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Inmate Central Inmate Central, where civil and family-friendly discourse about off-audio topics (other than religion and politics) is welcome. |
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In Reply to: RE: Future Questions? posted by pictureguy on July 23, 2020 at 23:55:57:
So where IS the money? Typically it is invested making jobs. and funding other money making activites which ALSO provide jobs.
It often isn't invested in making jobs. Look at Microsoft, Apple, Berkshire Hathaway, Alphabet. Last I checked, they were all sitting on over $100B in cash. A lot of companies who are cash rich are spending it on stock buybacks, not investing it in growth. Other companies are spending it on acquisitions, which rarely create jobs.
Small businesses are the ones most likely to invest in ways that create jobs, but they're too small to issue corporate bonds, so they can't benefit from the Fed's current buying spree. The current Fed stimulus is propping up the stock market, not creating jobs.
The bottom 1/2 of tax payers pay <5% of the total while the top tier pays over 1/2
Yes, but the distribution of wealth is far more unequal in the opposite direction.
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Follow Ups
- RE: Future Questions? - Dave_K 07/24/2013:23:49 07/24/20 (1)
- RE: Future Questions? - rivervalley817 13:49:21 07/24/20 (0)
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