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>The short answer: to buy back shares. I don't understand the issue. Why should "you" have any say in how others decide to spend their money? The tax cuts ar
by navigatesol 7y ago
>The short answer: to buy back shares.
I don't understand the issue. Why should "you" have any say in how others decide to spend their money? The tax cuts are a separate argument.
>year later, we’re able to see how businesses used all that extra cash.
Post hoc, ergo propter hoc. Corporate cash balances have been inflated for a decade. The previous high was in 2007.
- ceejayoz 7y ago> The tax cuts are a separate argument. Nah. > Why should "you" have any say in how others decide to spend their money? Because they're getting it by lobbying to saddle me with the exploding deficit their cushy tax cuts have grown dramatically.