Meet Obama’s choice for head of Economic Advisor Panel

Besides the outsourcing of jobs, the double standards for “Buy American”, the sucking up to China, and the dislike of fair trade, he sounds great. Weren’t we supposed to have a Democrat in the White House? There seems to be an obsession in the administration with kicking the core supporters of the party. If we wanted GOP-Lite we would have voted that way. So much for “change we can believe in.” This is just sad.

General Electric CEO Jeffrey Immelt has fooled the media and the White House into believing that he cares about American manufacturing jobs. I have a hard time imagining a worse pick, unless Obama would have tapped Immelt’s predecessor Jack Welch, who seemed fine with the idea of putting factories on barges in search of the lowest wages in the world.

Let’s look at GE’s jobs record. You would have difficulty finding a company that has outsourced more jobs and closed more American factories than GE. While they have slashed their American workforce to fewer than 150,000, GE has dramatically expanded its global presence, now employing over 300,000 workers worldwide. Yes, GE has brought a trickle of jobs back to the U.S. over the past two years, but it still outsources more than it insources. And those executives at GE are not clueless–they realize the value of good publicity as it announces new hires at a time like this. But they do not devote nearly the same amount of publicity to their factory closings.

An American in Paris, France. BA in History & Political Science from Ohio State. Provided consulting services to US software startups, launching new business overseas that have both IPO’d and sold to well-known global software companies. Currently launching a new cloud-based startup. Full bio here.

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