The chairman of the President Barack Obama's Council on Jobs and Competitiveness, Jeffrey Immelt, the CEO of GE, praised China this morning on CBS:
"China is changing," said CBS host Charlie Rose. "It may be being stabilized as we speak. What does that mean for China and what does it mean for the United States? Should it change expectations?"
"It is good for China," said Immelt. "To a certain extent, Charlie, 11 percent is unsustainable. You end up getting too much stimulus or a misallocation of resources. They are much better off working on a more consumer-based economy, less dependent on exports. The one thing that actually works, state run communism a bit-- may not be your cup of tea, but their government works."
Popular Posts
-
The dam finally burst Wednesday as the mainstream media was forced to begin addressing the many very serious unanswered questions regar...
-
Are Card. Wuerl's pastors closet Obama supporters? Dissent within the Archdiocese of Washington D.C.Remember when I posted about how disappointed I was with Card. Wuerl because I did not hear his letter against the HHS mandate read during t...
-
If video fails, click here or go to http://divine-ripples.blogspot.com/2011/03/video-massacre-of-israeli-family-by.html (This video was c...
-
If video fails, click here or go to http://www.lifesitenews.com/news/california-passes-bill-mandating-pro-gay-teaching-in-schools-no-parent...
-
I was taken for a heart procedure last week and brought back a few lessons that may be helpful to you. Before the procedure, I was asked ...
-
Lila Rose has been criticized of unenthical behavior in her efforts to expose the immoralities and illegal activities of Planned Parenthood ...
-
Dr. Rubinstein asserts that Obama supports the destruction of Israel because the creation of this state has been a historical mistake. If t...
-
Source:http://www.youtube.com/watch?v=d7z2RR1CgnQ or click here In this video, the dancing bra tells ghosts stories. While snowed in, I...
-
Click here for source or type http://www.youtube.com/watch?v=3sTy26XYyN4 In a poignant and powerful metaphor, this video presents the b...
-
No wonder people are conflicted. It's that approach-avoid conflict. This video explains it all. http://www.youtube.com/watch?v=9j3_Ki...
Blog Archive
- ► 2013 (529)
-
▼
2012
(797)
-
▼
December
(104)
-
▼
Dec 11
(7)
- Obama grants full support to Syrian muslim rebels ...
- MI: Democrat incite violence. Union thugs follow.
- Global Village Silent, Complicit with Blatant Anti...
- France leading Europe to banish islam
- Socialism is not Christian
- It is going to be like the Iranian uprising in Egy...
- Forward. Obama Jobs Chairman "Communist China ‘Wo...
-
▼
Dec 11
(7)
-
▼
December
(104)
- ► 2011 (540)
- ► 2010 (672)
No comments:
Post a Comment