> Balance of payments data show that U.S. firms repatriated $777 billion in 2018, roughly 78 percent of the estimated stock as of end-2017 of offshore cash hold

> Balance of payments data show that U.S. firms repatriated $777 billion in 2018, roughly 78 percent of the estimated stock as of end-2017 of offshore cash holdings This is good for the U.S. economy compared to leaving it overseas. Even if it goes into share buybacks, higher asset prices mean businesses can afford to raise capital more cheaply and asset holders (retirees) gain an influx of cash. There's no real reason offshore cash holders would invest their excess cash. If they could do so profitably and sustainably then they would've sold bonds at insanely low rates already to fund those projects. Creating more jobs is not as simple as tossing more money at the problem.