SHARE BUYBACKS HIT RECORD $1 TRILLION IN 2018
https://wdef.com/2018/12/17/share-bu...ion-in-2018-2/
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For that reason, buybacks have drawn criticism not only from progressive economists but from such unlikely sources as Sen. Marco Rubio. The Florida Republican recently said on Twitter that companies who buy their stock are “deciding that returning capital to shareholders is better for business than investing in their products or workers. Tax code encourages this. No surprise we have work life that is unstable & low paying.”
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even little Marco Rubio thinks this is going in the wrong direction