ism ' either extreme of the pendulum is no good and does not work.
But she and Lawrence are not thinking this through. To do the bare minimum which would still not solve the problem, it would cost the bank almost $1.3 billion per year not considering FICA Match or any other benefit increases.
@@randylarson7856 that's the banks problem. They spend billions on lobbyists. How about instead of spending money on making sure they don't have to pay their employees, they just pay their employees?
If he's like any of the people I've met over the years, he couldn't get to the answer of pay her more because he was too busy thinking, "Why can't she get rid of her cell phone? Why doesn't she get another job? Why is she a single mom? Why doesn't she take the bus? Why doesn't she get a cheaper apartment?" Etcetera, etcetera, etcetera...
@@darkopz I'm not sure if I understand what you typed so forgive me if I'm not on the right track or if I'm misunderstanding. Why would Dimon be taking a 0 salary? Dimon is paid 31 million a year, but that's actually only a portion of JP Morgan Chase's net worth, which is in the BILLIONS.
@@darkopz Thank you! I understand your point now and I agree. While I don't believe he should be paid such a large amount of money, I also don't think his pay is the only issue in this story. People getting paid just a little bit more if everything else (food, housing, education, gas) keeps skyrocketing as fast as it has been.
@@PurpleNiobe read through the short back and forth between you two and I have to agree with both sides. It's not that he's making $30mil a year. these days where companies are making record profits the works See's no benefits. It's a lay over from 2008 in many cases, companies got used to workers doing more for less out of desperation and want to continue despite the improving economy. It's really a sorry situation. Most of these multi billion dollar companies could more than afford to increase employee pay based on a percentage of yearly profits and not see a significant change in revenue.
We live in her district & love to watch her question the big shots, while they are looking like deer in the headlights - squirming. Just got the ballots in the mail today and are all voting for her.
What is even sadder than his $31 million dollar salary is that he pays lobbyists millions, instead of directing that money towards the salaries of his employees. Just a out of touch, crappy human being.
I remember watching a special about the CEO of Costco and he said “there’s an annual gathering with the top CEO’s and I was sitting at a table for dinner. Everyone was talking about their income and when it was my turn I told them I bring home $500k. That $500K is more than enough for me.” One CEO said “ but you would make more if you paid your employees less. And he said “but if I do that then my employees will be unhappy.” All of them stopped and stared at him and he said “it was disheartening because they didn’t understand.”
Let me do the thinking for him. You can’t blame Chase because they can’t support your lifestyle while you’re in bad circumstances. Being a single mom and living on her own and trying to pay for herself and for her child on her own is a disaster. If she had a man in her life who also made $16/hr, that rent payment can be covered and they can survive
This is why as a nation we need a healthy 2 party system. I'm a conservative and love her. I'm a capitalist but believe we need balance. It's about checks & balances. We need people like her to cause financial leaders to rethink the system.
@ Strongly disagree: I'm sorry you dislike taxation so much. I think putting into a collective pot to pay for public services is simply civilised. The problem is the corporations and billionaires syphoning money out of society and using people's labour without reasonable remuneration.
Why are multimilionaires even allowed to spend millions on lobbyists for their interests? They should have to vote, like the rest of us, or testify before Congress. We need more people government like Katie Porter.
What a refreshing perspective to have someone so practical in the freshman class on the hill. We need more folks like you, Rep. Porter! ... because this is exactly what it is like to live on "Main Street".
Go Katie! I support her every month with a small monthly donation and I will continue to donate to her work and her causes for as long as she is serving the country with her excellent initiatives.
Walmart is so slick and don't give employees the hours they were hired to do to keep from paying them the so called increased hourly wages. If you're supposed to do 36 hours a weekend at a pay rate of $17.60 an hour, you only get 15-18 hours out of the 36 and that's ONLY if you're lucky to work the three days. Majority of the time you're only getting 6 hours for an entire three day weekend. So basically you're still making minimum wage of $7.50 an hour.
@@Annie-zd6rn Walmart is literally a commie ran corporation. My buddy has been a sales associate since 2002. He recently told me they dont even pay him Sunday Premium pay any longer. Like wow really???
@@LosFace24 I can believe it. My son is a hard working young man that works two jobs. He doesn't miss work at all even if he's not feeling well. He put in for PTO to leave town for his aunt's funeral and was granted it. When he came back to work , he called me and said that he was terminated and that the reason was due to points for attendance. Someone screwed up his attendance on purpose. He didn't want to bother fighting for his job because he wasn't getting the hours anyway. He spent more in gas money than he was making being that he had to drive 40 miles to get there.
Coupons. Had to respond. I did an excel program that monitored, where, what, and when i purchased every single item. I used coupons only on odd months and only for things I would normally buy. At the end of one year I payed 10% more for groceries with coupons so I went back into the data. With coupons being printed the stores increased the price by over the value of the coupon. Double coupons are not allowed in LA county so using coupon is MORE expensive than not.
She has my vote for whatever office she wants to run for!
I agree with u here!
Definitely!!!!
SERIOUSLY WHAT EVER she runs for!!!
Like... Veep?! 😃😃🤞
@MrBavarian5150 - www.forbes.com/sites/jackkelly/2019/11/14/recent-college-graduates-have-the-highest-unemployment-rate-in-decadesheres-why-universities-are-to-blame/#300a5d4d320b
She's doing her job, advocating for her constituents!
Exactly. Not one of the Chase lobbyists was expecting this. Not at all. Jamie Dimon should have KNOWN the answer.
I would recommend anyone out there employed at or banking with Chase please watch this and start asking questions about real-life situations like that brought up by Ms. Porter.
Perfect Republican
@@vijayafernando1 She's a dem
@@kellyloeffler2881 I got it wrong ,sorry. Apart from humiliation,she does not achieve anything
@@vijayafernando1 I think it has to do with bringing misdeeds to light.
Yooooo these freshman congresspeople are no joke...they did not come to play! She is a beast! 🙌🏾 I love seeing this...this gives me a sliver of hope for us all.
LOVING it. These ladies are such a breath of fresh air!!
They are Jew hating socialists, they are jokes.
Should employees get paid livable wages...? YES. but I don't agree with putting the CEO on the spotlight and questioning him for the choices and life decisions of his employees. Where is the father? Why is she a single mother?
Marvel Universe maybe she made bad decisions in high school, without anyone who had taught her the real consequences of those decisions. Maybe she had a husband, but he died in a car crash.
....nothing will change. It never does.
It is chilling to see a congresswoman from a nearby town to mine, standing up to these CEOs and showing them what we are living through. I worked in a minimum wage job from 2017 until this past January, and it was a struggle. I lived with my parents until April, and I was 26 in May. It’s a damned shame what these CEO’s make.
get some needed skills!
I just love how the news reporter could not stop grinning and clearly admires Katie Porter. Go lady! you are incredible!
I admire her and I live in England
I love Lawrence O’Donnell and where his head is often at on the show. He features Katie Porter every chance he gets.
When a rich man falls on hard times he loses one summer home, a yacht or a extra servant / house cleaner. when a regular Joe falls he lose the roof over his head and gains an overpass as a roof over his head.
when joe falls on hard times it's usually because of rich men and rich men get even richer.
A lot of people are really "getting getting good" at not knowing which brings up education!
Be helpfull suggests what? A present?
Sad but it's the truth..most Americans are 2 paychecks from homeless...
@MrBavarian5150 Bullocks!
The socialist counrtys of south America are marching north twords our boarders to escape what you wish to see here... Move there instead..
We will gladly trade every socialist Democratic party member for every migrant who wants to flee it!
