https://www.cbsnews.com/news/at-t-got-a-giant-tax-cut-but-has-laid-off-thousands-union-says/
5 replies (most recent on top)
Hmmm I think they should be fined about $3 billion
This is old news. Nothing to see here. Move along.
Companies like at&T should be restricted to a maximum profit before being forced to share those profits with the workers 50/50. Shareholders have to many profits and it needs to go to normal people instead of the greedy 1%
The tax cut incentivized offshoring and stock buybacks. It really was misplaced. The reason the gdp and inflation are low is because people (the consumer) hasn’t kept up with inflation since the 70’s. All the gains of your labor have been pushed up to the top and they just sit on it. When real consuospwnd money it has a multiplying effect. And that has not been happening. For consumers to increase spending they have to go into debt almost canceling the multiplier
And about to lay-off 900 more...