It's not really a personal attack, it's an observation. You haven't actually elaborated on the parent's question but for some reason replied to me instead, which proves my point.
Not a personal attack, sure. I responded to the personal attack first my dude and responded to his post literally within one minute of your reply here.
Stock buybacks are stock manipulation by management and a means of tax evasion (raises the stock value in order for the big holders to borrow against held stock so benefiting from gains without paying taxes, something average holders don't benefit from) and add ZERO to the economy or the market. Companies using the funds as intended by a functioning market, either re-investing in the company, strengthening the company by holding in reserve, or rewarding investors with taxable income that then circulates in the economy and provides the expected tax funds.
Also your response to my was was again a personal attack in the form of 'observation'.
My point is that that can all be true about stock buybacks (which I disagree with your interpretation of, but anyway), but that is completely orthogonal to what was asked, which is, why would stock buybacks allow more time and less work for workers? That is what I meant when I said that people respond to such questions with something unrelated because they have no real alternate solution.
See my reply above regarding SouthWest, it's poor scheduling software that had huge impacts on flight crew up to and including reaching catastrophe in December 2022 that cost SouthWest a $1 billion expense, and the billions of dollars in stock buybacks SouthWest did in the run up to the totally preventable with investment in the company billion dollar failure (that had already been seriously impacting workers previously). This real world over a billion dollar loss example took me literally 2 minutes to come up with because your weak 'poster is dumb and their position literally is empty echochamber' annoyed me enough to hunt you a random real world example for my 'just an empty echochamber mentally weak take'.
Food for thought: I have never had a productive conversation with someone who thinks buybacks are market manipulation and see it as cue to disengage. IMO it is like debating with a sovereign citizen. They invoke a ton of technical concepts and jargon, but all with their bespoke personal definitions. Up means down and 2+2=5. We simply dont share enough common reality to communicate.
Indeed, it is tiring to talk to these folks and simply not worth reiterating the same point over and over when they bring up wholly orthogonal topics to the point at hand. It seems like their other comment threads are similar in nature.
