The White House and Jeff Immelt on Jobs: Compelling, Infuriating or Simply Irrelevant?

At the start of the week, Jeff Immelt, the CEO of GE and the head of President Obama’s task force on job creation, released an interim report on plans to boost employment in the U.S. The reactions have been relatively predictable. Immelt himself has come in for criticism — fair or not — as a corporate titan who has overseen job creation abroad and job destruction at home, and there has been no shortage of voices pointing to GE’s global profits that have not been subject to American taxation.

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