From the story, "Corporate executives are using stock buybacks to pad their own compensation, according to the SEC", here:
Indeed, buybacks totaled $178 billion during the first quarter, hit a record $171.3 billion in May alone and have seen $51.1 billion announced so far in June, according to market data firm TrimTabs. At the same time, insider selling has totaled $23.6 billion.
Meanwhile Challenger, Gray & Christmas reports total hirings in the first five months of 2018 are down 48% from the first five months of 2017.
The Republican tax cuts are working out as predicted: Failing to provide jobs while enriching elites.
