Summers: Repatriated Cash Won’t Boost Investments

The video discusses the US productivity revolution and the potential impact of repatriating money back to the US. It examines how this money could be invested into productive capacity and the effects of lowering tax rates. The discussion highlights challenges, noting that companies with overseas cash also have domestic cash, and repatriated funds may not lead to new investments but rather be used for dividends and share buybacks. Historical analysis from the Bush administration shows limited new investment from repatriation. The video concludes with potential risks, including large capital flows and dollar adjustments, with minimal stimulus to new investment.

What is the main topic discussed regarding the productivity revolution in the United States?

How does Donald Trump propose to repatriate money back to the United States, and what implications does this have for investment?

What are the potential consequences of repatriating cash for companies with large overseas cash reserves?

What findings were reported by Republican economists regarding the effects of repatriation during the Bush administration?

Why does the speaker consider the current situation regarding capital repatriation potentially dangerous?