Jobs for China but not for South Carolina? It’s GE and the Obama Way


Pajamas Media

Comments by Jim Campbell

GE whose motto used to be “We bring good things to life,”  and now should be ‘We bring good jobs to China, is not only moving their new imaging headquarters there, but have convinced the current administration using the delusions of Albert Gore Jr. to mandate a switch to GE’s compact fluorescent light bulbs throughout America.

These bulbs are laden, with mercury and  have been recently found to emit cancer causing fumes.  These bulbs along with GE’s Solar and Windmill technology are also made in China.   Perhaps Jeffery Immult, Obama’s “Job Creation Czar” might just get on with it and move the entire company the China, that seems to be the direction he’s going anyway.

That’s my story and I’m sticking to it, I’m J.C. and I approve this message.

That’s what we’re getting from the Obama administration. I’ve blogged at length about the NLRB’s unprecedented move to stop Boeing from opening its Dreamliner plant in South Carolina, which puts 11,000 American jobs in jeopardy. That’s Obama admin policy in action.

While that’s going on, Obama’s jobs czar Jeffrey Immelt has his company, GE, moving its entire health care headquarters not just out of a union state, but out of the United States.

General Electric Co. (GE)’s health-care unit, the world’s biggest maker of medical-imaging machines, is moving the headquarters of its 115-year-old X-ray business to Beijing to tap growth in China.

“A handful” of top managers will move to the Chinese capital and there won’t be any job cuts, Anne LeGrand, vice president and general manager of X-ray for GE Healthcare, said in an interview. The headquarters will move from Waukesha, Wisconsin, amid a broader parent-company plan to invest about $2 billion across China, including opening six “customer innovation” and development centers.

There won’t be any job cuts for the Boeing plant, either. Those are all new jobs, for American workers, that would help keep an American company competitive. But they’re non-union, so they’re apparently forbidden. Unless you put them in China.

The X-ray business, whose financial results aren’t reported separately by GE, will hire 65 new engineers and support staff at a new Chengdu facility, the company said in the statement. GE has hired “a large number” of engineers who are in training, LeGrand said. GE, based in Fairfield, Connecticut, also has a global research center in Shanghai.

“Over the next five years, China will be GE Healthcare’s most important growth market,” Rachel Duan, the China unit’s president and chief executive officer, said in Beijing.

The company wants to keep its leading position in providing medical devices targeted at higher-end Chinese customers, and also break into China’s growing market for primary health care, a key goal of the Chinese government’s health-care reform plans.

So GE is moving to China to keep its leading position in that field. Just as Boeing wanted to open its plant in South Carolina.

Where’s the Obama administration on all this? In Immelt’s pocket, evidently.

8 responses to “Jobs for China but not for South Carolina? It’s GE and the Obama Way

  1. GE is just doing what they’re supposed to. They are a private sector corporation. They have a duty to their shareholders to make the most profit for them that they can. That’s how capitalism works.

    China recently implemented a universal, single-payer healthcare system, so now they need a LOT of the equipment GE provides. They can give GE a better price for it AND with cheaper labor cost to make it, since the Chinese work cheaper AND the company won’t have to pay for their health insurance.

    They went where they can make more money. The regulations that used to prevent that were taken out of their way. That’s free trade.

    Should government force private-sector companies to hire people that cost them more to employee? Do we really want a government takeover like that? Where will it stop if we do?

    • Hi BD, all excellent points can’t disagree with any of them. It seems to me that the relation between GE’s Immult and the current administration represents a private sector agenda driven company that has little concern for the consequences of its actions. Their CFL’s are dangerous and forced upon us by a corrupt administration that believes in man caused global warming. Science has clearly refuted the lack of actual science behind the propaganda put forth by Al Gore and his eco-terrorist, lemming followers.

      Another item you apparently missed or I didn’t drive home well enough is this administrations incredible reach into the private sector in so many ways, in this case, not authorizing Boeing to manufacture it’s planes in a non-union state. What in the world is that all about are we still living in a Republic or are we now led by a “third world dictator?” In closing regarding your well articulated comments on private sector profit, following your reasoning, should should their be any companies making anything in this country and as many jobs possible must be moved to China, India or Vietnam among other places where slave labor is used and human rights are often violated. Thanks for taking the time to comment, your comments are appreciated. I’m J.C. I run this circus, please come back and visit.

