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The 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 co
by robbiep 9y ago
The 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