Tim Ryan: “the ultimate question is, and that is why we need to issue a reform agenda for the country, because it just seems like…”

“the ultimate question is, and that is why we need to issue a reform agenda for the country, because it just seems like nothing is really working right now the way the system is currently set up, and there are a lot of arguments against it, but it is based on a world that really no longer exists. The idea of comparative advantage, the great free trade concept of comparative advantage is from the 1800s. I mean, trying to apply it to a society today that is so much different than it was a few hundred years ago. So our reform agenda that the Democrats are promoting is to reform the way government works. Whether it is the way workers here who have created a lot of wealth and their wealth is then invested into China, to steal their own jobs and wages and benefits and everything else, or to argue literally for a supply-side economic theory where you cut taxes for the top 1 percent, and, the theory goes, they invest in the United States and that creates wealth here. Well, who in their right mind thinks a millionaire who gets a couple hundred thousand dollars back is investing in the United States? They are investing the money in China or they are going to invest it in mutual funds in different investment schemes in China. They are not investing it in the United States. If people were investing in the United States, companies like Delphi would not be going bankrupt. And that is the bottom line. The question for America is, Who is investing in the United States today?…”