How Stock Buybacks Epitomise the Trickle-Down Scam

The Trump administration enacted a $1.5 trillion tax cut at the end of 2017 on the premise that it would have such a stunning and long-term impact on economic growth, it would pay for itself. Fast forward 18 months, and while growth indeed hit an impressive 4.2% annualised rate in Q2 2018 it has since been steadily dropping, with Q2 growth this year hitting 2.1%, dragged down by the worst business…