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The Oil Industry Demonstrates Why Limits On Share Buybacks Are Unwise

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The experience of the U.S. petroleum industry suggests that proposals to limit share buybacks would have serious negative consequences

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The point is,if wages go up,demand goes up. More of each dollar given to a worker goes BACK into the economy than that same dollar given to a wealthy person. You know this. Supply-side economics is EXACTLY the problem. Stock buybacks are anti-market and should be illegal (again)

Very insightful, no nonsense article on the complexities of the oil industry, how it impacts our country and its reliance on others to meet the demand.

As a rule am against taxes but this is probably the one and only thing I agree with democrats on... share buybacks tend to work against the companies that exercise them. GE spent 100 billion buying back its stock. Look at the price today!

buybacks are a symptom of the times. let's not get confused

Dems are on open attack mode, and will do whatever they can, to obstruct American economic success.

Share buybacks are a form of wealth extraction by corporations. In real sense, firms that begin with shareholder capital and debt, could eventually buy back and own themselves (via holding companies), meaning, they could eventually equally exploit everyone. RogueCapitalism.

Pictured is the poster woman for hormonal imbalance and her partner Grandpa Munster

well noted forbes

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