4 ms·

The linked article seems to provide statistics indicating that it's not working. So I believe #2.

• Lazare 7y ago
  It didn't even address the point. It analysed what companies were doing, not what the recipients of the money were doing.
  • marmada 7y ago
    Oh, so the idea is that buying back stock is effectively just transferring money to investors? I guess that explains why I was confused by the parent comment. I still do believe that giving money directly to social/governmental programs is more effective then giving it to the ultra-rich who may or may not have an incentive to spend it in a way that aligns with the country's interests, but that's a topic for another day.