>>In reality, as Reagan’s acting career faded and General Electric put him under contract as its spokesman, Reagan realized that GE’s conservative lexicon could be his meal ticket. The man who had once supported liberal candidates and fought anti-Communist zealots like Richard Nixon was suddenly America’s champion of the free market economy.
https://en.wikipedia.org/wiki/General_Electric_Theater
Reagan fired by General Electric[edit]
Reagan was fired by General Electric in 1962 in response to his reference to the Tennessee Valley Authority (TVA) as one of the problems of “big government”.[4] Reagan would subsequently reiterate his points in his famous 1964 televised speech for Republican presidential nominee Barry M. Goldwater of Arizona entitled, “A Time for Choosing”:[5]
I’m reasonably certain GE made a lot of money selling generators, switchgear, etc. to the TVA for all those hydroelectric, and later nuclear, facilities. Plus TVA was still growing at that time, so I’m sure GE management was upset with Reagan, who was upsetting the cozy apple cart of powerful constituencies within GE with such a statement.