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submitted 1 month ago by 101@feddit.org to c/workreform@lemmy.world
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[-] sin_free_for_00_days@sopuli.xyz 15 points 1 month ago

Jokes on them workers! Boeing used all that excess cash they got by poor pay and shitty work to jack up their stock through stock buybacks. Which just helps out the rich. If you don't know the subject, look up some articles. It's almost universally seen as a pretty fucked up, economically, idea. It used to be illegal, as it is seen as market manipulation, but thanks to St. Reagan it came roaring back in '82. It also feels great that a lot of big companies receive gov't help, and have used that money to buy back stock and give wealthy more money. Just another example of taxpayers subsidizing the rich.

this post was submitted on 15 Sep 2024
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Work Reform

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