#ByFalicia
🎯💯
I would love to see her run for President, she is a breath of fresh air. She’s relatable.
What about Bernie Sanders? He is basically for the same things
I'm not sure what Bernie Sanders says, but if he is like this woman, then I don't see what's wrong with getting him president.
It's best to make your own research on what the presidential candidates offer and their 'promises' for the people of the country, rather than hearing it from other peoples mouths or just going with what the most common media says. That way you can build your opinion on the candidates without any bias in the way, not by going to popular news sites (ngl the few times I've seen Fox News I felt my IQ level drop, until I changed the channel was it that it went back to normal) but actually digging around, reading from varied (but credible) sources
Like watching every candidates discussions, not just the ones with all of them in bulk but just them alone, interviews, and so on
Sorry to say this, but it is easy for the average American to surpass the intellectual level of the present occupant in the W.H. Katie is way over qualified in many ways.
A real world congresswoman, who understands the reality in which we live should be on the ballot box in November!
This is a shining example as to why term limits to congress is so important. We need people in congress who are actually in touch with reality. There are members of congress who have been in office for so long, made so much money, and haven't a clue about the struggles we face every day, Term limits will change all that.
Or like in my state of South Carolina they are all families of privilege most of the time. We called them the good old boys network system people that try to keep people down in them up.
Literally!!!!
O.K., so you elect a competent person, they get a lot done, and then __?__ gets elected in their place? Better? Worse? There already are term limits for those serving their constituents poorly; they're called elections!
@@snowygirl131 The problem lies in the fact that people get out of touch with reality after they've been in congress for so long. Lobbyists and special interest groups bribe them with so much money, they become blind to the needs of the people they're supposed to represent. Yes, there are elections, but when lobbyists get someone in their pocket, they want to keep them there, so unlimited amounts of money go into reelection campaigns. The saying holds true: Power corrupts; absolute power corrupts absolutely. This is why there's term limits on the presidency. There should also be term limits for congress. That way, nobody gains excessive power.
It's not just the they're in touch with reality, but we need new ideas, because we deal with new problems with the same old ideas. Most times that just doesn't work.
We need more people like her in government/public service positions. That is how you hold people accountable!
No, this is how you ruin an economy!
This woman is a danger to her country, she is ignorant, self-important, and a tiny bit clever.
Ignorance must be bliss.
@@FastEddy1959 What exact supermen set of skills does that CEO Jamie Dimon has that he is paid $31 million? It's only because he is prepared to cut on workers' benefits packages and to keep overall workforce costs low...bottom line or profits are the only measure of success, which is crazy; we get non-functional, sick society, with extremely rich people, and with families strugling to survive; case in point is that 75% of Americans live paycheck to paycheck, and that 40% of Americans can't cover $400 surprise expense (like go to a doctor or fix a car). People get depressed, sick, turn to drugs and alcohol, or have to work 2 or 3 jobs just to survive from paycheck to paycheck. And with student loans, it is getting harder and harder... That is the reason why Bernie Sanders will be next president.
@@FastEddy1959 And you, you ignorant moron don't know what you're talking about.Katie Porter has forgotten more than you'll ever know.
What exactly is she holding him accountable of?
He knew the answer, he just couldn't bring himself to say "give her a raise" because he didn't want to lose a penny of his bonus money.
Like Gollum and his precious.
@jeff erlsten You're joking, right? You think every mom who is single had kids out of wedlock?
@jeff erlsten Appalling response
jeff erlsten troll you have no footing to stand on. What are her bad life choices? Working at his bank?
Jeff Epstein is a Troll. You already assumed too much. You lose the right to look intelligent
I like her.
She does not back down.
This is the new kind of democrat we need.
Vera Smith Yes yes yes!!!
And yes.
Not really. The real issue is the 1600.00 a month rent in CA. In most states she could buy a 200,000 3000sqr ft house w her mortage being less than 1600.00.
Is the new kind of POLITICIAN we need, not Democrat or Con
I like him for the same reason. She can take her populist nonsense and stuff it.
It's 3 years later and she's still a spitfire and holding people accountable; the woman is amazing. Makes me wish she represented my state. Go, Katie!
I love this woman. She's the real mama bear.
$400/mo for the car is completely unrealistic
the dude I don’t know if you live in Southern California, but it really isn’t that unrealistic
@@jordancuriel4531 i drive 50miles a day in kansas. Its not that expensive for my 2004 ranger that makes 15mpg
the dude gas is much cheaper in Kansas, car payments are much cheaper in Kansas, and when there has to be repairs done here in California, the tax is much more than what it might be in Kansas
@@jordancuriel4531 kansas property taxes rival that of california. Alot of people dont believe in car payments around here. There are no car inspections here, so if the check engine light annoys you just remove the light . You could also put a piece of black electrical tape over the light.
His answer could more accurately be depicted as “I don’t care”.
I think you're wrong. He definitely cared that he was being embarrassed publicly.
@Prabhat shrestha Caring about Who makes You Your Money should be!
@Prabhat shrestha No that is his responsibility as a human being.
It takes bean counters to keep the one's at the top at 31 million they are not worried about the ditch digger in any way
When you are at the top like that you don't care about small change...or poor folks
We need 434 more people like Katie Porter in Congress!!! She is my Hero! President in 2024??
I thought the same 🇺🇸
It's time for change. Nominate and be heard:facebook.com/groups/peoplespresidentialnominee
@Emcstea No my friend, President is elected every 4 years. Biden in 2020 and Porter in 2024
Katie keep up the great work..
Nope. Too soon. Plus her kids...look for her around 2028 or 2032. Plus by then she'll have a record that will hopefully bolster her chances of being nominated.
I love you Katie. Keep doing what you're doing. You are a true champion for the working class. God bless you. You are fighting to hold on to the integrity of the America that so many have died to protect.
Thank you Katie Porter for actually representing "us" the average American.
@MrBavarian5150 She represents an incredibly large amount of the American population. You'd have to be delusional to refuse to see that most Americans aren't paid fairly and that most of them suffer because of it.
@MrBavarian5150 i hope you one day know poverty! Then when the tables are turned will you feel that way! You sound heartless we all deserve food, heath care, and homes! Soooo yeah i hope one day you feel some empathy but it's impossible for sociopaths!!
@MrBavarian5150 your answer makes more sense.
@MrBavarian515. Lmfao
You get nothing but the best from her presidents can learn an awful lot from her
As far as I'm concerned this woman is a rockstar, I wish more members of Congress had her brains and guts
I am sorry to say that I would have to disagree with your on that as if this was the case then Americans would need to be installed with functional brains and this would be antagonistic to the trump state of affairs.
I love her. We need 20 more Katie porters. Smart gal.
They should ALL BE KATIE!!!
gal?
We just need to remove all of the others (minus Bernie Sanders and a few other representatives) and replace them with Katie Porters.
Hopefully she would agree to cloning!!, or our other officials will learn to do their jobs.
She knows this because as a single mother she had to learn how to make it on a limited salary. All of us should have been taught by example from our parents. This should be common knowledge.
LOVE this woman. How often can someone make a CEO speechless. She literally had him by the balls, and could have made it worse for him, but she moved on. Smart woman.
Speechless isn't be same as dumbfounded. By his body language, he indicates his low-level assessment of her/his grasp of reality. Has your Katie actually had a real job? Didn't think so.
@@Mister8224 Had a real job? Wtf do you honestly do?
@@tigergreg8 Gee tiger, I've actually had a real job & worked hard to be successful. That's why I can call out a socialist masquerading as a capitalist. I've owned & run several very successful businesses. I understand how things work, & how Marxism is the enemy of capitalism. I can spot a phony a mile away.
