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procon

(15,805 posts)
1. Its a feature, not a bug.
Wed Feb 28, 2018, 08:33 PM
Feb 2018

It's not like everyone told Trump this would happen. Even the CEOs agreed, they weren't giving anything to employees because that would go in the loss column. A stock buyback, however, would up the price of shares and makes them richer, so that goes in the profit column. Trump the billionaire genius, the graduate of Wharton Business school, and real estate magnate extraordinaire, can't even understand how that P&L statement works in real life.

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