GE Calls For More Exports from the US
Based on Reasoning, Critic's Realm, Featured June 26th, 2009
On the way to work this Friday morning I was listening to NPR (National Public Radio). They broadcasted an interview conducted by host Renee Montagne with General Electric’s CEO Jeffrey Immelt. Mr. Immelt spoke at an economic forum in Montreal earlier in June. He is asking for the United States to increase its exports, especially in areas where there has been or there is a lot of potential for success. That’s great, I agree with him, but he also states that American companies and products have to be competitive in the countries they are being sold in. He often used China as an example.
I’m all for “Made in America”. There are American made products that can be competitive in China, but we have to remember that Chinese workers work for very little, long hours, and under conditions that will not be allowed in America. These and number of other factors, like unions, cost of living, health care, taxes, etc. are affecting the cost of manufacturing these “competitive” products for the Chinese market. Because of the labor laws, or lack there of, and inexpensive manufacturing cost so many products are made in China and so many American jobs are outsourced to that…
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