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What is it that you find wrong with Ricardo's Theory of Comparative Advantage?
What's wrong is this Clown President's judgement in picking this fool.
Obama's responsibility is to Americans, not the Chinese. Obama needs to grow a spine and call out his handpicked economic advisor and fire him.
But that's asking a bit much of him isn't it. Obama hasn't the backbone to tell Mitch Mc Connel what he thinks of him and Mitch is openly gunning for him.
Not exactly the best choice for the self proclaimed "jobs" president, a better title would be the food stamp president.
Obama really doesn't have a leg to stand on when talking about business shipping jobs overseas. The head of his economic advisory board, the guy who has supported obama right down the line, runs the company that doesn't pay any taxes of tens of billions in profit and has no problem growing other country's economies.
And, by the way, GE is expanding or updating 16 of it's plants here in the US and beginning to bring manufacturing back from overseas.
Moreover, if the CEO of GE takes an action in his capacity as CEO of GE and that CEO also happens to be a non-paid adviser to the U.S. President, it isn't the President taking that action.
This thread is based on a logical fallacy.
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