Category Archives: Jeff Immelt

>President Obama’s Weekly Address 1/22/11: "We Can Out-Compete Any Other Nation"

>WASHINGTON – President Obama used his weekly address to highlight the steps his administration is taking to make America more competitive. As a result of the deals made with China this week, U.S. exports to China will increase by more than $45 billion and China will increase its investments in America by several billion dollars. These deals will support some 235,000 American jobs. Also, the President named GE CEO Jeff Immelt to head up the new Council on Jobs and Competitiveness, which will help find ways to grow the economy by investing in American businesses.

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Filed under China, economic growth, Innovtion, Jeff Immelt, Job creation, job growth, President Obama, US exports, weekly address