Quote of the day — Special Edition
Usually, we let our Quotes of the day stand alone and allow our readers to come to their own conclusions. However, this quote from Jeffrey Immelt begs commentary.
Jeffrey Immelt, General Electric CEO and Chairman of President Obama's Council of Jobs and Competitiveness, on the only thing that seems to work well in China:
"The one thing that actually works, state run communism a bit– may not be your cup of tea, but their government works."
Here is an example of how the Chinese government "works":
You are right about one thing, Mr. Immelt; it is not everyone's "cup of tea."