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So much for passing along the wealth
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General information
Forum:
Politics
Category:
Economics
Miscellaneous
Thread ID:
01657977
Message ID:
01657983
Views:
31
>>https://www.cnbc.com/2018/02/07/companies-ramp-up-stock-buybacks-following-passage-of-tax-law.html
>>
>>I'm shocked, shocked!
>>
>>On the other hand, I know of a couple of small companies whose managers are passing along some of extra profits to employees.
>>
>>It was insanity to expect that from the fat cats, I suppose.
>
>You mean trickle down economics hasn't worked? Yes shocking :)

It has worked <s>. Paul Ryan tweeted a few days ago (then deleted it later) that "a secretary at a public high school in Lancaster, PA, said she was pleasantly surprised her pay went up $1.50 a week..."
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