GE chairman explains in op-ed: Bernie Sanders is a complete economic ignoramus

Canada Free Press ^ | 04/07/16 | DAN Calabrese

[Sean_Anthony]

Our word, not his . . . but the message is unmistakable.

Jeff Immelt has been around awhile as chairman and CEO of General Electric, and I’m sure Bernie Sanders is not the first blowhard politician he’s heard railing against big business without the slightest idea of how or why major companies do the things they do. So maybe it’s because Sanders is getting so much attention, or maybe it’s because he’s even more spectacularly wrong than your average blowhard, but Immelt felt the need to respond when Sanders accused GE of “destroying the moral fabric” of America.

And boy, did he:

Sanders says that he is upset about GE’s operations abroad — as though a company that has customers in more than 180 countries should have no presence in any of them. He never mentions that we are one of the United States’ prime exporters, annually selling in excess of $20 billion worth of American-made goods to the world. Nor does he mention that our sales around the world support our manufacturing base here at home, along with the thousands of U.S. companies in our supply chain. You want to cause big problems for our suppliers — many of whom are small and medium-size businesses — and their workers? The surest way would be to pull out of those countries and lose those customers.

[MasterGunner01]

Well, “complete economic ignoramus” describes virtually ALL socialists/communists. For them, the real world never intrudes into their bubble of rose colored reality.