Maybe you should enlighten us
Obama implied that making us more competitive will lead to more American jobs when GE under Immelt proved the exact opposite.
The percentage of American workers in the GE workforce has been declining for the last 10 years and will continue at an accelerated rate.
This at the same time that the total number of GE employees is declining.
Further GE under Immelt is also outsourcing supplier jobs as well.
Recently GE cut off a contract with a wind turbine factory in Indiana and shipped the work to China despite the factory offering to sell their parts at the same price as their Chinese competitors.
A wind turbine nacelle producer in California and Alabama lost half their volume to a Chinese producer of a nacelle that cost 25% more! Why? Promised volume in China.
Immelt has made GE more competitive at the cost of American jobs because GE is no longer an American company save that the profitability comes to America.