Stock buybacks last year almost a trillion

[rambot]

900B last year.
Expected over s trillion this year.

https://www.reuters.com/markets/us/...-1-trillion-buybacks-goldman-says-2025-01-16/

Every cent of that money could have gone to workers. Or what if just 50%. Nope. None of it did.
Barely a meaningful increase in wages.

We complain about affordability when the money keeps trickling up.

The dragon hordes are getting bigger and some are happy so long as some downtrodden are removed.

 

[Nithavela]

900B last year.
Expected over s trillion this year.

https://www.reuters.com/markets/us/...-1-trillion-buybacks-goldman-says-2025-01-16/

Every cent of that money could have gone to workers. Or what if just 50%. Nope. None of it did.
Barely a meaningful increase in wages.

We complain about affordability when the money keeps trickling up.

The dragon hordes are getting bigger and some are happy so long as some downtrodden are removed.

It is my firm belief that a significant part of the conservative voters imagine themselves to be billionaires who just haven't made it yet and are happily rigging the system for their future selfs.

 

[GoldenBoy89]

It is my firm belief that a significant part of the conservative voters imagine themselves to be billionaires who just haven't made it yet and are happily rigging the system for their future selfs.

There’s no poor people in America. We’re just temporarily embarrassed millionaires.

 

[Aryeh Jay]

There’s no poor people in America. We’re just temporarily embarrassed millionaires.

Waiting for that disability check so we can buy lottery tickets and get a bucket of tar to fix the leaking trailer roof.

 

[GoldenBoy89]

Waiting for that disability check so we can buy lottery tickets and get a bucket of tar to fix the leaking trailer roof.

There’s no tariffs on lottery tickets either. It’s good to spend the money domestically.

 

[Aryeh Jay]

There’s no tariffs on lottery tickets either. It’s good to spend the money domestically.

You can't win if you don't play.

 

[iluvatar5150]

Maybe if corporations buy the dip, my 401k can get back to where it was when Biden was president.