Professor Elam

Tuesday Nov 16 2010

Mish reports that China has ordered, no surprise, its own airplane, the equivalent of the Boeing 737. Now that we have given the Chinese the technology, they are using it to produce their own knock offs of our products. Given my experience with chinese socket sets, I am not sure I am ready to step to a three dimension airplane, but, the point here is that as Mish says, Obama is dreaming on doubling US Exports. And his job killing regulations and requirements like health care finish off any chance for that. Oh and first up on the buyer list, Obama supporter GE, thanks Jeff.