Elk gets especially steamed when he turns his mind to the current “competitive wages” mantra. Yet it’s on the back of just such talk that American manufacturers, with the hearty endorsement of the Obama administration, are touting the “re-shoring” of made-in-America manufacturing jobs in this election season.
GE is the largest American company in that game. The company garnered headlines in February when it announced an $800-million investment in Louisville, Ky., and the bringing back of jobs from offshore operations in China. (Via email, a company spokesperson says the number of jobs being returned is not available.) GE CEO Jeffrey Immelt has served since January 2011, as the head of President Barack Obama’s Council on Jobs and Competitiveness.
“The whole idea of industrial unions is to maintain industrial standards. With two-tier wages, industrial standards are effectively out.”
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