Obama hates union workers.
Obama hates private unions, wants to eliminate their jobs, force them all into the public sector unions so he can hold the power of the federal government over them. Karl marx could never have DREAMED of such an effective marxist leader.
The New York Times reported last month that General Electric earned $14.2 billion in international profits, including, $5.1 billion in the United States. Yet GE did not pay a dime in federal income taxes last year. Oddly, President Obama chose GE Chairman and chief executive Jeffrey Immelt to head his President's Council on Jobs and Competitiveness.
According to the Associated Press, Immelt's compensation package doubled to $15.2 million last year, while this year, GE is seeking major concessions from the unions that represent its shrinking American workforce.
When Obama appointed Immelt to his jobs and competitiveness council, the president said that Immelt "understands what it takes for America to compete in the global economy."
Unfortunately, Immelt seems to have learned that the best way to increase GE's profits was to eliminate a fifth of its American workforce, ship jobs overseas and hire a small army of tax attorneys.