Maybe President Obama should have called it the Chinese Jobs Act.
That way he could have given his good friend Jeffrey Immelt, chairman and chief executive of General Electric, a shout-out, or asked him to take a bow.
Immelt, who was sitting in the gallery of the House of Representatives as Obama's guest during Obama's American Jobs Act speech to a joint session of Congress last week, had the face of a man looking well pleased with himself. And why not?
He is a man who has created more jobs than anyone else in Washington, including Obama. The jobs just happen to be in China, that's all.
“So you think that money is the root of all evil?” said Francisco d’Anconia. “Have you ever asked what is the root of money? Money is a tool of exchange, which can’t exist unless there are goods produced and men able to produce them.” … “Money is not the tool of the moochers, who claim your product by tears, or of the looters, who take it from you by force. Money is made possible only by the men who produce. Is this what you consider evil?” - Atlas Shrugged
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