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URL:  http://boards.fool.com/please-dont-give-me-that-crap-about-global-30303880.aspx

Subject:  Re: Jack Welch hates Obama Date:  10/6/2012  10:42 AM
Author:  lowstudent Number:  1821724 of 1966968

Please don't give me that crap about global competitveness. That's like the salesmen who can't make a margin, but sells like crazy, and says he's making it up in volume. If Welch was so smart he would have figured out how to make a profit, and still keep the American economy thriving. Any schmuck, can move to the low cost producer, but a real genuis figures out how to help all boats rise in his own harbor.
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What the hell are you talking about. Competing with someone who sells better stuff for the same price is nothing like someone dumb enough to believe they can make up for profits for selling more at a loss.

But, if you do want to go with an analogy like that?

Well it is an AWFUL lot like a President, who wants to claim to be the education President by getting college educations for students who have just come from a school system that did not teach them anything all the way through high school, largely because of what he and those he endorses have done already.

You have one candidate that wants to make a climate where we can compete with those global competitors through saner policy. They do exist, whether you make believe they do not or you don't -- we have a sitting President who is an economic illiterate from all evidence to date.

Playing make believe is not going to help anyone.
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