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The Competition Myth
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Skepticism about the appointment of Jeffrey Immelt of GE (General Electric) to head the President's Council on Jobs
04/02/2009
Immelt was appointed to head the President's Council on Jobs and Competitiveness in January 2011. A review of blogs following the appointment by Harshaw of the New York Times showed skepticism considering the role GE is playing in transfer of jobs and technology to China, negligible corporate taxes paid by GE, GE's need for bailout funds of $16 billion for its finance unit, and the lack a position for removal of distortions in trade practiced by other trading partners including China.
Grouped Articles
Jeff Immelt’s Overhaul of GE Impeded by Falling Oil Prices
Wall Street Journal 03/03/2015
New York Times 01/21/2011
Volcker Out, Immelt in On Economic Board
New York Times 01/21/2011
New York Times 01/23/2011
Wall Street Journal 01/26/2011
Comparative Advantage and American Jobs
Wall Street Journal 01/26/2011
A realization that the idea of America transitioning to a services based economy without impairing jobs was fundamentally wrong
04/17/2006
The need for a strong and growing manufacturing base in the U.S. is one key realization for business leaders from the heads of Boeing, Intel and GE, and other business leaders to leaders in government. Failure to do this simply breeds a sense of pessimism about the future and creates an economy that leaves many productive people jobless, creates unsustainable trade deficits and foreign borrowing. Jeffrey Immelt says this in an op-ed piece in the Washington Post on the day he is appointed to head the President's Council on Jobs.
Grouped Articles
Does America Need Manufacturing?
New York Times 08/24/2011
Andy Grove: How America Can Create Jobs
BusinessWeek 07/01/2010
Wall Street Journal 10/02/2010
New York Times 02/08/2012
Growth isn’t enough to help the middle class - The Washington Post
Washington Post 02/14/2013
Why Manufacturing Still Counts in the U.S. Economy
Wall Street Journal 01/14/2015
Andy Grove and the scaling up at home that American companies need to do.
05/29/2010
Andy Grove brushes off talk of sending technologies and jobs much needed at home to China, with the talk he hears of "a China strategy." He doesn't see how an America with high paying jobs and mass of unemployed could work. He says American companies have failed to scale up, the way Intel did in the seventies. For every Apple employee there are 10 employees in China working on Mac's, Iphones, and Ipads. The idea of manufacturing as not important is misguided and he would like to see America rebuild its industrial base.
Grouped Articles
Wall Street Journal 05/29/2010
Wall Street Journal 10/02/2010
Apple Says App Store Sales Rose 50% in 2014
Wall Street Journal 01/09/2015
After Michigan Loss, Hillary Clinton Sharpens Message on Jobs and Trade
New York Times 03/09/2016
Andy Grove: How America Can Create Jobs
BusinessWeek 07/01/2010
Yuan Revaluation for China's Own Sake
Wall Street Journal 10/02/2010
GE (General Electric)
08/25/2010
Grouped Articles
Jeff Immelt’s Overhaul of GE Impeded by Falling Oil Prices
Wall Street Journal 03/03/2015
Wall Street Journal 08/25/2010
New York Times 01/23/2011
Wall Street Journal 01/26/2011
Wall Street Journal 09/06/2011
A Waiting Game at Finance Unit
Wall Street Journal 09/06/2011
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