The Importance of a Balanced Economy

Tax system has encouraged offshore production of high markup components so that you can book office outside the US and get a tax rate well below 21. We could produce those here. That's something we can do on our own that no one, we don't need it. The rest of the world doesn't have to go along. But there are a set of adjustments globally which would bring a better balance between demand and supply between savings and investment.