Head of Obama’s Jobs Council: ‘State-Run Communism’ Actually ‘Works

[koalabear]

If you were ever in doubt what type of thinking this administration fosters, this clip should put any debate to rest.

Appearing Monday morning on CBS, Obama’s jobs council head and the CEO of GE Jeffrey Immelt said that one thing that “actually works” is “state-run Communism” in China.

After host Charlie Rose brought up the “growth rate” of China falling from double digits to about eight percent, Immelt chimed in.

“Look, I think it’s good for China,” he said. “To a certain extent, Charlie, 11 to 12 percent is unsustainable. You end up getting too much stimulus or a misallocation of resources. They are much better off working on a more consumer-based economy, less dependent on exports, driving technology and innovation harder. Really, the one thing that actually works, state run communism may not be your cup of tea, but their government works.”

“They get things done,” Rose responded.


http://www.theblaze.com/stories/head-of-obamas-jobs-council-state-run-communism-actually-works/

 

[seamus221]

If you were ever in doubt what type of thinking this administration fosters, this clip should put any debate to rest.

Appearing Monday morning on CBS, Obama’s jobs council head and the CEO of GE Jeffrey Immelt said that one thing that “actually works” is “state-run Communism” in China.

After host Charlie Rose brought up the “growth rate” of China falling from double digits to about eight percent, Immelt chimed in.

“Look, I think it’s good for China,” he said. “To a certain extent, Charlie, 11 to 12 percent is unsustainable. You end up getting too much stimulus or a misallocation of resources. They are much better off working on a more consumer-based economy, less dependent on exports, driving technology and innovation harder. Really, the one thing that actually works, state run communism may not be your cup of tea, but their government works.”

“They get things done,” Rose responded.


http://www.theblaze.com/stories/head-of-obamas-jobs-council-state-run-communism-actually-works/

I'd be shocked but that's the cost of higher education nowdays you lose touch with reality and your common sense dries up!
Using their logic if Communism works the whats their view on slavery, cause it worked and thing got done too.......bunch of Obama tard BS!

 

[Sean Renaud]

I'd be shocked but that's the cost of higher education nowdays you lose touch with reality and your common sense dries up!
Using their logic if Communism works the whats their view on slavery, cause it worked and thing got done too.......bunch of Obama tard BS!

Is education in the US more or less expensive than education around the world?

 

[Sean]

The truth hurts, huh?

 

[eagleyez]

Something must be working. We are not buying their debt.

That said, China is a nightmare. The environmental holocaust they are foisting on the world is helacious. In that regard their "state run communism" is an utter failure.

 

[Sean Renaud]

Nobody said China was ideal, but most Republicans think the EPA is in the way of progress and we should operate more like China in that regard. After all the free market will drive the low priced polluters out of competition against their higher priced clean competitors.

Just like nobody is saying anything good about China's human right's record but it's hard to argue that they are fairly well off as far as having a growing economy.

 

[koalabear]

Is education in the US more or less expensive than education around the world?

More expensive, we have unions.

 

[Sean Renaud]

More expensive, we have unions.

Where doesn't? The Germans do. So do the French. Seem's Japan is in on it too.

Do you have another theory?

 

[koalabear]

Where doesn't? The Germans do. So do the French. Seem's Japan is in on it too.

Do you have another theory?

Yes, you are logically stupid.

 

[Squibbs]

Yes, you are logically stupid.

Obviously.

He's arguing with you.