By Liz Iacobucci
“Wondering what happened to America’s Middle Class? UMass Lowell professor William Lazonick has some numbers for you.
- Since 2004, top US corporations have paid 86% of their net income to stockholders through dividends and stock buybacks.
Why that’s important: Money paid out to stockholders is not available for long-term growth investments such as R&D, opening new facilities, updating equipment or hiring new employees.”…
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