Just beat Up those Evil Business People

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Dolphin
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Just beat Up those Evil Business People

Post by Dolphin »

In January, the White House appointed Jeff Immelt (pictured), the CEO of GE, as its "jobs czar," charged with finding solutions to America's unemployment crisis. Three months later, despite some positive signs, employment rates have barely budged, Americans are more pessimistic about the economy than they've been in a while--and Immelt is under fire amid news that ( GE reportedly paid no taxes this year. )

And some new jobs data may not help things. The Wall Street Journal reports (sub. req.) that during the last decade U.S. multinationals reduced their domestic workforce by 2.9 million, according to Commerce Department figures. During the same period, those same companies increased their overseas workforce by 2.4 million. (Here's a chart that nicely lays it out.) As recently as the 1990s, things were different: Multinationals were adding jobs both domestically and overseas.
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E_
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Re: Just beat Up those Evil Business People

Post by E_ »

GE is a joke. :(
Buy American, the job you save just might be your own.
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