Obama dead wrong about Romney and Detroit [Reader Post]

Here’s the pertinent part of the transcript

PRESIDENT OBAMA: Well, Governor Romney’s right. You are familiar with jobs being shipped overseas, because you invested in companies that were shipping jobs overseas. And, you know, that’s your right. I mean, that’s how our free market works.

But I’ve made a different bet on American workers. You know, if we had taken your advice, Governor Romney, about our auto industry, we’d be buying cars from China instead of selling cars to China.