Since naming General Electric CEO Jeff Immelt to head a CEO-heavy jobs council back in January, the White House has faced some tough criticism from both the left and the right.The charge from labor-friendly liberals and free-market conservatives has been the same: the appointment represents pure crony capitalism. The leaders of the largest U.S. multinationals are hardly the best suited to give advice on domestic job creation, the line goes, when they spent the last decade eliminating 2.9 million jobs at home and adding 2.4 million overseas. And in particular, the chief of GE, No. 6 on...
Source: http://www.realclearpolitics.com/2011/07/06/jeff_immelt_ge_ceo_or_obama_advisor_258802.html
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