Page 8 - Back Stock News Today : Breaking News, Live Updates & Top Stories | Vimarsana

They're great for shareholders and shareholders are everyday people in their 401(k)s. beyond gary's view who helped orchestrate this tax cut, now we're hearing from republicans and democrats, maybe buy babbs are too much. maybe we need to set limits. what's your overall thesis? >> this is not new. we had companies for a long time, 30 years that have bought back stock when they determined they couldn't earn a better return putting money into other projects. it's not virtuous to say corporations shouldn't buy back, not invest. we had a massive cap x bubble in the 1990s into 2000s. they built all...

To out sourced jobs and giving big tax cuts to the rich, make a fair tax system and the revenue should go tee infrastructure and health care. >> i think it the infrastructure, and i say betrayal. he spent the money in the tax cuts and that went to people in the top to buy back stock which all it did was screw the workers and fire people. it clearly is tracking the tour of the early caucuses and primaries starting in iowa, rather. going to new hampshireerse nevada, california. >> you know when you love your country, you fight for the people to make it work. the message i want to come out of thi...

That hiring has slowed. we have for 2018 have had an average well above 200,000. the unemployment rate and i say doesn't tell you much of the story, i have said this for 25 years. does remain low at 3.7% but it's not telling you the full story. >> reports are typically perceived as a measure of the economy on a whole and what we're seeing is steady growth but that steady growth is slowing. joining us live, john harwood. i want to stay on that for a moment because remember the president was saying gdp 4%, 5%, 6%. ceos talking about how big it would be but if you look at corporate america, right...

But household debt and corporate debt which is also at absurdly high levels. >> neil: right now -- >> was it -- >> neil: go ahead. >> write that down on the list accident though. as you think about it, the government doesn't help the economy. the consumer actually does. it's a good thing that consumers and corporations are good on the future and willing to pay dividends and buy back stock because they're confident about the future growth of the economy, aren't they? >> that's the most rose colored view of what's going on in the economy that i think i have ever heard. >> reality? >> corporation...

From the shareholders and gain a seat on the corporate board. >> one thing i want to put in place. the stockholder's own companies and management and employees. >> they agreed to buy back stock to stop his take over bid. the profit to pickens and his partners, $89 million. >> it is no secret that you made about a half billion dollars for losing on the attempted takeovers. do you go in anticipating the loss is going to stand you very well? are. >> you never like to lose, but if you lose and make money, it makes it easier. >> someplace a guy got up and said i have a question. he said you are mak...