Experience Stern | News & Events

Excerpt from Bloomberg -- "We need a serious approach to address the skills gap. What I'd like to see, for instance... So we have $2.5 trillion sitting off shore, and we were talking about tax reform. ... Even if you said to U.S. firms, we're going to allow you to bring all those $2.5 trillion assets back tax-free, just a 5% charge, to fund a national skills development pool, that would give you a $250 billion endowment to begin thinking about seriously addressing the skills gap, for instance. I've seen nothing that bold on the table to really say that we're going to address the downsides of globalization."

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