Does the corporate buyback of stocks artificially inflate the GDP?

FOX news and other right wing outlets have been bragging about the GDP growing to over 3%, largely due to Trump. They also attribute this growth to the unemployment numbers dropping with millions of jobs created since the election. Just looking around, it doesn't seem that businesses are doing any better. They actually seem to be doing worst in many cases.

Showing 1 reaction

How would you tag this suggestion?
Please check your e-mail for a link to activate your account.
  • Gary Thompson
    published this page in Ask Prof. Wolff 2017-10-30 14:52:48 -0400