President Obama’s Jobs Council Members are Outsourcing Jobs
GE and Boeing leading the way
It
is interesting to note that several of the “Jobs Council” members, CEOs of
fortune 500 companies, which serve on the panel, are involved to some extent in
outsourcing.
If
GOP Presidential hopeful Mitt Romney really wanted a good example of
outsourcing, he would have to look no further than the President’s appointed
Special Council Leader, Jeffrey Immelt. Jeffrey Immelt, the head of Barack
Obama's highly touted "Jobs Council", is moving more GE infrastructure
to China.
Jeffery Immelt of GE is one of the nation’s leading outsourcers over the last decade. "I know that despite the fact that 60 percent of GE revenues are outside the United States," he said, "I personally and this country share responsibility and accountability to make sure this is the most competitive and productive country in the world”.
Apparently Immelt's idea of being part of the solution is to ship as many jobs overseas as he possibly can.
Boeing, who’s CEO, James McNerney, also chairs the President’s Export Council, the principal advisory committee on international trade. Boeing has outsourced over 14,000 American jobs since 2008, according to a recent report by Public Campaign, a campaign reform advocacy group.
Nearly every part of the new Boeing 787 Dreamliner jet was outsourced. Boeing has admitted that outsourcing was responsible for driving up costs and delaying the project for three years.
“Boeing now views China as a trading partner, rather than a competitor”, said Stan Sorscher, who worked as a physicist at Boeing from 1980 to 2000. “Boeing is counting on China to buy 5,000 new planes by 2030.”
In September 2011, Boeing signed a 10-year contract with the state-owned Shanghai Aircraft Manufacturing Co. to build horizontal stabilizers for the 737 jet. The contract is the company’s largest with a Chinese supplier. And in March, Boeing announced partnership with the Commercial Aircraft Corp. of China on energy research.
Gary Kelly, CEO and Board Chairman of Southwest Airlines, is a member of the President’s Council on Jobs and Competitiveness. He joins 19 other business leaders on the panel designed to advise the president on how to make the U.S. more competitive in the global economy while creating new jobs at home, however, the President is MIA.
Gary
Kelly has successfully created jobs in one of the most competitive industries
in the US. Mr. Kelly definitely knows something about creating jobs and
competitiveness at home.
Its the very people that have been entrusted with solving the unemployment crisis that are shipping jobs out of the country. What hope is there that things are going to turn around any time soon?
“Delegating work works, provided the one delegating works,
too”. Robert Half
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