Chase quickly deleted the Twitter post after the backlash.
This is the same company that received a $25 billion bailout in 2008 paid by our tax dollars.
.@Chase: why aren’t customers saving money?— Elizabeth Warren (@SenWarren) April 29, 2019
Taxpayers: we lost our jobs/homes/savings but gave you a $25b bailout
Workers: employers don’t pay living wages
Economists: rising costs + stagnant wages = 0 savings
Chase: guess we’ll never know
Everyone: seriously?
#MoneyMotivation pic.twitter.com/WcboMr5MCE
This is why I hope Bitcoin(cryptocurrency) kills banks one day.
Bitcoin isn't gonna kill banks so quit dreaming. Chase bank shouldn't have deleted their original post. It sucks we bailed them out but they're not wrong. If you're on a budget eating out is a luxury not a necessity and it won't kill you to walk your lazy ass three blocks to work.
ReplyDeleteYes, people who make a decent living wage can cut back on luxury expenses and create savings that way, but when you aren't even making enough to cover the Bill's or you're poor and one bad enough thing happens to you financially -- poof, decimated savings. And that's assuming one could afford to save in the first place.
DeleteMaybe instead of assuming that people who are on a budget are lazy, you should try empathy.