General Electric CEO Jeffrey Immelt, the Head of Obama’s Jobs Council, is Moving Jobs and Economic Infrastructure to China at a Blistering Pace
Saturday, 30 July 2011 08:03
‘Jeffrey Immelt, the head of Barack Obama’s highly touted “Jobs Council”, is moving even more GE infrastructure to China. GE makes more medical-imaging machines than anyone else in the world, and now GE has announced that it “is moving the headquarters of its 115-year-old X-ray business to Beijing”. Apparently, this is all part of a “plan to invest about $2 billion across China” over the next few years. But moving core pieces of its business overseas is nothing new for GE.
Under Immelt, GE has shipped tens of thousands of good jobs out of the United States. Perhaps GE should change its slogan to “Imagination At Work (In China)”. If the very people that have been entrusted with solving the unemployment crisis are shipping jobs out of the country, what hope is there that things are going to turn around any time soon?’
I like this website very much so much superb information. “You can’t turn back the clock. But you can wind it up again.” by Bonnie Prudden.
I’m not sure where you’re getting your info, but good topic. I needs to spend some time learning more or understanding more. Thanks for wonderful info I was looking for this info for my mission.
Just a smiling visitant here to share the love (:, btw outstanding style and design .
I dugg some of you post as I cerebrated they were invaluable very helpful