We are creating jobs in China. Well to be more accurate General Electric is creating those jobs. To accomplish this effort GE is moving their facility from Waukesha, Wisconsin to Beijing. This is Waukesha biggest employer. It’s only been there for 115 years. In addition to moving headquarters, the company will invest $2 billion in China and train more than 65 engineers and create six research centers.
This is the same GE that made $14-billion in the United States last year, but paid no taxes – the same company that employs more people overseas than in the United States.
So let’s get this straight. President Obama appointed GE CEO Chairman Jeff Immelt to head his commission on job creation (Job Czar). He is supposed to help create jobs. I guess the President forgot to tell him in which country he was supposed to be creating those jobs.
