Comments on: The Jobs Czar: General Electric's Jeffrey Immelt
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- Immelt has no clue or sympathy for the American working class. He says he doesn't understand why Americans aren't cheering for GE like Germans cheer for Siemens. He doesn't seem to understand that this is not a sports game with one country pitted against another. Why would we cheer for GE and Immelt when he has outsourced so many jobs overseas, leaving USA workers without jobs; used tax loopholes to pay almost no taxes although he says he supports corporations paying more taxes; and a proponent of allowing corporations to bring back huge sums of sheltered money from overseas tax free so it will stimulate jobs here. He admits they tried this in 2004 and it didn't work so why do it again? Just another corporate suit trying to help his corporate croonies. Try being sympathetic to the plight of the working class instead of just making huge profits to satisfy your greed.
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- Really?!?! The Jobs Czar? If he is serious about building in the United States, he has plenty of empty buildings over here in Fort Wayne where over 11,000 jobs used to be prior to outsourcing, rather than build new buildings. Come on man!!
Who on CBS News can I talk to in order to get an interview with the guy and ask him where his allegiance lies? Put your money where your mouth is. Over 11,000 jobs gone, show us you are serious! - Reply to this comment
- I just wanted to add another couple of comments.
I do agree we need to bring back manufacturing to America. Give the very lowest tax rates to the corporations that manufacture and employ workers in America - after all we won't be supporting them on government funds - double win.
Then also give small businesses and new businesses incentives to start up...give them a low tax rate for the first couple of years or until they are profitable (maybe even some kind of scale)...give incentives for every person (American-not illegal) they employ.
Give them incentives to help them and their employees fund retirement. It is often too hard for new businesses and mom/pop's to survive while the big corporations get all the breaks and then thumb their noses to us.
Tax the big corporations the highest especially those that take jobs and money out of the country. Tax heavily any product made for Americans and imported back into America if the same product can be bought or made here. Make that product expensive. Hey someone is getting their palms greased here.
Tax the large high end ticket items that only the very rich can afford - unless of course it is made in America - in which case they get a break - Ha
Increase taxes of CEO's income (and all their henchmen/henchwomen) of "public" corporations that make more than the President. Notice I said PUBLIC. I am all for capitalism after all.
If it is the stockholders that are taking our jobs away because of the bottom line then encourage these so called wizz CEO's to open up a privately held company employing AMERICANS and then pay them well...we should only be paying CEO's big bucks when they find ways to help us get back on our feet and employ Americans - not take away jobs and the principles this great country was founded on.
Notice I said AMERICANS - also we are employing so many foreigners to take jobs on VISAS - spend some money helping AMERICANS get the education they need to do those jobs. Americans are spending thousands of dollars on education with no hope of a job when they graduate.
Make the CEO's all move to Ireland or wherever they are stashing their money - why should they continue to reap the benefits of our country and our freedom - or make them move to some 3rd world country and see how safe they feel then.
Our sons/daughters are out fighting wars that help keep America safe and the greed that is out there is taking away jobs that these precious Americans need after they fight your war and come home to no job opportunities - a war which no doubt is making somebody rich.
They want their cake and they want to eat it too.
I agree the global economy is not always level playing field - but it is a option to "Capitalize" if you can figure out how to get in.
Give our people the dignity of working again and making this country a great place to live. - Reply to this comment
- We've lived for material things long enough in the U.S. Now the new realities that it couldn't last forever are setting in. The country is no longer competitive in the global market. Other nations are posed more favorably to succeed in the new order of things. We'll have to find our new place in the economy of the planet, which will not be as prominent or prosperous as before. But we can still partake of the great benefits of having trusted in our Lord Jesus Christ, which will assure us an eternal abode after this present life is over, and that's just something that nobody can take away from us. Our salvation will not be outsourced to a more competitive nation. Here, hard times await us, but at the end only the best will be ours, if we trust in Him. Time to start valuing the spiritual over the material. The spiritual will last forever.
