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Having your money in stocks is having it in the economy. Buying a stock is loaning your money to other companies who use it to get stuff done, which requires hi
by GarrisonPrime 9y ago
Having your money in stocks is having it in the economy. Buying a stock is loaning your money to other companies who use it to get stuff done, which requires hiring people and paying them.
- WhompingWindows 9y agoOkay, you claim that companies will use cash to hire new employees. Well, let's look at a real case. The recent bolus of cash from the tax bill: how much of that went for new hiring, vs paybacks to stock holders or bonuses/raises for CEOs? I'm not an economist but my understanding is that it is a mixed report, many of the companies have NOT helped their workers, though a few have. Relative to the long-term debt-busting nature of the recent bill, it seems this is not a fair recompense for the pain that will come in the 5-year time frame, when middle-class tax cuts evaporate and we're left with just the tax cuts for the wealthy and corporations, yet no budget balancing.