Tuesday, July 12, 2011

Immelt On Recovery

USA will never recover as long as welfare queens like Jeffery Immelt has any say so.  Here is his advice:


"The people who are part of the business sector, the people in this room, have got to stop complaining about government and get some action underway," he told the group. "There's no excuse today for lack of leadership. The truth is we all need to be part of the solution."

Well, he would say that, wouldn't he? From a company who lives off welfare from the government, is constantly bailed out, this is a bit much.  A major reason we are in the trouble we are in is because of the existence of GE.  If GE was allowed to fail, due to the poor management of Jack Welch and Jeffery Immelt, then massive misallocated resources would be released to feed a recovery.


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