Interesting response "I've had a real job"...I have had a real job...once or previously, but not now, I was an employee but no longer am...
Just my first thoughts based on language but I reserve opinion until the question is answered
@@tonis5140 If you're speaking to me Toni, I'm a Pharmacist, brought a story I was working in, managed to please my case to get a loan to buy the story & get extra to remodel & add new computers to enhance service. Turned a moderately good story into a better business, & after some years, started another outlet which also did well & after 24 years of solid work, sold to chain story & retired. Now I do volunteer work & consilt young prospective businesspeople & help them get started.
This is the smartest person in the room, no matter the room. She is also the most ethical. How did I not notice her before today?
Most ethical. She's been taking money from convicted felons. She may be arrested for money laundering.
@@teedub9295 And yet, she is still likely to be the most ethical person in That room.
@@wordsculpt ethical and Democrats is an oxymoron. She took money from a convicted child trafficker. And she new it too.
Cheryl Barnes Look up the video where her, AOC, and the rest of the Squad grilled DeJoy, the new Postmaster General about all his crap with the USPS since he took over in July. Oh my Gosh it was hilarious....and you could see the steam coming off of him about being questioned by “Mere Women”
@David Pinegar Don't forget the Oxy.
She’s savage. Left him looking stupid.
The only thing the people in power understand is force.We have to make them change.
Josefina Avila
It was pleasing to watch.
And she will still lose
The textbook she is holding up...she wrote it! She knows her subject very well. Her first textbook taught in colleges wrote with Elizabeth Warren and I belive 3 others. She was a law professor.
We need more like her at every level of elected government! City, county, state and federal.
Why is it that, whenever I see this lady on youtube, I end up rewatching all of the videos of her making fools out of these yo yos? Porter for pres. 2024
Yesssss
Please God ,Give me 400 Katie Porters in the House,& 100 Katie Porters in the Senate. this country would be fixed in 7 months !!!!
@@jaxdragon1723 😂😂😂only in our dreams. I don’t think there are that many smart, thoroughly efficient, people in the entire US.
Please please please.
@@msreen269, not true. Let her run and we will see.
Katie Porter for CA Senator in 2024!
And the scary part is that the $16.50 hour job is DOUBLE the minimum wage. Now think about that mother of one surviving on even less.
Now wait for someone to tell you that if you want better pay, you should look for a better job. Even though many of the lowest paying jobs are the ones that are necessary to keep companies in the black.
That mother should have thought about leeping her legs closed and getting grades and diplomas etc so she can get a better paying job then ha e a child and not complain about struggling zzzzzz square humans
YouTriggered _ even a single person with no kids can’t live on most wages. But? Keep HER legs crossed? What about the father? And I’ve got news for you, I’m working on my third college degree and still can’t make a wage that I am worth. You have no idea what you’re talking about. Get educated, sweetheart.
16.50 is 5 dollars more than min wage in DC
Laurel minimum wage in Michigan is $9.25 an hour. Florida is $8.25.... 😕
She didn't even mention medical insurance, copays, deductibles, auto insurance, let alone other expenses. His employee is definitely not paid a living wage.
She did in the next few sentences... See the full interview.
@@agathacrane1297 do you have it please?
Good answer. I don't think he cares he has to think about it.
Moving out of California will save at least $1000/month in rent for an apartment, not a bedroom and $80/month in gasoline. Seriously California is for those that are suckers for paying waaay too much. For instance the LA Times covered a story where LA county paid $700,000 for a 7,000 sqft porch for the homeless. That is $100 per sqft, or the same cost per sqft as a house built in a red state.
@@michaeldietz7038 main problem is that by moving to a way cheaper city also that 16.50$/h is going to drop in a very appropriate way to keep that same person is a very similar negative balance. the problem isnt that in that specific town/city workers/employees arent payed enough. the problem is that the system works perfectly to keep you enslaved where u are.
the so much praised financial mobility of the US (talked by both republicans and almost most democrats) is just a big lie... they always refer to it as a thing, yet they never have to answer a singe question on it or explain how that mobility actually works or where it can be found.
“I don’t know. I’d have to think about that.” That’s worth a salary of $31,000,000?
more like stealing everything for himself.
"How about taking some time to think about it right now and answer my question"?
Yah, and a 10% put cut to his salary could afford about 350 to 400 of those employees to get that extra money. It's crazy that these big beautiful pay checks ceos make are not made with the bottom wage in mind.
The reason they get paid that much is to not react... That literally their job
@@joshlanders 3.1MM across the low level employees of the bank would mean each employee gets $24 per year.
We need more like her in this government. Thank you for going after those CEOS and making them own the short falls for all employees.
She just explained why all these people are HOMELESS
No, she explained why people cannot afford to live in California.
She lives and works in one of more expensive cities of Orange county. What she needs to do is move to a cheaper place or get a roommate. And that's not even favoring in where is the father?
@@lepke1979 For all we know, dead, missing, etc. Even then you're not guaranteed to find a cheaper place or find a suitable roommate. Because sidenote, once you grab a bad roommate, you're going to have a hard time kicking them out.
@@lepke1979 I don' think there are any inexpensive places to live in California anymore. One of the problems is that a place like say San Francisco with well paying jobs is so expensive to live in, that the people who work there move to cheaper cities and thus raise the rents there too. This prices out people with more modest incomes in the area. Even Sacramento, a pretty sleepy government town has an average apartment rental price of $1580.00 a month and two hours away commuting to San Francisco. San Francisco's average rent per month is $3683.00 per month. That means to just pay rent you must earn at least 23 dollars per hour, assuming a 40 hour work week, no unpaid time off and no taxes.
Jeff Gedgaud...yeah one paycheck away from being homeless 😭
I Will Stand With Katie Porter And All Single Moms In Our Nations! Love Katie Porter You Go Girl!
Ocrun Higgs thank you
turn her district progressive blue
@@LosFace24 I used to live in her district. It would take a thousand gallons of blue paint, but I'm impressed that she got elected there. Maybe there is hope in OC.
@@lunaazule1899 I just hope being a former student of Elizabeth Warren she keeps up the good job shes doing. California need as many progressives to get rid of the corporate career dems and republicans
@@LosFace24 I just found out she's been a victim of domestic violence from her x. Now THAT's a women of substance and courage. I worry, however that fame will have her acting more like Melania Trump than herself in the future. Let's hope she stays real.
i dont know, i dont know, i dont know. Thats what they pay him 31 million a year for?? quit your accounts with this bank americans!
I literally just closed my chase account last week before I even discovered this video . No regrets.
I closed my acct in 2013 and never looked back. Their business practices are inhumane and absurd. They have no desire to keep the average Joe as is proven in the maltreatment of their non-premier clientele.
Will be closing my wells Fargo asap.. I love her and Mrs. Warren.
Well said
@@lindsiwilliams9452 Just so you know I am a victim of Wells Fargo and because they are soooo big nobody would help me. They did FRAUD and now I am in trouble with the IRS for the first time in my life. All of it is because of Fraud dealing with a CAR!!! They are the DEVIL!!! Greedy Crooks. All of this is now affecting my health and my entire life in a major way because again I can't get any help
Love Ms Katie Porter. We really need more like her in Congress.. whether Rep or Dem.. it's a matter of what is MORALLY right as well as mathematically accurate. Mr Diamond could perhaps take a million dollars a year less and give all his workers a better wage. No one needs 31 million dollars a year to live on. And he can't take it with him when he dies...but he CAN leave a legacy of families that have been able to live a better life.
He can live off of 1 mil for all I care.
