Immelt is the CEO of GE. CEO performance is tied to profits. Well guess what? US based companies have figured out that they can be MORE profitable by using OFFSHORE resources! I don't see how anyone can blame this man for increasing profits of a company for which he is the chief executive officer. You buy gas for your car/truck don't you? You just made an Arab richer at your last fill up....
Secondly, this little teeny GE X-ray department is about the size of a miniature ameoba compared to the jobs lost to overseas. We are talking millions upon millions of jobs lost overseas overall (not only that but the snopes review states there will be no existing US jobs lost as a result of the GE announcement).
I've seen it first hand in 2 different industries - furniture and insurance. Lexington, NC used to have a huge furniture industry. These days, we ship the wood overseas and they ship it back as furniture. Tell me how that makes freakin sense? In insurance (I work in IT for a large insurance company) they started around 2004 replacing IT folks with Indian labor (half priced or even less). At my company our head count is down 50% of the 1,300 + people that once worked in this building. Not just IT - call center labor provided by the good folks in the Philipenes. You better believe that is excellent customer service! LOL NOT!
Our country needs to figure out a way to make it more profitable to use our own resources. When I say resources I'm talking everything including human resources and natural resources AND DEVELOPMENT OF NEW RESOURCES.
Here is a good read on this mess.
http://www.workingamerica.org/upload...cingReport.pdf