obama's Job Czar-What a Joke!

Well here you have it you democratic union luvers! The height of hypocracy! It doesn't get any better than this! How can you possibly respect, let alone vote for scum like this?  When you don't allow the Free Market to act without strangulation by regulation, you end up with this. When the unions and the government can tell companies where they can or cannot set up shop because the unions don't like it, you are going to see much, much more of this. I will be putting up a list of all the big companies that have or are moving over seas. 

General Electric CEO, Jeffrey Immelt, obama's Job Czar, is moving jobs and economic infrastructure to China!!!

Jeffrey Immelt, the head of Barack Obama’s highly touted “Jobs Council”, is moving even more GE infrastructure to China.  GE makes more medical-imaging machines than anyone else in the world, and now GE has announced that it “is moving the headquarters of its 115-year-old X-ray business to Beijing“.  Apparently, this is all part of a “plan to invest about $2 billion across China” over the next few years.  But moving core pieces of its business overseas is nothing new for GE.  Under Immelt, GE has shipped tens of thousands of good jobs out of the United States.  Perhaps GE should change its slogan to “Imagination At Work (In China)”.  If the very people that have been entrusted with solving the unemployment crisis are shipping jobs out of the country, what hope is there that things are going to turn around any time soon?

Earlier this month, Immelt made the following statement to a jobs summit at the U.S. Chamber of Commerce….

“There’s no excuse today for lack of leadership. The truth is we all need to be part of the solution.”

Apparently Immelt’s idea of being part of the solution is to ship as many jobs overseas as he possibly can. A recent article on the Huffington Post documented how GE has been sending tens of thousands of good jobs out of the country….

As the administration struggles to prod businesses to create jobs at home, GE has been busy sending them abroad. Since Immelt took over in 2001, GE has shed 34,000 jobs in the U.S., according to its most recent annual filing with the Securities and Exchange Commission. But it’s added 25,000 jobs overseas.

At the end of 2009, GE employed 36,000 more people abroad than it did in the U.S. In 2000, it was nearly the opposite.

GE is supposed to be creating the “jobs of tomorrow”, but it seems that most of the “jobs of tomorrow” will not be located inside the United States. The last GE factory in the U.S. that made light bulbs closed last September.  The transition to the new CFL light bulbs was supposed to create a whole bunch of those “green jobs” that Barack Obama keeps talking about, but as an article in the Washington Post noted, that simply is not happening….

Rather than setting off a boom in the U.S. manufacture of replacement lights, the leading replacement lights are compact fluorescents, or CFLs, which are made almost entirely overseas, mostly in China.

But GE is far from alone in shipping jobs and economic infrastructure out of the United States.  For example, big automakers such as Ford are being very aggressive in China.  Ford is currently “building three factories in Chongqing as part of $1.6 billion investment that also includes another plant in Nanchang”. Today, China accounts for approximately one out of every four vehicles sold worldwide.  The big automakers consider the future to be in China.

Just a few decades ago, China was an economic joke and the U.S. economy was absolutely unparalleled.

But disastrous trade policies have opened up the door for a mammoth transfer of jobs, factories and wealth from the United States to China. China has become an absolute powerhouse and America is rapidly declining. Beautiful new infrastructure is going up all over China even as U.S. infrastructure rots and decays right in front of our eyes..

America is being deindustrialized at lightning speed and very few of our politicians seem to care. Back in 1979, there were 19.5 million manufacturing jobs in the United States. Today, there are 11.6 million.

That represents a decline of 40 percent during a time period when our overall population experienced tremendous growth. We used to have the greatest manufacturing cities on the entire globe.  The rest of the world was in awe of us. Today, most of those formerly great manufacturing cities are decaying, rotting hellholes.

Our politicians insisted that globalism would not result in a “giant sucking sound” as millions of jobs left America. But that is exactly what has happened. Sadly, most American families still don’t understand what has happened.  Most of them are still waiting for things to get back to “normal”.

Millions of unemployed Americans are dealing with incredible amounts of stress right now as they wait for jobs to start opening up again.  But the jobs that have been shipped overseas are not coming back.  In a globalized economy, it doesn’t make sense to hire American workers when you can legally pay workers slave labor wages on the other side of the globe.

Millions of good middle class jobs have been replaced by low paying service jobs.  Today there are huge numbers of Americans that are cutting hair or flipping burgers because that is all they can get right now. Many others are only able to survive because of the safety net. As the United States continues to bleed good jobs, stories like the one you just read are going to become much more common. So what are our politicians doing about all of this?

They tell us that we need even more “free trade”! Barack Obama says that we need more free trade. Allowing the destruction of our industrial capacity to threaten our national security is not a good thing. Allowing millions of precious jobs to leave the country is not a good thing.

The biggest corporations are making some extra profits by exploiting cheap labor on the other side of the globe.  Corporate executives love to shower themselves with larger and larger bonuses. But our current trade policies are not working for American workers.

 The United States is being taken advantage of, and the Democrats and the Republicans are both laying down like doormats and letting it happen. If you want to know where all the good jobs went, it is not a big mystery. They have been shipped out of the country and they are not coming back. Unless fundamental changes are made, things are going to get worse and worse and worse for American workers. So what is going to happen next?

It is up to you America.