That's the problem. You say you need more people like her in Congress yet evetytime you can vote, you vote people who don't care about you. So who is the real problem here?
I wish every congress man and woman were just like her! Katie is incredible!
I don’t care if he walks on water: nobody is worth $31 million a year. Take a little less and pay your people enough to live on.
shut up socialist
@@NikhilMathew122333 How is she a socialist?
@@meghraj1998 CEO of a 2 trillion dollaf bank is worth 31 million as salary, suggesting a lower pay cut and distribute it to the lowest levels is socialist..
Nikhil K no it’s not.
Nikhil K socialism means the means of production are owned collectively and it does not imply that everyone will get the same pay
Katie Porter is a national treasure.
We need her and all of her teaching tools in Congress
Yes!
Yes. But she will still lose
🤣🤣🤣 why isn't she looking into lowering cost of living instead of making a company raise pay, she should attack her fellow crappy coworkers in lowering taxes and getting rid of aid to people who don't need it, lower the cost of living by lowering taxes, not pay! You get more pay, you get charged more taxes! Idiots are the ones who don't see it. Shame on you.
@@jetjoey19 how do you do that
F150_s550 omg no just no
Katie Porter is a national treasure, thank you for being one glimmer of hope in a dire political climate.
Here's a real world math problem:
A man earns $31,000,000 annually which breaks down to $14,903.85 per hour based on a 40 hour work week. He hires a female employee for $16.50 per hour which is $34,320 annually. (Skip taxes for simplicity.)
Q: How can she live off of this wage?
A: He doesn't care because in the time it took to say, "I don't know", he made half her annual salary.
A 16.50 hour job is for someone who is just entering the work force or who is single and has a roommate. When I realized I had to support myself in life I was very young probably below reproductive age my parents taught me this so I decided I would not get a woman pregnant primarily cause I knew I could not afford it. If I had been a woman I would have decided that I would not get pregnant cause I couldn't afford it. Currently I go to the bank each week and take out $100.00 a week I spend that on food, gas, and incidentals - tooth paste - toilet paper - medicine stuff I buy but not each week inexpensive stuff - I think some of her figures are to high such as food cost $ 400 a month - her budget is tight but the employer should not have to pay a person according to what their budget is they should rather have to find out that people will not work for that little amount of money but oh wait people will work for that amount and they are not American citizens and many willfully let them come into the country and then they work for that little amount and the employer continues to pay this little amount for that position.
@@jswarpaint6215 good for you. Imagine someone made a mistake or an accident happened. Now they have a child. Imagine someone has dietary restrictions, or their child does. $400 a month for food is $50 a week for the mother and child individually ~$2.3 a meal. Imagine she has more bills to pay like medical, car payments, student loans, child care, etc. We all know entry level jobs should be for the people you're describing, with a clear path upwards. The issue is these folks in sticky situations live under the poverty line and are stuck at this entry position. While a CEO nets 30 million...it's unsustainable and stifles the economy.
Just think about it this way. In 3 hours, he would have paid her $44,711.55. A pay rise and great help for her, and nothing to him. (You might also consider he hires a man...#mentoo).
@@davidedwards3361 what does #mentoo mean? Never heard that one before?
They can't. The employee would have to go into financial slavery, which I think is what they want.
"he's not used to working with such tiny numbers."
Nicely played, Lawrence....
@JHeints -
"She" who?
@JHeints - I agree if you don't make alot of money you gotta make cheaper decisions if what you said is true that's 800$ in her pocket and she'd have 233$ instead of -567$ that was a poor example although I see where she's going
@@BIGNASTY1234556 which still isn't enough as she didn't even take into account clothes, lunch money etc.
@@manaspradhan8041 no I agree but as I said the apartment choice was poor in fact imo having a kid when you know your financial situation is a bad idea as well at some point we have to take some kind of responsibility but working for that guy should probably pay more
@@BIGNASTY1234556 wait where did you guys get appartments for around 800? I searched on apartments.com and apart from a single apartment costing 995, everything else was 1425 and up. Same for apartmentguide.com a couple apartments for 1000 and everything else is around13-1400 and upwards. Where did the other commenter get more than 500 apartments under 800?
As long as we have more people like her in Congress America will be on the right track
Trouble is, I think awesome people like her are the exception, not the rule
JHeints - chill out, the point was still very apparent
@JHeints - seriously? Where? I'll switch Appartments right away!
Katie is a beast!! Love her focus on what really matters
She is morbidly obese. So 'beast' is true, in a way
@@seventhcompactor1505 you miserable 'thing'.
We need more representatives like this wonderful woman in our government!
We need to be more like her.
Yes!
I am proud to say we're from the same county. She has a bright future no matter what she does. I wish there were more people like her in this world.
The more people like this we elect, the more people will be inspired to emulate them. Honest people hesitate to go into a profession with a reputation for corruption, but if there is an opportunity to root it out, it will be a more honorable aspiration.
It was just a populist moment that offers no real solution, what are companies suppose to do give salary Ana raises their balance sheets can’t absorb
@@gabeg3433 Please tell me, Gabe, why you think their balance sheets 'can't absorb' a raise that puts their employees on an equal footing with their parents' - or grandparents' - wages a generation or more ago? They certainly seem to have been able to absorb _enormous_ increases in top-level pay, and for shareholders. Why does that largesse not extend to rank and file workers, without whom it could not happen? It seems obvious that they could indeed afford to spread the profits around. clothingmadeinusablog.files.wordpress.com/2013/03/graph-income1.gif?w=655
The benefit of increasing low-to-middle echelon wages is that the money becomes disposable income for workers, causing the local economy to rise rather than remain stagnant or spiral downwards.
@@gabeg3433 Moreover why is it necessary for the CEO of a company to make more money than the wages of his entire staff in one year?
Those are entry level jobs, that require a high school education, if she wants to make more money go to school study something that will offer a better salary.
There are a lot of good people out there with leadership skills like Porter. We need to find a way to get more of them in office.
This is what proper representation of your people looks like. Someone clone Ms Porter and send two to each state in the USA to replace the senators we now have but don't deserve.
@@alicelane5263 Completely agree. Why Porter is effective is that she is new to office (a freshman); hence, still connected to the people and not jaded or influenced after being in Congress for 20 years. This is why I support term limits. Not everyone stays true after given access to power and influence. Yes, we can reelect people as a check on that, but that limits fresh ideas and energy from entering like Porter.
WE; We need to be more like Katie Porter. Why find someone else when WE should step up?
Unfortunately, I only have just so many hours with these two hands of mine. The best I can do is volunteer with the Registrar of Voters as often as I can.
We need to vote for all the Katie Porter s out there. Stop electing dumbasses.
💪👊✌
May God bless you, Miss Porter. It's great to know there are still good people out there.
Duh, it’s not that he doesn’t know the answer.. he doesn’t want to pay more
So he should pay every employee of his 500 usd more he'll be bankrupt in a month
@@karanbirsinghbhullar they wil hardly be bankrupt by paying a fair wage. Does Mr.Daimond need 31million dollars a year? You tell me .
They're making record profits so be real with your comments sir.
Karanbir Singh Bhullar bankrupt in a month? For providing a livable wage? Honey, you clearly don’t understand what you’re talking about. The man has 31 million coming in each year. A $5 pay increase to their wage, if you watched the entire video and didn’t stop at the $500 extra a month, wouldn’t be so detrimental. Why does a CEO need to have 31 million, while his base employees are literally living in debt, hardly able to make ends meet? It makes no sense. Yes of course he should make more than his employees! But to make 31 million more? That’s quite excessive, and is clearly not about taking care of its employees.
