Remember those corporate bailouts last year?

Discussion in 'Economics' started by Cuddles, May 17, 2021.

  1. Cuddles

    Cuddles

    yeah...

    but let's bitch about competing w/300$/wk the government is paying in unemployment

    upload_2021-5-17_7-5-41.png upload_2021-5-17_7-6-1.png

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    https://www.businessinsider.com/stock-buybacks-record-2-billion-tech-bank-of-america-march-2021-3
    Corporate share buybacks are at a record high but capex and tax demands may slow the pace, says BofA
    • A four-week average of share buybacks hit a record of nearly $2 billion, according to research from Bank of America.
    • Wall Street may be on track for $900 billion of gross S&P 500 buybacks in 2021.
    • But buybacks may slow down if companies put more cash into capital expenditures.
     
    piezoe and Money Trust like this.
  2. newwurldmn

    newwurldmn

    The small businesses are the ones crewed by the 300/week
     
    Cuddles likes this.
  3. SteveM

    SteveM

    Time for CNN, Fox and MSNBC to run a new story about a black man being shot and killed by police.

    Seems to work well to distract the public and get the poorest 90% of the population to be at one anothers throats.
     
  4. Cuddles

    Cuddles

    This is just sloppy 3rds. They first got screwed during the bailout money grab. They got their second round of screwing during the CARES loan application process.
     
  5. newwurldmn

    newwurldmn

    trump was so good at that.
     
    piezoe, Cuddles and SteveM like this.
  6. newwurldmn

    newwurldmn

    @piezoe
    Why did you like this post. You have made the argument that those small businesses aren’t viable if they can’t compete with free government money for employees.