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Corporations reinvest it and create jobs, the better idea would be to bail out companies but ban stock buybacks. You need businesses, or else jobs won’t exists
by zalkota 7y ago
Corporations reinvest it and create jobs, the better idea would be to bail out companies but ban stock buybacks. You need businesses, or else jobs won’t exists.
- lumost 7y agoPeople last longer than corporations. The entrepreneurs on this site often create multiple corporations.
- chrisbennet 7y agoCorporations only "reinvest and create jobs" if they have now choice i.e. the only add more waiters if they have too many customers. TED Talk: Nick Hanauer "Rich people don't create jobs" https://www.youtube.com/watch?v=CKCvf8E7V1g https://www.youtube.com/watch?v=CKCvf8E7V1g As you noted, the spend and windfall on buybacks or maybe automation. https://arstechnica.com/tech-policy/2019/05/att-promised-7000-new-jobs-to-get-tax-break-it-cut-23000-jobs-instead/ https://arstechnica.com/tech-policy/2019/05/att-promised-700...