Hard to do the right thing when you've never had to
@@karanbirsinghbhullarhe just has to raise the wages from 16 to 20 dollars. You illiterate schmuck
She uses perfectly reasonable numbers and statistics to help bring this overpaid big wig back down to how normal people have to work in the world. Beautifully done!
It didn't bring him back down to Earth, mate. I guarantee that he stopped listening, you can actually see the point he switches his brain off and resorts to 'id have to think about it' as his default answer.
There is one way for these rich people to realise how lucky they are, the movie Changing Places with Dan Akroyd and Eddie Murphy, that situation is something that I think all multi millionaires that pay their employees a substandard wage should have to experience.
1.6k is definitely not reasonable. move. away. from. there. thats the solution.
@@marshmallowmann20 how can you move when you can’t pay to have a new place to live?
@bean machine so if a job is expendable that means they don’t need to pay their workers a living wage?
God Bless You American.
If only there were more people like Miss. Katie, the world would be a far better, and more fair place to live.
Agreed. I support tax dollars being used to fund campaigns. It gives more people a chance to be elected who otherwise would not have one.
Katie is the best
yeah right
@@dcaustx so glad you cant make that idiotic and ignorant decision
America would be a far better place to live. All other first world, developed nations have left us in their dust.
Talking about it and calling people like this CEO out will not change anything. The only way would be for people to unite and boycott companies with unfair practices, but unfortunately we have not shown to care enough for one another in order to do something like that in this country.
He’s not stupid. His entire philosophy when it comes to front line workers is “the law of substitution”. He is fine with thinking this employee is easily replaceable. If you pressed him when the cameras aren’t rolling, he’d say “$16.50 is what we believe the fair market pay rate for that role. And if she is unable to make ends meet then we encourage her to either apply for a higher paying position within the bank, or pursue another career path.” I guarantee you that is exactly what he’s thinking.
That is how he thinks about replacing bank customers. I waited for two hours on the phone to speak to a representative that could not answer my question. All that happened was i was connected to being put on hold as if that was an effective way of using our time. I lived a five minute drive from the closest branch! LOL.
and he is correct.
You are right KC. If the job he's talking about requires SOME skills, but there are many people that could do the same job well & would take that wage, why the Frick would he pay ANY more? It is what America was built on. FREE ENTERPRISE. if you desire to live a better life, to make more money, acquire a skill that sets you apart, that causes an employer to pay you more, because of what you do. Or start your own business. It's been done millions of times in America. This is not rocket science. In America, hard focused work has its rewards.
That's what my boss told me.
And he would be right to think this. Her life choices is not his problem. Someone is taking the job at that rate or the job would pay more.
Omg I love her she’s amazing! Her and AOC are rocking the boat!
Not investing in his own employee's, is how he gets 31 Million a year.
Dan Price, CEO of Gravity Payments reduced his salary to $70,000 so that he could pay all of his employees that as a base salary and it hasn't hurt his business at all. If he can do it, others can.
And how much profit are Chase Morgan making?
@@darkopz for one, not all chase employees are at starting lvl making minimum wage. Only about 22k. If you seriously think that every single employee of chase makes minimum wage you are kidding yourself. What Rep. Porter is looking to help the bottom rung of a huge company that make billions in profits every yr.
@@darkopz The company profit, profit not revenue, is 32.5 Billion dollars a year. They can afford to pay their employees better.
@@cirrustate8674 and $16.50 isnt good pay for ENTRY LEVEL work? Thats fantastic pay i worked my way up from $8 to just accepting a new job yesterday paying $14.50, the real question is why that "single mom" has to pay $1,600/m for a one bedroom she needs to move to a better state
We need more representatives like Katie on both sides of the aisle. She pulls no punches and I deeply respect her. She has a great sensibility.
Katie Porter! You're awesome!! This single mother teacher says: THANK YOU!!
I wish people would stop using the term single mother to describe divorced mothers. A single mother is single. Never married and she SINGLE handley manages her kid/s. What you do when you use the term "single mom" and you are divorced, is you minimize a real single mother.
@@laurel1865 bought my house, single handedly...got my BS, my MA, my license, my doc - single handedly...saving college tuition for my child, single handedly....am divorced, BUT NEVER married my child's father, NOR did her father ever support me...is that enough for me to call myself a single mother and not demean your title?
@@laurel1865 It is a matter of perspective. The circumstance of a woman. If she is single or whether she was married and now divorce if she is taking care of a child or two on her own and have no other support system but working then she is single be she married or not. It's a matter of perspective if you don't think of yourself as a single mom that way so be it but the point is if you are raising a child or two on your own and no other health and making less than the cost of living you are a,single woman.
Don't get hung up on the "single" issue. If she's a woman & making such-and-such how does she survive? Great question because I've been working for the City for 15 years & don't make $16/hr! Guess I'm just glad I'm not in California?? How do I survive? ...I never see a doctor, take a class, raise my hand...soon I'll be dead & safe!
Liz Hicks I wonder who puts you in that situation in the first place? Not Jaime Diamond nor Donald Trump!
I worked for chase for years, they also expect you to work 24/7, but don't forget to balance your work/life, as if it were your fault that you can't. Excellent job Congresswoman!
Well then she's making more than $29k per year...
@@jasonpatterson8091 To gross £29,000 per year you would have to work every day of the year for 7 hours per day or 9 to ten hours per day Mon - Friday to squeeze in the 49 hours per week you'd need to do !!. $11.50 per hour . Don't forget she has a child and they need as much as an adult does without the ability to earn !!
Thats the part the bothers me the most. That expectation to spend your life at work. On the other hand, if your child becomes a delinquent, you will be told how neglecting you are as a parent, by the same people that are telling you to spend your life at work if you want to make a living.
Really? 24/7? The latest you people stay is 6 pm
@@dnl4295 get another job that will work with your schedule. But you'll also probably be making less money unless you find a better one
I grew up in Irvine. It's an expensive city to live in. No one could live there on $16.50/hour. The citizens picked a GREAT representative. Go Katie!
A single, recent high school grad still living at home could live there on $16.50/hour. I'm sure Chase has some very good, non-entry level jobs in Irvine.
Question should be why she living in the most expensive city.
Minimum wage is for minimum skill. If they want to be paid more do something that's worth more.
@@imkindofabigdeal4308 why are you finding a way to defend this CRIMINAL pay rate?
@@vamppanic Because I want people to succeed. And I understand that the minimum wage is zero. The real value of your first job is skills development and networking so you can get that second, better job and so on.
Love Katie Porter ,she is so good at grilling the thief’s from the banks ,such inequality in the country is just unbelievable !
Glad to see there is someone else who cares about more than just themselves. Good on you Mrs. Porter. Great job California for electing her.
Wow. Irvine is very lucky to have such an astute congresswoman.
I'm about to move to Irvine. This woman is stellar.
A Harvard Grad and Professor.
Sen Johnson blocked Stimulus Checks
Call him NOW!!!!! 608-240-9629
920-230-7250
414-276-7282
He has 4 OFFICES!!!!
PLZ CALL
I'm jealous.
