This repatriation will lower the cost of capital, create jobs, and significantly provide seed corn for some of the most dynamic sectors of our emerging economy, ... We have seen a subsidence of some of the investments we saw in the 1980s. As result, we have seen the U.S. economy not enjoy as much growth as it did in the 1980s. As a one-shot deal, this will provide a significant boost to capital at a lot of firms, the benefits of which will be felt for years to come.
-Phil English
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