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Keeping money at the top

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Michael Cote

Posts: 10306
Nickname: bushwald
Registered: May, 2003

Cote is a programmer in Austin, Texas.
Keeping money at the top Posted: Jan 1, 2017 7:58 AM
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This post originated from an RSS feed registered with Java Buzz by Michael Cote.
Original Post: Keeping money at the top
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Given that the wealthiest 10% of Americans own 81% of all stocks and mutual funds, these uses of corporate cash are a direct transfer of corporate profits away from creating jobs and capital investment, increasing income inequality. And the repurchase trend has accelerated radically. Stock buybacks as a percent of capital spending have risen to … Continue reading Keeping money at the top

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