ACI in Real Clear Policy: Overcoming the Skills Shortage

If President Trump and the Congress move forward with tax reform, U.S. businesses stand to gain trillions of discretionary dollars from lower tax burdens, repatriation of their net profits held overseas, and incentives that would permit the expensing of capital investment. While this would give American businesses the capital they need to buy more equipment, they might still have difficulty recruiting additional workers with the right skills. And without the right labor inputs to match capital investments, productivity will remain low and this business growth initiative will fail…

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