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If you read the article you would know that labor wage increases are laughably low compared to share buybacks. Raising salaries 10% would barely even touch cas
by nimish 8y ago
If you read the article you would know that labor wage increases are laughably low compared to share buybacks.
Raising salaries 10% would barely even touch cash returns to shareholders
- madengr 8y agoYou conveniently ignored the 8% drop in AA stock. Doesn’t matter if that was due to dividend reduction or spooking investors, it’s still a big drop.
- nimish 8y agoAnd Wal-mart shares rose by 8% in the year after they announced wage increases. The broader issue is that shareholders have deluded themselves into thinking that they are the end-all-be-all of a company when in fact their contribution is limited.