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Stock buybacks are not “trickle down” economics. It’s returning money to investors who then have to rebalance their portfolios and find something new to invest
by kortilla 3y ago
Stock buybacks are not “trickle down” economics. It’s returning money to investors who then have to rebalance their portfolios and find something new to invest in. This is what is good for the economy.
- jehb 3y ago> It’s returning money to investors I believe the parent commenter's point was exactly this. Giving money to the investor class and expecting it to benefit everyone is the definition of trickle-down economics.
- kortilla 3y agoThe comparison is leaving it with the company and hoping something good comes out of it. That’s also trickle down economics by that moronic definition.