>government slashes intake yet gives more money out

anti-Trump taxpayer-reliant npr is not unbiased. wsj is favorable in their assessment, although while they say stuff was on the rise anyway (true), the improvement accelerated under Trump.



you hated the growth under obama because youre racist and you hated the growth under Trump because youre an establishment cheerleader. dude just stick to whatever privileged gig your privilege got you. despite your denial of math even cnn says wages rose during Trump’s administration due to his economic policies, until the pandemic likely created in a lab in commie country destroyed the future

https://amp.cnn.com/cnn/2020/09/15/politics/census-median-income-poverty-2019/index.html

This post was edited by excellence on Jun 8 2021 09:26pm

Give up. This thread sucks.

This is a misunderstanding of how stock buybacks work.

When a company can't do anything more productive with its cash, it often makes sense to return it to shareholders. They can do this in the form of distributions or buybacks. If the company believes its shares are undervalued, it will use that cash to buy back its own stock. This is not temporary, nor is it dilution. The number of shares is permanently reduced and each remaining share represents an increased ownership share of the business, thereby raising its price.

The cash used to buyback stock is not wasted. It is returned to the market as shares owned are bought back and retired. That forms the basis of new capital that can be invested in productive enterprise. When Delta's price collapsed, shareholders were the ones who lost. The $500 million wasn't "lit on fire" except from their shareholders perspective. From the perspective of the wider economy, it was just $500 million changing hands.

Stock buybacks can be both a good and bad use of cash, but they do not drive lay-offs in and of themselves. Companies are not going to stockpile cash endlessly, and if they do not have sufficient cash on hand when a crisis hits, they will need to find some way to reduce expenses. Covid was a disaster to airlines, and the industry is brutal and unforgiving in the first place.

Companies have a fiduciary obligation to shareholders. When more spending is unlikely to lead to growth, and investment is unlikely to be productive, it makes sense to send the cash flow back to shareholders, who can find something more productive to do with the money. This is completely separate from the subject of employee pay. Employees don't own the company, so there's no reason to expect that the extra cash should suddenly result in dramatically higher wages. That is a much longer, and indirect process that results from growth and an increased demand for labor.

No they do not, complete myth.

median income was already rising. learn basic economics. median incomes will rise during an economic expansionary period which is what we have been in since obama's 2nd term.

trumps tax cuts did not magically just increase the median income. most of those large corps who benefited from the tax cuts used them on share buy backs lmao.

This post was edited by Budgeting on Jun 8 2021 09:50pm

you went from trying to being moderate to just full on trump sucker. lmfao, this guy calls everyone who disagrees with him a pale lefty while him and his buttbuddy endlessvirgin look like this;




you literally are a huge snowflake lmfao

This post was edited by Budgeting on Jun 8 2021 09:53pm

Too high iq for you i guess, i think its great.

anything is too high for him

I saw an article the other day, Activision Blizzard has like 3 billion profit/cash that no one knows what they'll spend it on