Back when he agreed to advise the Obama administration on economics, General Electric CEO Jeff Immelt told friends that he thought it would be good for GE and good for the country. A life-long Republican, Immelt said he believed he could at the very least moderate the presidents distinctly anti-business instincts.More education for you, Had Obama NOT been in talks with Immelt NONE of these new American jobs would have ever happened you ignorant POS. Billions spent on NEW American factories is why GE paid no taxes. Educate yourself.
With about a month to go before the scheduled opening of the locomotive factory, GE Transportation, a division of General Electric, is still trying to fill its first 300 jobs.
The locomotive factory is under construction just west of Texas Motor Speedway. When complete, it will churn out GE's Evolution diesel-electric locomotives that a company official described as "the most fuel efficient and environmentally friendly heavy haul locomotive in the world."
Read more here: http://www.star-telegram.com/2012/12/26/45090...
Immelt doesnt think hes had anywhere near as much luck moderating the presidents fat-cat-bashing, left-leaning economic agenda of taxing businesses and entrepreneurs to pay for government bloat.
Friends describe Immelt as privately dismayed that, even after three years on the job, President Obama hasnt moved to the center, but instead further left. The GE CEO, Im told, is appalled by everything from the presidents class-warfare rhetoric to his continued belief that big government is the key to economic salvation.
Immelts conversion from public Obama supporter to a private detractor is important: It shows how even businessmen who feast off his subsidies worry about his overall economic agenda and its long-term impact on the economy.