I'm so shocked, companies do what's best for their investors instead of funding raises, better healthcare, 401ks (god forbid pensions)...who could have predicted this?? Everyone, everyone that understands companies, did.
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Shocking, they care more about investors than the people who earn all that money for them.
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So....nothing changed.
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They said they would all along. Why the surprise?
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Its like corp strategy 101: buy your own shares to ensure "sHaRewhOldeR VAlue", this is not unusual. This is observable. This is what they do when the have money. We've seen it before. You're right, we shouldn't be surprised.
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I told you so. Companies are using their tax break to enhance their fiscal position. In this case by buying back their stock rather than increasing payments to labor. Doing anything less than enriching the corporation would not be exercising its requisite due diligence.
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Well duh. We told you all they would. They were even honest and told you all they would...yet...you all peddled the crumbs they were giving out and now Americans have been conned into believing the
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If only someone had warned us this would happen. Oh wait.https://money.usnews.com/investing/articles/2017-05-08/why-trumps-tax-cut-plan-will-fuel-stock-buybacks-not-jobs …
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Predictable writing was on the wall prior to passing Trumps Tax Scam.
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Superbly researched article. The biggest take away from this article, and the easiest theme to understand, is that companies do not make investment decisions based on capital reserves... But rather on the potential profitability of a givem venture
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And if any in the middle class thought the tax cut was for them, think again!
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They'll think the $1,000 they got is a lot of money, not understanding they could have gotten $3,000 or $4,000. Also don't realize healthcare is about to get even more expensive.
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That's called 'trickle down'. The rich get richer and the servants get the scraps. Thank you very much. Now I can get that extra rolex and another penthouse
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excellent use of meme
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But.But .Job creators.
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#GOPTaxScam The poor and middle class screwed by republicans...again!Thanks. Twitter will use this to make your timeline better. UndoUndo
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no surprise. did they expect otherwise?
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