Re:Corporate Socialism: The Government Is Bailing Out Invest...
by zalkota on Thursday March 26, 2020 @08:30AM
(#22692842)
Corporations reinvest it and create jobs, the better idea would be to bail out companies but ban stock buybacks. You need businesses, or else jobs won’t exists.
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Re:Corporate Socialism: The Government Is Bailing Out Invest...
by chrisbennet on Thursday March 26, 2020 @10:07AM
(#22693666)
Corporations only "reinvest and create jobs" if they have now choice i.e. the only add more waiters if they have too many customers.
TED Talk: Nick Hanauer "Rich people don't create jobs" https://www.youtube.com/watch?v=CKCvf8E7V1g
As you noted, the spend and windfall on buybacks or maybe automation.
https://arstechnica.com/tech-policy/2019/05/att-promised-700...