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Because Donald does not care about the American people he cares about the rich and wants to make the rich richer and the poor poorer. Now with these tariffs it means prices are going up which hurt the average American and the poor the worst.
So, when a company buys back shares from say ABC pension fund and they now have $3million of cash what do you guys think they do with that?
Cash it out and have a bonfire?
Forgive me if this was already discussed in this thread. I've brought up the point before in other threads on this same topic but I doubt the usual suspects learned anything.
What do you think theya re doing with it?
Do you know the rate of increase of CEO salaries in the last 10 years?
CEO compensation growing faster than the stock market.
Whats the maximum salary a CEO should get? Whats the maximum salary increase a CEO should get? Whats the same in terms of their maximum comp package overall?
It would appear that the worst fears about the tax cuts might be happening as some economists predicted. Wages are not growing as the Republicans promised but instead falling. Adding in inflation, the average worker is falling even more behind. Instead of the tax cuts trickling down to employees via pay raises, companies are instead choosing to use the savings on stock buybacks. With prices for goods likely to soon increase with the Trump tariff wars, it will get even worse for the average worker.
Worker wages drop while companies spend billions to boost stocks
OP, do you wonder why the rich get richer while you don't? The difference between you and them is financial common sense.
We will always have good and bad economic times. In better times it's smart to reduce debt to weather adverse economic times, and later to grow the company. People should do the same with their own finances, instead people don't, many take on even more bad debt (vacations, toys, etc). Never preparing for the future, naively thinking the good times will last forever. When bad times hit (as they always will) those same people panic and blame everyone else.
You are not prepared, you get poorer, they are prepared and in now have the ability to take advantage of opportunities, they get richer
So op, you've shown that you have no financial common sense. The media is taking advantage of your lack of financial common sense to promote their agenda.
Because Donald does not care about the American people he cares about the rich and wants to make the rich richer and the poor poorer. Now with these tariffs it means prices are going up which hurt the average American and the poor the worst.
And you got your degree in economics where?
I watch and listen to business channels. Just heard one pundit today say China has more to lose in this tariff 'tiff' than we do although a few of our industries may suffer in the short term. They have changed their propaganda campaign, pulling back.
Do you know that we buy more from China than they do from us? Indulge in a little critical thinking to figure out what that means.
We will always have good and bad economic times and when times are better it's smart to reduce debt to weather adverse economic times. People should do the same in their personal finances, instead people don't, many take on even more debt, never preparing, thinking the good times will last forever. When bad times hit (as they always will) those are the people who panic and blame everyone else for it.
So op, you've shown that you have no financial common sense. The media is taking advantage of your lack of financial understanding.
you actually confuse your argument here. Times are good, so shouldn't corps be using the cash to pay down corporate debt? Instead the buyback shares and burn cash and pay out increased dividends. I would also argue that personal household finances and corp finance are not analogous...
Whats the maximum salary a CEO should get? Whats the maximum salary increase a CEO should get? Whats the same in terms of their maximum comp package overall?
That wasn't the discussion -- but worth discussing.
I don't believe in capping salaries -- but let's be real about what companies have been doing with their profits for the last 10 year or so and the tax credits. The big theory was all this extra cash was going to be invested in expansions. For the most part there has not been a huge capitan investment growth -- so far. Sure it still could come --but nothing yet.
Many of the jobs, huge manufacturing facilities being opened in the last two years -- were planned in 2014/2015 -- not with all the new found cash Trump has suppose to have given these corporations.
And again.....
Because I'm being realistic doesn't mean I'm advocating for a cap for anything.
The raises at my employer barely keep up with inflation. Last year, we had a "market adjustment" that raised pay for certain staff, probably to reduce turnover. Given the "excellent" economy, highly performing staff should see raises of more than 2%, and no hiring freezes.
That wasn't the discussion -- but worth discussing.
I don't believe in capping salaries -- but let's be real about what companies have been doing with their profits for the last 10 year or so and the tax credits. The big theory was all this extra cash was going to be invested in expansions. For the most part there has not been a huge capitan investment growth -- so far. Sure it still could come --but nothing yet.
Many of the jobs, huge manufacturing facilities being opened in the last two years -- were planned in 2014/2015 -- not with all the new found cash Trump has suppose to have given these corporations.
And again.....
Because I'm being realistic doesn't mean I'm advocating for a cap for anything.
Ok, you don't believe in capping salaries, but it sounds like you do believe in the government telling companies how and where to use their profits or capital reserves? Do we need a new government agency to review and recommend projects for each of the Fortune 1000 companies to work on? Does the federal government get to tell CVS what strategic direction to go in for example?
If you want to be totally realistic, the only solution is to lower corporate taxes to the minimum required, and let companies do whats best for their shareholders with the money.
Work for peanuts, when time comes to collect social security and Medicare the Republicans will make sure it has turned into peanuts also. Keep voting for the Treasonous party and see what you get in the end!
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