May 14, 2018
Through the end of April, the big U.S. companies are on track to give their investors one TRILLION dollars through dividends and stock buybacks. That is the most they have ever given, in any year.
The investors getting all this money did literally nothing to earn it. They aren’t getting paid for managing the companies. And they certainly aren’t getting paid for working. No, they’re getting a cool trillion just for owning stocks.
Workers produced all that wealth, every penny. And for us, the economy is obviously not getting better. But it’s no wonder rich people think the economy is great. For them, it is!