Yeah, not really. Irvine is extremely expensive to live in. You need to be making approximately $60k a year to be comfortable renting a room to live in Irvine without kids. This hypothetical worker would most likely be commuting in from a neighboring city that is a lot cheaper such as Tustin, Santa Ana, Corona, or Riverside; I as an Irvine resident would tell this hypothetical worker that that don’t make nearly enough money to reside in Irvine if they are trying to rent their own apartment. Unfortunately there are expensive places to live in around the US such as San Francisco, Beverly Hills, New York City, Los Angeles, San Diego, etc. What’s not mentioned, nor would Jamie Dimon know, is that the vast majority of apartment communities and available in Irvine are controlled by a single organization called the Irvine Company and all of their apartments are expensive no matter the apartment community you choose. If Katie’s true concern was single mothers and being able to provide affordable housing for Irvine single mothers then she would be working with the Irvine Company to put in low income housing around the city, once done though she could kiss the rest of her political career goodbye in Irvine as people with multi-million dollar homes don’t want to have their home next to cheap public housing. Nothing is stopping this hypothetical worker from taking any other employment with another company if the pay is not good enough with Chase. Maybe the hypothetical worker should have had a better plan and made sure they were financially secure before deciding to have children.
The real-life tellers at Chase or other banks in Irvine are working part-time while going to college full time. They most likely don’t reside in Irvine and instead commute from a neighboring city in addition to living with either their parents or renting a room with friends. Jamie Dimon’s salary is irrelevant in the matter, but Katie Porter needs an economics lesson regarding supply and demand to understand why even though housing is so expensive in her district people are willing accept low wage jobs.
This lady is going places look out for her in the future.
Yawn.................
Unfortunately, no. She'll be squish, squashed by big money.
Maxine Waters took her off the house financial services committee. Democrats are spineless.
Well done. Why there aren't more confrontations like this is shameful.
He knew the answer, he just wasn't about to suggest pay raises.
Exactly!
So what if she gets her raise and decides to have another kid. How does this line of thinking ever end
@@Nicecrispies Every stereotypical question. Get out of here with that propagative bs. That line is only used to keep the average workers wages down, and to prevent them from raising a family.
@@nunyadambusiness3530 facts
Kris Carlson keep thinking a politician is coming to save you and let me know how that works out. I’ll have my head down working my butt off and making my own future.
WE NEED MORE POLITICIANS LIKE THIS!!! PLEASE!!! 🙏🏼
Really like her fundamental questions, that many people can’t seem to answer.
The sad thing is...it's basic math! I'd love to see him live on the minimum wage he pays.
@@assilaasplundh he would be able to as a single male which is sad
I can answer all of these questions.
The job pays this amount. She has the option of not taking it. She has the option of taking it, working hard and hoping for a raise. She could live with a roommate.
She could move locations. She could live with her parents. She should not have had that kid.
And should she get paid enough to afford two kids? 3 kids? 3 kids in daycare? What if she needs to take care of her parents?
How much of this woman's problems is her employer's responsibility?
@@tal_the_great
F !
@@tal_the_great How dare you suggest she should try any of those things? You probably think that just because they work for, and are methods routinely employed by people all over the world, that this poor victimized single mother be forced to employ them as well. Shame on you!! /points SHAME!!!!!
Wow. It’s so good to see a congresswoman taking this on with companies like that.
It’s very gracious to say that Jamie Diamond “couldn’t find it.” He didn’t want to find the answer of paying more. That’s the cruelty.
YES. Financial transparency is so important. I don’t understand why a proudly capitalist society doesn’t want to talk openly about money, claiming it’s too “personal”.
It's one of the ways to keep the broken system working. It's much better for the system to have people living in nice house and driving nice cars just to keep up appearances even though they had to get into debt up to their neck in debt to achieve that illusion.
He didn't claim it was too personal, just that her question was out of left field and irrelevant. Communist propaganda is the epitome of hating the rich because they are rich.
His real answer: “I don’t care, I don’t have to”
@forest pandit Yeah right? Just like his salary. Such a slime.
and he kinda right
$6000 is what she needs for a no debt and no savings life. As a % of his $31,000,000.00 he would have to sacrifice .0001945% or 1 ten-thousandth and 900 hundred-thousandths of a %. He makes 14,903 dollars an hour (40hr workweek 52 weeks) so 22 minutes out of his pay for the year would let his employee live. $14,000 an hour for 21 minutes is $6666.66 and I think that's a nice bonus.
@@dleet86 it’s obscene
@@Katie2986 Before Reagan congress had 90% high marginal tax rates that kicked in when profits reached a certain obscene amount. Then, if they invested some of the obscene amount in infrastructure which they also needed, they deducted that and ended up paying 37% while making profit, paying for the roads they needed for their 16 wheelers to ship their goods and the repairs to protect the car drivers who also paid for the roads but didn't tear it up. Those jobs caused GDP growth to average 5% a year and created a middle class. Trickle down is neoliberal feudalism aka an Oligarchy. The Libertarian Anarcho-Syndicalist Theocracy model is also the L.A.S.T. model for the American Experiment. It is also the model for last 5 GOP SCOTUS justices. Libertarian, Theocrats,(religious freedom..to discriminate) and connected in the syndicate of K Street aka Geppetto's Oligarchic Disseminators or G.O.D. DYK, God is 9.1% of the US GDP, tax free.
Uh...she forgot her student loan payments because I am betting Mr. Diamond would require even an entry level job to have a college degree
Actually no, not as a bank teller at least
Even if he doesn't _require_ it, most employers look for it. Not to mention the fact that most Americans seek higher education regardless to try to _climb out_ of the debt and paycheck to paycheck they grew up in.
He can require anything he wants. Lol. It’s her choice to work for a bank like that... as mentioned by the Congresswoman, Bank of America has that same position at $20 and hour. The example lady should work that bank, this will solve that math problem. Congress woman was sneaky, also snuck in a child to make the sample more compelling.
Math/numbers have no emotions, we should stop and think of choices in life.
Americans go to schools and get into debt.
Buy cars and get into debt (avg American car $500 a month).
But houses they can’t afford ( that’s what happened in the last recession, also bankers got greedy).
One point America should fix is be more stringent on student loans. And cap loans to a certain amount. If not it’s 2008 housing crisis all over again.
@@GabrielGonzalez-kb5by The point of the matter is to give a statistic for the average American home. The rate of single mothers in the US is in the rise, and often choice has nothing to do with the matter.
You don't always get to _choose_ where you work. Coming from that income bracket I can tell you as a matter of fact that you have to apply to every single open position in your area and hope that you get a response. For every 10 applications you fill out you'll be lucky to get a single interview out of it despite years of experience and company loyalties across your career.
When you post a comment like this it comes across loud and clear that you've never really been in the position being put forth by Congresswoman Porter.
RodriguezDeathDealer I differ, obviously. Becoming a father or mother is a very serious life changing choice. In being able to or know if you can provide for a child(ren) should be thought out very carefully... I am kinda am in this income range, I just don’t live in area where a one bedroom apartment in 1600 there about half of that... I’ve live below my means, have had side hustles, delayed becoming a parent, driven junk cars all of this know I can have a better future and bought several houses, invested in the market, real estate, etc. and my household income is on par with the median household income in America
Which is...
www.census.gov/library/stories/2018/09/highest-median-household-income-on-record.html
Unfortunately the average American is uneducated in personal economics. Big coffee companies, big car companies, big banks, fast food restaurants, etc. all thrive cause Americans get into debt and live beyond their means. Very few things are beyond ones control, one just has to expect those days not hope there isn’t. Cos they’ll be those days.
Life is full of choices, especially in this country. To succeed just make better ones then the average and you’ll be... above average.
Luv this lady. FEARLESS. EDUCATED. INTELLIGENT. AND IM SURE WITH A HEART OF GOLD FOR THOSE DESERVING. ❤️
Katie Porter is just the type of person we need in Congress. Love how she forces those in.power to understand what's going on with those who are not rich and powerful.