  2. The government could slash corporate tax rates and regulations and encourage businesses to remain in the United States, and generate increased tax revenues in the process. But that makes too much sense, so Obama would never agree to that.

    I live most of my life in the Chicago area, and for decades I have seen businesses flee because of high taxes and burdensome regulations. The leftists will never learn.

    As far as General Electric, I have always argued that GE stood for “good enough,” meaning that they made products that were just barely good enough to last a few weeks before breaking.

    • Don I like your GE Good enough label I doubt slashing corporate income rates would have any positive effect. Look at GE, Zero Corporate income taxes and of course they had past bad years to carry forward etc. Factually, corporations just build their tax into the cost of the product, and make it a bit more difficult to sell. To get things rolling again, look to the RED states, why is their unemployment below the rest of the country? Because the provide a business friendly environment using low to no tax rates on companies that move there as an incentive. Just a thought and I’m sure much more complicated. Thanks Amigo, J.C.

  3. Smart move actually. Maybe if more companies do this we will fix our nation once and for all.

    Why a smart move? Simple, the US has the 2nd highest corporate tax rate in the world. So they are actually penalized by doing business in the US.

    You voted for it, you got it Socialism.

  4. I read this article about GE I guess being in Obama’s pocket is a nice place to be GE guy gets millions pays no taxes and screws the US and we lose more jobs. Man what else does Obama have to do before his admin. or anyone in Washington realizes he hates America.

  5. @dancingczars
    “should their be any companies making anything in this country and as many jobs possible must be moved to China, India or Vietnam among other places where slave labor is used and human rights are often violated.”
    That depends on what we feel the appropriate role and level of regulation is, of course. It also depends on what we feel the role and purpose of government is, as well. Is government supposed to hamper prosperity in order to force “morality” on other governments by interfering in *their* business deals?

    @The Obama Timeline Author & Francis Marion
    “The government could slash corporate tax rates and regulations and encourage businesses to remain in the United States, and generate increased tax revenues in the process.”

    “Why a smart move? Simple, the US has the 2nd highest corporate tax rate in the world.”

    The tax rates have nothing to do with this case as, regardless of the *actual* rates that are set, GE paid an effective tax rate of 0%. The current top *statutory* rate is 35%, but after loopholes and deductions, the amount that’s actually paid by the top companies averages to only around 29% (that’s by the companies who aren’t able to work the system as well as GE, Bank of America and ExxonMobil, of course). Here’s how they do it:
    GE: http://is.gd/MYVju7
    Bank of America: http://is.gd/cg4Q8y
    Exxon-Mobil: http://is.gd/uH5qyn

    *All* top marginally rates have been significantly reduced since 1980 (as we see here: http://is.gd/KzpQFn), and yet jobs continue to move overseas. I suspect the problem is not so much one of government, but of labor. Looking at the example of Boeing and South Carolina that dancingczars reminds us of, we see that the burden of excessive wages forced them to attempt to relocate to a more business-friendly environment. That friendliness wasn’t just in removing regulatory obstacles or tax burden, though.

    The workers of Washington are allowed to go on strike if they decide they deserve more than Boeing should pay them. South Carolina, on the other hand, respects the citizens’ right to work. Boeing currently averages a gross profit margin of only roughly 20%. Moving to South Carolina would allow them to improve that. By not being forced to pay more than their workers are worth, they can maintain or increase the dividends they pay to their investors.

    American workers expect too high of a standard of living in compensation for their work. The solution, obviously, is to abolish the most anti-competitive laws that the US has such as the minimum wage, employer-paid healthcare, overtime and sick leave. Once American wages are no longer artificially inflated, they can find a naturally competitive level and jobs will eventually return to the US.

    @Sharon
    “I read this article about GE I guess being in Obama’s pocket is a nice place to be GE guy gets millions pays no taxes and screws the US and we lose more jobs.”
    You can’t give Obama credit for this one, really. It’s been going on for years (here’s a report from 2001 that mentions more than half of US companies got to keep all of their profits in 1986. http://is.gd/PscvIr). It’s not just GE nowadays. It’s also Massey Energy, BP, Bank of America and Shell. None of those companies had any of their US profits seized, either.

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