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- Stahl-he's been accused of transferring technology to other countries as in his recent joint venture with China where a new GE computer system will go into a Chinese airliner that could eventually compete with Boeing.
Immelt: It's a way we can grow and it's approved by the U.S. government, it's in an important market around the world and it creates 400 jobs in the U.S.
Wow 400 whole new jobs. Very generous. That'll solve the unemployment problem. - Reply to this comment
- Well it took 12 pages of unanimous comments before I reached the immigrant, welfare cheat, Obama socialist bashers
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- BO is such a fool.
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- What? he wants to be CHEERED? You have got to be kidding me! He creates 300 jobs in US and 3,000 jobs in Brazil....And he wants to be cheered. He and his arrogance is the exact reason the protests are taking place across the county. Shame on Mr. Immelt and GE and the board of GE. he discussed me and made me sick to my stomach. I can not believe our President is seeking this man's advise? WHY?
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- The disgust was welling up while I listened to that interview and then Jeffry topped it off by saying we should cheer companies like his. Outrageous!!
GE made a water purifier. I think they quit. I think there are a lot of better ones out there. They make solar panels. Again there are many out there that are better. - Reply to this comment
- We need to bring manufacturing back to the United States of America!
Most US Citizens could care less about a "Global Economy", but they do care about being able to earn a living, their children's future and the future of our country.
The "Global Market Place" is not a level playing field! We need to bring manufacturing back to the United States of America! We should provide tax incentives and if necessary even partial subsidies to companies that manufacture products here in the USA with US Citizens, preferably with non-union employees. We also need to add tariffs that are proportionate to the inequities in wages and regulations in the country where the goods were produced and or where we're importing them from. We also need to bring customer support services back to the United States of America and staff them with non-union employees who are US Citizens. Both political parties sold out the American people by letting Wall Street open the floodgates. The people in these other countries deserve to earn a higher standard of living, but our leaders can't allow it to happen at the expense of the American people, who they're supposed to represent. Both the Democrats and Republicans have to stop just arguing along party lines and actually get things done that are in the best interests of the United States of America and all US Citizens, including the majority of our citizens.
We have to stop letting Wall Street and CEOs promote sending US jobs to other countries where they work for slave wages, no benefits, no OSHA safety standards or no real environment regulations. The "Global Market Place" is not a level playing field! Wall Street may have made higher profits by doing this, but they've been putting middle class Americans who are a good part of the world's customer base out of work. I'm not a lefty or member of any union. I run a business that employees 22 people and produces products that are purchased by customers that do manufacturing and packaging. I'm just an average Joe, but I've been saying this for more than 10 years now. If I can see it, so can our so-called leaders (political leaders) who are beholden to the same people who are exporting our jobs. We need a 3rd party that actually does what's best for all Americans (US Citizens) rather than just worrying about their party and winning the next election. Even though I usually vote Republican, I think they put the interests of Wall Street above the interests of the majority of Americans (US Citizens).
Again most US Citizens could care less about a "Global Economy", but they do care about being able to earn a living, their children's future and the future of our country.
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(Under Clinton jobs to China, Under Bush I & II influx of illegals or cheap easily abused labor into the US and jobs to Mexico/NAFTA)
We Also Need to Stop Illegal immigration:
They're not just doing jobs that Americans don't want. Do they pay taxes? Don't get me wrong most of these people work very hard, but are a drain on the system if they don't pay taxes, have healthcare coverage, learn the language or get paid wages that are inline with their American counterparts. We all know that the health care provided to uninsured illegals here in the states is being averaged into our hospital costs and our insurance premiums, which have proportionately increased along with illegal immigration over the last 20 years? And who's footing the bill for the education of their children and the infrastructure around them? (Under Clinton jobs to China, Under Bush I & II influx of illegals or cheap easily abused labor into the US and jobs to Mexico/NAFTA)
We should have adequate border patrols on both borders and a fence along the Mexican border. - Reply to this comment

