Obama "jobs" czar moving GE xray division to China...

[CosmicCowboy]

http://articles.boston.com/2011-07-26/business/29817324_1_ge-healthcare-x-ray-business-china-last-year

[ChumpDumper]

Highly misleading and disingenuous, CC.

[Winehole23]

Must be because Obama hates America so much. Demand for x-ray tech in China couldn't possibly account for it

[George Gervin's Afro]

or the cheap labor..


just sayin

[CosmicCowboy]

Highly misleading and disingenuous, CC.

How is it misleading?

Is Jeffrey Immelt not the CEO of GE?

Is Jeffrey Immelt not the head of Obamas task force on "Jobs and Competetiveness"?

Is Immelt not packing up and moving their xray division to China and hiring and training chinese engineers and support staff?

The same GE that got 140 Billion of Tarp money and pays no taxes?

[boutons_deux]

More evidence that US corps don't need US consumers, or employees, anymore. All their profit growth and job creation is overseas, job destruction is domestic.

Globalization is great. Uunregulated capitalism. Repatriate (Chinese) profits at 5% inevitable. I'm sure the GE capitalists will be paying plenty of bribes to the local Chinese communist apparatchiks.

[Wild Cobra]

We should continue to make the technology here. Once the Chinese learn how to make it, they won't need GE any longer and will just copy the stuff.

[ElNono]

We should continue to make the technology here. Once the Chinese learn how to make it, they won't need GE any longer and will just copy the stuff.

You're too late. I have zero doubt that the vast majority of GE equipment, including electronics are made in China.

[ChumpDumper]

I thought a business' not paying taxes was a good thing.

[4>0rings]

I thought a business' not paying taxes was a good thing.
:lol

[TDMVPDPOY]

train chinese engineers or move ur shit overthere, in the end you lose once they learned shit from you or steal ur secrets and start up a factory across the road from you....fkn fail