Stock Buybacks (Repurchases)

[TheWorldNewsOrg]

Since Trump’s tax cuts went into effect, corporations have spent far more on stock buybacks than on employees – enriching executives and major investors but leaving workers in the dust. pic.twitter.com/WDs2xZYBRk

— Robert Reich (@RBReich) March 23, 2018

via .ORG

World News

[Guest]

This one fix alone could go a LONG way toward solving the inequality crisis. 

How about a #MeToo for stock buybacks? #PayMeToo?

[James Thomas Rook Jr.]

Yeah ... let's drive business OUT of business!

Ever worked for a poor person?

I never have.

When an executive buys a yacht, or a Lear Jet, hundreds of thousands of people get employed.

A mansion does not build itself.

It takes an ARMY of contractors and their employees to make all these things.

That way, income inequality is solved by WORKING PEOPLE!

Replacing a cracked windshield in a Lear Jet costs about $70,000.00 and employs HUNDREDS of people.

[Matthew9969]

1 hour ago, James Thomas Rook Jr. said:

Yeah ... let's drive business OUT of business!

Ever worked for a poor person?

I never have.

When an executive buys a yacht, or a Lear Jet, hundreds of thousands of people get employed.

A mansion does not build itself.

It takes an ARMY of contractors and their employees to make all these things.

That way, income inequality is solved by WORKING PEOPLE!

Replacing a cracked windshield in a Lear Jet costs about $70,000.00 and employs HUNDREDS of people.

Too many snowflakes flying around to see that logic.

[Guest]

Not allowing stocks buybacks does not hamper corporations ability to make $. 

 Before 1982 this was the law for most of the last century. Corporations did pretty well during those years. 

They simply couldn’t inflate their stock price artificially.  

[Space Merchant]

It is people like this that will drive themselves into a world of trouble. For some parts of the US is in enough finical trouble as it is.