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And I'll add that before 1980 stock buybacks were illegal. One of the first things Ronnie did was make them legal. Companies stopped investing ion the business and paying good wages instead of transferring profits to shareholders and CEOs. Folks, don't let the plutocrats lie to you. when I was a kid the top tax margin was 90% and the economy THRIVED. Not only did our country have money for bridges and schools and moon rockets, but we had rich people too, and they had plenty of money to spend on rich people bullshit. @itsJeffTiedrich-

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And I'll add that before 1980 stock buybacks were illegal. One of the first things Ronnie did was make them legal. Companies stopped investing ion the business and paying good wages instead of transferring profits to shareholders and CEOs. Folks, don't let the plutocrats lie to you. when I was a kid the top tax margin was 90% and the economy THRIVED. Not only did our country have money for bridges and schools and moon rockets, but we had rich people too, and they had plenty of money to spend on rich people bullshit. @itsJeffTiedrich-
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The Icarian (the_icarian@federated.press)'s status on Wednesday, 18-Sep-2024 02:59:33 JST The Icarian

And I'll add that before 1980 stock buybacks were illegal. One of the first things Ronnie did was make them legal. Companies stopped investing ion the business and paying good wages instead of transferring profits to shareholders and CEOs.

In conversation about 2 months ago from federated.press permalink