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March 2, 2011

Former GE CEO Jack Welch: Obama's move to the center purely rhetorical

Topics: Political News and commentaries

Via Ed Morrissey, consider this must-watch seven minutes of awesome on both energy and economics.

Former GE CEO Jack Welch blasts the Obama administration for its lack of action on energy independence, scoffing at the notion that approving one drilling permit in the Gulf amounts to a compromise or positive momentum. While we're dithering on using our natural resources, China is "absolutely positioning themselves" for long-term growth and the energy to drive it, with coal, nuclear, and alternative energy production. Welch says that, contra Obama's scolding to the Chamber of Commerce, "the idea of a corporation hiring as a social responsibility is ridiculous," and that hiring follows naturally from demand.

And Welch is just warming up. That leads him into his assessment of Barack Obama's supposed "tack to the center," which Welch dismisses as strictly rhetorical.

Don't miss the rest:


On Obama's decision to allow unionization of TSA, Welch says that's Card Check the back way, and points out it was done through a Friday night news dump and then Obama never mentioned the move in his address in his Chamber of Commerce speech, let alone provide a defense of it. "Show me the money," Welch says after running down how Obama showed us the taxes.

Posted by Richard at March 2, 2011 12:50 PM



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