Back in January Barack Obama named the CEO of General Electric, Jeffrey Immelt, head of his Jobs Council.
In July, the head of the Obama Jobs Council announced that GE was moving its x-ray business to China. At least 65 new jobs for engineers were expected in addition to staff.
General Electric’s health-care unit is moving the headquarters of its x-ray business from Waukesha, Wisconsin to Beijing to gain from Chinese growth, according to Bloomberg.
The company said only a few of its top managers would move to China, and that it expects no job losses at its Wisconsin office, that has 120 employees. GE Healthcare will however hire 65 new engineers and other staff at the new Chengdu facility.
In 2010 GE sent 500 people into China to boost demand for its products.
Since he became CEO, Immelt has cut 34,000 jobs in the US while hiring 36,000 people abroad.
This is how Obama deals with unemployment.
DrJohn has been a health care professional for more than 30 years. In addition to clinical practice he has done extensive research and has published widely with over 70 original articles and abstracts in the peer-reviewed literature. DrJohn is well known in his field and has lectured on every continent except for Antarctica. He has been married to the same wonderful lady for over 30 years and has three kids- two sons, both of whom are attorneys and one daughter on her way into the field of education.
DrJohn was brought up with the concept that one can do well if one is prepared to work hard but nothing in life is guaranteed.
Except for liberals being foolish.