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buybacks
Posted inEconomic Policy
How Stock Buybacks Undermine Sustainable Prosperity
The debate over buybacks is a debate over how to create more broadly shared prosperity. Here’s why their defenders’ arguments are flat-out wrong.
Posted inEconomic Policy
Bernie Sanders and Chuck Schumer’s Surprising Collaboration — and Weird Proposal — on Stock Buybacks
Sanders and Schumer target buybacks as a way to leak corporate profits to investors. But their solution is an unnecessary Rube Goldberg contraption.
Posted inMoney, Politics, and Power
The Curse of Stock Buybacks
For the past three decades, the overriding priority of American corporations has been paying their shareholders. That’s just what they’ve done with their tax cut.
Posted inEconomic Policy
The Vapid Defense of Share Buybacks
The Post gives defenders their say, and they don’t say much.
Posted inEconomic Policy
The Buyback Boondoggle Is Beggaring America
We need to make stock buybacks illegal, as they were before 1982.
Posted inMoney, Politics, and Power
Trump’s Big Buyback Bamboozle
Trump’s promise that corporations will use his giant new tax cut to make new investments and raise workers’ wages is proving to be about as truthful as his promise to release his tax returns. The results are coming in, and guess what? Almost all the extra money is going into stock buybacks. Since the tax […]
Posted inEconomic Policy
It’s Time to Ban Stock Buybacks
The Trump tax cuts have exposed how the Shareholder First economy benefits Wall Street investors and CEOs at the expense of everyone else.Â
Posted inMoney, Politics, and Power
How to End the Stock Buyback Deluge
The dramatic widening of income inequality reflects how the corporate mission has shifted over the last 35 years.
