GE tells American workers to go to hell, ‘First Arkansas News’ announces new series
You want to talk about timing? Just yesterday, we at First Arkansas News posted an article about the growing interest in buying American-made products and — before the pixels were even cold on that one — General Electric announced it’s moving a bunch of jobs to China.
That ironic announcement — we’ll get to it in a minute — has prompted an expansion of the aforementioned article into a series of them. We’ve already heard from Roger Simmermaker of How Americans Can Buy American and we’ll hear from Don Rongione of American Made Matters in the next day or two about the economic impact of the loss of manufacturing jobs throughout the nation. Expect other articles to follow.
Now, back to GE.
GE Chief Executive Officer and Chairman of the Board Jeffrey R. Immelt managed to make both Republicans and Democrats look bad by announcing his company is moving its international X-ray headquarters from Waukesha, Wis., to Beijing, China. That move is part of GE’s broader plan to invest $2 billion in China.
While that may be par for the course for American businesses these days, it ought not be for GE. Why? Because Immelt — an alleged Republican — was appointed by Democrat-in-Chief Barack Obama in January to head up the the President’s Council on Jobs and Competitiveness. That’s right — Immelt is one of those businessmen who is supposed to find ways to create jobs here rather than, say, China.
The whole scenario looks even worse when one considers that the government has bent over backward to deliver all sorts of competitive advantages to GE. The company made $14.2 billion last year and paid no income taxes to the federal government. After months of telling American companies that it’s in their best interests to create American jobs, Immelt announced his company is creating a bunch of jobs in China.
So, he’s a self-described Republican hired by a Democrat to head up a job creation group and he leads a company that is doing, well, exactly the opposite of what Imment says American companies should be doing. Uh, which party wants to claim that Immelt cat now?
Expanding investments in China when the national unemployment rate is an alarming 9.2 percent? Good going, Imment — you are the very embodiment of why the economy is a mess and why we’re in trouble.
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Benton resident. Rogue journalist. Recovering attorney. Email = Ethan@FirstArkansasNews.net.