And of course, working the system so that his company not only does pay taxes, they get $3 billion back! Is anyone still kidding themselves this is about getting good jobs for the U.S.? They can tell us anything they want, but the record speaks
April 1, 2011

And of course, working the system so that his company not only doesn't pay taxes, they get $3 billion back! Is anyone still kidding themselves this is about getting good jobs for the U.S.? They can tell us anything they want, but the record speaks for itself:

After today's program aired, a GE spokesman, Gary Sheffer, e-mailed a response: "GE has added 6,000 manufacturing jobs in the last two years in the U.S., we believe in free trade and we are a large exporter to China," Sheffer said.

President Obama’s naming of General Electric CEO Jeffrey Immelt to a new post focused on creating US jobs has drawn cheers from the corporate community, and appears to reflects a change in tone from the White House with regard to big business.

But the head of a leading manufacturing association told us on ABC’s “Top Line” that the president’s choice sends the wrong message to many of those who are currently out of work – who happen to be some of the same voters the president needs to win back.

“He could have done worse, but he certainly could have done a lot better,” Scott Paul, executive director of the Alliance for American Manufacturing, told us.

“I mean, Immelt has outsourced a ton of jobs. They've closed -- GE has closed 29 factories in the last two years alone. And if you're trying to send a signal to those white, working-class voters that left the Democratic Party in droves in November, naming one of the country’s leading outsourcers as your chief strategy guy on jobs -- I don't think was the smartest move.”

Among other critiques Paul had was that Immelt has not taken a hard enough line with regard to China, a particular focus of the administration this week with President Hu Jintao in Washington.

“There's a lot of baggage there, and it’s not only in what GE has done,” Paul added. “And I mean there has been some … widely heralded moves by General Electric to open some clean-energy manufacturing facilities in the United States, but they're still outsourcing more than they're insourcing. GE has cut tens of thousands of jobs in this country over the last decade.”

“Meanwhile, they've created a lot of jobs abroad but beyond that, and I think what concerns me the most, is where Immelt is on some of this policy. I mean he says very good things about the need to invest in our infrastructure, our educational system, our innovation. But he's pretty weak-kneed when it comes to trade. And he, you know, he favors free-trade deals, which are highly controversial. But the one thing that he's not really willing to do is step up and get a little tough with China.”

Meanwhile, Russ Feingold's new group Progressives United is pushing Obama to get rid of Immelt. Go sign the petition!

Can you help us out?

For nearly 20 years we have been exposing Washington lies and untangling media deceit, but now Facebook is drowning us in an ocean of right wing lies. Please give a one-time or recurring donation, or buy a year's subscription for an ad-free experience. Thank you.

Discussion

We welcome relevant, respectful comments. Any comments that are sexist or in any other way deemed hateful by our staff will be deleted and constitute grounds for a ban from posting on the site. Please refer to our Terms of Service for information on our posting policy.
Mastodon