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We bring the money back, but systems need to be put in place to keep the money here.
by Decabytes 9y ago
We bring the money back, but systems need to be put in place to keep the money here.
- robbiep 9y agoThe statement ‘keep the money here’ assumes that the money was the US’ to begin with. But it wasn’t, it was foreign earnings through sale of products. And US companies should spend it how they see fit, ideally to drive further growth. That will likely involve sending some away again. But in an economically half-rational world that will drive a multiplier effect that will drive further growth