"Reinvestment wave. That cash doesn’t sit idle; it’ll flow into hiring, R&D, buybacks, and growth."
Bullshit. It will just go right into the pockets of the mega rich. Its not even the corporations money. Its the consumers who had to eat the price increases.
\>Reinvestment wave. That cash doesn’t sit idle; it’ll flow into hiring, R&D, buybacks, and growth.
LMAO
\>Consumer tailwind. Cheaper imports = lower prices. Everyone gets a de facto stimulus check through savings.
LMFAO EVEN!
*"Reinvestment wave"* I can see that as corporations know the non-AI economy is in recession and only way to get out of it is grow--new R&D.
But the temptation to just hand out big bonuses is huge. It's like your Uber dropped you off in the wrong place, at a the best strip club in town, and you found $ ~~1K~~ 2K in your pocket. Whatcha gonna do?
Is this satire? At every turn where corporations received any sort of windfall they used it to enrich themselves, meaning the top level execs and board.
Do we forget the litany of stock buy backs that were made over the last couple decades. 2008 bailout = stock buyback. Covid bailouts = stock buybacks. Companies could have increased wages, focused on R&D, etc. No they bought stock back, inflated the share price so they could sell at higher prices. It is a direct transfer of money from the government into the pockets of the CEOs and major investors.
I don't even post here but you are the biggest regard I've ever seen. The amount of copium you have to be ingesting to think additional company profits will ever be put into payroll, r&d, or lower prices is just...unbelievably naive.