Chuck Berry here is just looking to get burned. Ms. Porter had to negotiate a lot of obstacles to get at this first rung...doing something for the people...and then she'll make deals & bargains & eventually...she's making $31 million dollars a year! (who am I kidding? She's a Woman!)...and who will be lobbying to bring down the cost of tariff-inflated priced Raman noodles?
The shortfall is much greater. There are also medical and dental bills. Clothing. School supplies.
Extra childcare in summer months and school breaks. Cleaning supplies, paper goods and toiletries beyond the basic food budget. Postage. Tolls, registrations and insurance plus emmissions test fees.
She could walk. She could sell herself and her daughter for dog food. Imagine pure meat no fillers, Gwinith move over.
If the problem is unsolvable while under stated, it is a much stronger point then if it is unsolvable but over stated.
Suppose she had said all those things; Mr Diamond would have suggested she could send fewer letters or get less toiletries.
Dozo G - toilet paper, detergent, toothpaste, fem hygenie etc are not perks.
Nor is summer full-time childcare, a huge expense for years when a parent works.
Also, OTC meds, co-pays and deductibles for insured treatment.
@@sunshinelawfan7693 Read what I actually say.
It is *not* MY opinion that any of these things are avoidable cost or perks.
My point was that the argument is actually stronger if you under state it.
Suppose I want to claim Mr Diamond is stupid.
I could ask him to answer how much is the square root of 2. If he can't answer, I can call him not that smart, but some argument would arise. Some people might say it doesn't prove he is stupid.
OR
I could ask him how much is 1+1.
If he can't answer that, many more people would agree he is stupid.
If you start a negotiation with him about how high your new salary should be... Then by all means mention all costs that you actually expect.
@@dozog Very good point.
Exactly why we need more women in positions of power asking the tough questions because the good ole boys don't!
Agree 100% and this is the type of representation we need in Washington DC
That is so f^( stupid, get married and have a man help support your child. Ever think of that? My parents fought like dogs but they worked together to raise 11 children.
@@jopiet821 sorry to break it to ya kid, but not everyone is interested in getting married. Congresswoman Porter said single mother, one child. Not single mother, biological child out of wedlock.
There could be several reasons a lone person is raising a child. We have instituted the concept of marriage as a union of two people that love one another, not as a business transaction.
It seems that when women do approach marriage from financial concerns, they often get ridiculed as "gold digging whores", etc. Not a viable solution to the puzzle.
Decent wage? Sounds fair for everyone, no ridicule required.
We do not have Democracy ... We have Corporateocratecy, AND WE MUST get rid of it !
@@johnswanger8474 If you are anti-family you do not qualify for an elected position in any way, nor is anti-family sustainable in any way, sodomites, lespians how does that work in nature?
I can watch her GRILL these people all day!!! LOVE TO SEE HER GRILL #45
Gotta LOVE this woman. Speaking truth to power, to the obscenely wealthy about the misery they create, takes guts.
I'm sorry, this is a stupid question. Entry level jobs are not for single parents. Entry level jobs are for people just out of high school. If you are so poor at planning for your life, then there is no amount of help that will make you successful. We need Entry level jobs so high school grads can start on climbing the ladder.
@@crissd8283 if you are a single parent, you take what you can get. The single mother may have been a homemaker whose husband walked out on yhem or whose husband died. She may not have the experience needed to get a higher ranking job. He should not be making 31 million a year while any of his workers make so little. This was not the case pre 1980's. Before then, company leaders made more than the average worker, yes, but not exponentially more, as they do now. Corporations run this country now. They lobby and pay off government representatives to have laws passed that make it easier for them to exploit their workers. Some people suggest forming a union, which if they are able to do, could be helpful, however many of the large unions are corrupt,too, these days, and don't do much good for their members while raising dues constantly. The average worker is stuck with no representation.
@@michelehenne2477 If the husband walked out then he would be required to pay child support and spousal support so that should cover that shortage.
If the husband died, that is rare and sad. They should have life insurance but there are programs that can certainly help during this time.
I find it interesting that you seem to be mad at businesses for hiring lobbyists, but you are not mad at politicians for allowing lobbyists to manipulate government officials? The politicians are the ones that made this system, the businesses are just doing what the government set up.
I find it interesting that he didn't bring up the high cost of living as the reason there was this short fall in her imaginary situation. Remember when people were demanding $15/hour for minimum to make all jobs a living wage. This job is $16.50 and isn't a living wage job? Why aren't people looking at the government creating a high cost of living via over bearing regulation and restrictions on construction vis permitting and zoning. I blame the government for these problems, after all, they are responsible for this inflation.
@@crissd8283 Yes and No. Many young women get pregnant and still need to find a first job.
@@crissd8283 as I said earlier, you seem incredibly sheltered. Men walk out quite often and don't look back. Women sometimes do it to. Some men refuse to pay child support or do work for which they are paid in cash so that the amount they claim, from which any child support would be taken, is minimal. It is disgusting. Many times, they move on and start a new family, leaving the mother of their original children to fend for herself. A friend of mine married her only high school boyfriend. Her grandmother was her legal guardian, as her father was in prison and her birth mom was MIA. Her grandmother was very strict and only let her date the one guy. They married when my friend graduated high school. She didn't want children, her husband knew this. He poked holes in his condoms. She got pregnant. A couple of years later, he did it again. He didn't inform her of his actions until years later. She settled for being a housewife and mother, the role her grandmother pushed. When her boys were 5 and 7, her husband decided he no longer wanted a family. He left and began partying and doing drugs with his friends and couch surfing. She was left with rent, car payments, and all of the rest of the bills and had no job. Her husband claimed no income, so there was no way to get any money from him. This was 8 years ago. She is doing a bit better now, but it has been a long road. Her ex husband is still a deadbeat and is in and out of jail. She struggles to make ends meet, but does her best to provide for her children. Sadly, her story is a common occurrence. There are a few programs to help, but some stop when the child or children are 5 years of age. This is a rural area, so jobs are not plentiful, and if you do not have a vehicle, you have a very difficult time getting to your job. They don't pay well either. Public transportation is non existent here, so that is not an option either.
"Should she take out a credit card and run a deficit?"
correct answer: No.
His answer: "I don't know.. I have to think about it.."
His answer in his head: "DUH. That's how I make money. _ka-ching_ "
Right, he knew he's a CEO. He is paying ppl 14 dollars and 12 dollars. I guess that's how he stays rich.
Credit card debt is not how JP Morgan makes most of its money.
Why not??? That’s how we run our government, loans and deficits 🙄
@@canishaj49 A lot of his employees are heavy into 6 figures and quite a few at 7. But sure, let's get rid of entry level jobs. Here's a tip...the actual minimum wage is zero.
BAM! Right there! To dah moon Alice!
Love her....there is a Japanese CEO who eats with his staff and takes no bonuses....perhaps this CEO needs a reality and humanity check. Capitalism gone mad.
ua-cam.com/video/5THbeN10ZQk/v-deo.html
Rachel Love I found a video of him so ppl can see whom you’re referring
Thanks for the comment
@@IAMYOU-. ta for that!
Exactly capitalism is good for development but when capitalism gets concentrated and consolidated in the one top percent it becames a monster wich breeds stagnation and poverty
@@thunderforthrc7457 true...Capitalism and free markets propel economies forward ...the famous adage 'greed is good' applies but there are no real brakes...even with legislation.....the rules are broken everyday and white collar crime is rife... So it is a balance act....but any ' ism ' either extreme of the pendulum is no good and does not work.
I think Katie Porter is the Best! She is what Congress people should be about! So much respect for her!
We need more younger and fresh open minds in congress!
Now THAT I can get behind...
