SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Sdgla who wrote (1169008)10/11/2019 12:29:47 PM
From: Jamie153  Read Replies (1) | Respond to of 1578256
 
Trump gave CEOs trillions in tax cuts. They didn't give the money to workers or invest in their companies. Instead, they spent over $1 trillion on stock buybacks.

How do we know these CEOs were wrong? 2019 will have the largest number of CEOs fired in US history. They're being fired because they bought back stock they couldn't afford (corporate debt is at an all time high), they supported tariffs which destroyed their business and they supported bankrupting us with debt using tax cuts.

The Fed was forced to lower interest rates twice to stop these dumb CEOs and Trump from putting us into another recession even though rates are already historically low.