Welcome to the Hardcore Husky Forums. Folks who are well-known in Cyberland and not that dumb.
Companies will invest in employees with the tax cuts
2001400ex
Member Posts: 29,457
in Tug Tavern
Also, fun fact of the day. Employment grew more the last 21 months of Obama than the first 21 months of Trump.
It is the first time Berkshire has bought back stock since 2012. The decision, announced in a quarterly filing Saturday, illustrates the scarcity of attractively priced projects and deals that can satiate yield-hungry investors and firms more than nine years into a bull market.
A legendary value investor best known for striking deals when prices are low, Mr. Buffett has struggled to find large investments that aren’t overvalued. Berkshire hasn’t made a major acquisition since it bought Precision Castparts Corp. for about $32 billion in 2016.
https://www.wsj.com/articles/warren-buffetts-berkshire-hathaway-repurchases-more-than-900-million-of-stock-1541248428
It is the first time Berkshire has bought back stock since 2012. The decision, announced in a quarterly filing Saturday, illustrates the scarcity of attractively priced projects and deals that can satiate yield-hungry investors and firms more than nine years into a bull market.
A legendary value investor best known for striking deals when prices are low, Mr. Buffett has struggled to find large investments that aren’t overvalued. Berkshire hasn’t made a major acquisition since it bought Precision Castparts Corp. for about $32 billion in 2016.
https://www.wsj.com/articles/warren-buffetts-berkshire-hathaway-repurchases-more-than-900-million-of-stock-1541248428
Comments
Hi, hondo
Who gives a fuck if these companies buy back stock? It’s their money. This brings us back to the 3%. If 3% of Americans can’t even hold a broom, how can these companies invest in bigger workforces? What else are they going to spend their money on? Before you say, they should raise wages let me ask you this. Why would companies raise wages if competitors aren’t? Unless they can take quality workers from other conpanies, higher wages provide nothing for the company.
Obama reads a mean teleprompter, an important skill to the uninformed, but he was a shitty president on so many levels, particularly on the economy and foreign policy. Most anemic "recovery" from a recession in 80 years and he managed to completely destabilize the middle east while nuclearizing Iran. Thanks Obama. Add to that, less than 1% growth near the end of his term. I like the "new new norm" a lot better. Sanctions on Iran, more job openings than unemployed and "impossible" growth rates.
"noun: structural unemployment
unemployment resulting from industrial reorganization, typically due to technological change, rather than fluctuations in supply or demand."
Have the liberals here always been this fucking lame?
Also seems to me that a stock buyback is good for the shareholders and raises the value of their shares instead of the company sitting on a boatload of cash.
https://bloomberg.com/news/articles/2018-07-06/participation-rate-emerges-as-fed-s-big-job-market-mystery
TLDR our labor participation rate should be going down with all the boomers retiring but instead it's stable because of all the people being added back into the workforce.
On tax cuts, Republicans said: will increase job as companies will use the money to invest in businesses and employ people.
Democrats said: businesses are already flush with cash. All they will do is buy back stock, which enriches the wealthy and does very little for the middle class.
Guess who was right?
Not to mention that job growth is slower the last 21 months than the last 21 months of Obama. What does that fact mean?
Putting stupid regulations in place that hardly affect major corporations but jam up small and medium businesses is all they do.
Pandering to their shitty poor base by screwing over local businesses in the name of "stopping corporate malprwctice' is the move