Abbbbbsolutley
But she and Lawrence are not thinking this through. To do the bare minimum which would still not solve the problem, it would cost the bank almost $1.3 billion per year not considering FICA Match or any other benefit increases.
@@randylarson7856 that's the banks problem. They spend billions on lobbyists. How about instead of spending money on making sure they don't have to pay their employees, they just pay their employees?
If he's like any of the people I've met over the years, he couldn't get to the answer of pay her more because he was too busy thinking, "Why can't she get rid of her cell phone? Why doesn't she get another job? Why is she a single mom? Why doesn't she take the bus? Why doesn't she get a cheaper apartment?" Etcetera, etcetera, etcetera...
PurpleNiobe: Great, great reply. I think you nailed it.
@@darkopz I'm not sure if I understand what you typed so forgive me if I'm not on the right track or if I'm misunderstanding. Why would Dimon be taking a 0 salary? Dimon is paid 31 million a year, but that's actually only a portion of JP Morgan Chase's net worth, which is in the BILLIONS.
@@darkopz Thank you! I understand your point now and I agree. While I don't believe he should be paid such a large amount of money, I also don't think his pay is the only issue in this story. People getting paid just a little bit more if everything else (food, housing, education, gas) keeps skyrocketing as fast as it has been.
@@PurpleNiobe read through the short back and forth between you two and I have to agree with both sides. It's not that he's making $30mil a year. these days where companies are making record profits the works See's no benefits. It's a lay over from 2008 in many cases, companies got used to workers doing more for less out of desperation and want to continue despite the improving economy.
It's really a sorry situation.
Most of these multi billion dollar companies could more than afford to increase employee pay based on a percentage of yearly profits and not see a significant change in revenue.
karen Burrows It is what he SHOULD BE thinking, appropriately so!!!
I love Rep. Porter. Her no-nonsense logical consistency is like a drug, within the context of the modern political discourse.
She's a Boss! I hope her fellow Congressmen take note!
Thank you for speaking we need you today
We live in her district & love to watch her question the big shots, while they are looking like deer in the headlights - squirming. Just got the ballots in the mail today and are all voting for her.
@David V , change has to start somewhere.
So glad you have her, I wish we did!
God Bless You American.
What is even sadder than his $31 million dollar salary is that he pays lobbyists millions, instead of directing that money towards the salaries of his employees. Just a out of touch, crappy human being.
He's not alone! That's the way EVERY LG Corporation "plays their game"...Yeah, it's really sad...
it would be CHEAPER in the long run to pay your employees more, that way you wouldn't have to pay these lobbysits
"human" ? he sounds like a regular demon in a purgatory planet .
God Bless You American.
His''I don't know'' translates as ''I don't care''
I just love Katie Porter she is so smart she stumps them every time
I remember watching a special about the CEO of Costco and he said “there’s an annual gathering with the top CEO’s and I was sitting at a table for dinner. Everyone was talking about their income and when it was my turn I told them I bring home $500k. That $500K is more than enough for me.” One CEO said “ but you would make more if you paid your employees less. And he said “but if I do that then my employees will be unhappy.”
All of them stopped and stared at him and he said
“it was disheartening because they didn’t understand.”
Oh they understood. They just thought he was stupid.
Legend has it, he is still thinking about it....
Mazda Speed 😂😂😂
He has to pay for the gas on his third yacht with that money. That’s what he’s thinking about. 😝
No he isn't. He didn't even think about it for one second after the question was asked. He doesn't give a F...ck!
@@rnstoo1 And he's right to. The question is so obviously communist propaganda. Why would he buy into it?
Let me do the thinking for him. You can’t blame Chase because they can’t support your lifestyle while you’re in bad circumstances. Being a single mom and living on her own and trying to pay for herself and for her child on her own is a disaster. If she had a man in her life who also made $16/hr, that rent payment can be covered and they can survive
He will finance someone to run against her
Yup
Her constituents will see through that.
HE lives in a different world and it shows...well done you!!!
This is why as a nation we need a healthy 2 party system. I'm a conservative and love her. I'm a capitalist but believe we need balance. It's about checks & balances. We need people like her to cause financial leaders to rethink the system.
Nobody, NOBODY is worth $31,000,000 per year and he certainly is not!!
Would that also apply to sports super heroes?
I would say that everyone is worth 31 million a year but no one needs 31 million a year.
@@Supertrack238 Them first.
@@Supertrack238 -- Absolutely!
Steven Arnold whataboutism 🗑
Katie, you bring so much joy to my heart. You are ferocious.
She’s glorious.
@ Strongly disagree: I'm sorry you dislike taxation so much. I think putting into a collective pot to pay for public services is simply civilised. The problem is the corporations and billionaires syphoning money out of society and using people's labour without reasonable remuneration.
To people reading this just remember this conversation started cause he said “shes glorious”
Funtime_Swagbear What do you mean?
Jonathan Mayor I was just pointing out how this conversation started I just found it a little funny
wow this guy is allowed to report this on msnbc,,,,and he is not fired?
This is so true I can relate to this being a woman .
I just love this woman . If they all were like her things just might get done in our government.
Why are multimilionaires even allowed to spend millions on lobbyists for their interests? They should have to vote, like the rest of us, or testify before Congress. We need more people government like Katie Porter.
They know that they can easily influence the uneducated workers who hate minorities, to vote against their own interests.
The millions that they spend on lobbyist can they clain an allowance on their tax for that
Big business
@@ojrivas6843 Legalized Corruption",,, very good term.
@@sjpublishing7596.the uneducated workers ARE minorities. Why do you think DEMS are on power especially in CA...
What a refreshing perspective to have someone so practical in the freshman class on the hill. We need more folks like you, Rep. Porter! ... because this is exactly what it is like to live on "Main Street".
Love this woman! 💙🌊💙🌊
Go Katie! I support her every month with a small monthly donation and I will continue to donate to her work and her causes for as long as she is serving the country with her excellent initiatives.
He has no intention of digging into his 31 million + bonus each year to help anyone!!
Stop pocket watching
WOW Thank You Katie... now ask Amazon ceo, Walmart CEo.. so many ... thank you again..
Walmart is so slick and don't give employees the hours they were hired to do to keep from paying them the so called increased hourly wages. If you're supposed to do 36 hours a weekend at a pay rate of $17.60 an hour, you only get 15-18 hours out of the 36 and that's ONLY if you're lucky to work the three days. Majority of the time you're only getting 6 hours for an entire three day weekend.
So basically you're still making minimum wage of $7.50 an hour.
Wow!
Sorry....but...Wow!
@@Annie-zd6rn Walmart is literally a commie ran corporation. My buddy has been a sales associate since 2002. He recently told me they dont even pay him Sunday Premium pay any longer. Like wow really???
@@LosFace24 I can believe it. My son is a hard working young man that works two jobs. He doesn't miss work at all even if he's not feeling well. He put in for PTO to leave town for his aunt's funeral and was granted it. When he came back to work , he called me and said that he was terminated and that the reason was due to points for attendance. Someone screwed up his attendance on purpose. He didn't want to bother fighting for his job because he wasn't getting the hours anyway. He spent more in gas money than he was making being that he had to drive 40 miles to get there.
@@Annie-zd6rn its beyond ruthless what these big corporations do to our country. And im very very sorry what your son has gone through
Coupons. Had to respond. I did an excel program that monitored, where, what, and when i purchased every single item. I used coupons only on odd months and only for things I would normally buy. At the end of one year I payed 10% more for groceries with coupons so I went back into the data. With coupons being printed the stores increased the price by over the value of the coupon. Double coupons are not allowed in LA county so using coupon is MORE expensive than not.