Model Trains
Awesome HO Scale NS TopGon Model Train Action in HD - OCT 2009
Obama’s jobs council chairman on China: State run communism might not be your cup of tea, but their government works (Michelle Malkin)
_**Written by Doug Powers_
Jeffrey Immelt, CEO of General Electric and head of the President's Council on
Jobs & Competitiveness, had a "made the trains run on time" moment on Monday
while addressing the efficiency of China's form of government -- specifically
economic policy.
Transcript via RCP:
> CHARLIE ROSE, HOST: China is changing. It may be being stabilized as we
speak. What does that mean for China and what does it mean for the United
States? Should it change expectations?
>
> JEFF IMMELT, CEO OF GE: It is good for China. To a certain extent, Charlie,
11 percent is unsustainable. You end up getting too much stimulus or a mis-
allocation of resources. They are much better off working on a more consumer-
based economy, less dependent on exports. The one thing that actually works,
**state run communism may not be your cup of tea, but their government
works**.
Sometimes the perception that a certain political system "works" depends
greatly on if you're the one driving the tank, or the one standing in front of
it. The ChiCom government might be "working" for select people in the country
at the top of that system or even for ...
