11/13/2019
https://congress.gov...
"The Loan Guarantee Program was initiated by a Republican Congress and a Republican President in 2005."
"The rise in payouts to shareholders may be related to the decline in the startup rate of young firms who are more likely to reinvest their cash flow than mature firms."
"Buy-backs, as we know, can make earnings reports look better and improve short-term executive compensation, and foster short-term thinking in the corporate governance."
"Prior to 1982, buy-backs were a very limited use of corporate profits."