GE was awarded 44 contracts totaling over $46,000,000 and 44 grants totaling more than $79,000,000 from the Obama-Pelosi $757 billion dollar stimulus package.
Today GE announced that it was going to gut its offshore wind-power plans.
Is this why GE CEO Jeffrey Immelt was hired by the POTUS, to create jobs and take them away???
I don’t think so, but it sure looks that way now doesn’t it?
In August there were 0 jobs made, or gained, or uh, nothing changed since July on the jobs front. What’s going to happen now, Wall Street? Particularly since this news comes on a weekend?