President Obama Highlights Incompetence in Job Creation by Inviting Failed Crony Capitalist Jeff Immelt as Guest at Speech to Congress

Under the weak leadership of General Electric CEO Jeff Immelt, hundreds of jobs have moved overseas which highlights the irony of his position as head of President Obama’s Council on Jobs and Competitiveness.

At a time of high unemployment and the risk of a double dip recession, we can’t afford to have incompetent business leaders running major corporations and serving the president.

For more on this issue, please read the press release from the National Center for Public Policy Research.