Jack Welch on 'French-Style' Socialism and the Future of G.E.

Obama bring redistribution of wealth, global redistribution of wealth. George please explain that.

Very few people are talking about AMERICAN jobs creation and tax cuts. Jack Welch claims he's all about jobs, but much of corporate America (and GE is right in there) has been damned slack about creating jobs for Americans with their tax breaks. They are much more concerned about cutting costs and they see jobs as the first and deepest place to cut. I noticed Mr. Welch tap danced away from that when George mentioned it. So, when are they going to learn Americans can't buy any of their crap when we're all - as Wilbur Ross so eloquently put it recently - flipping burgers and selling each other insurance and suing one another? When all we have is a service economy, there will be no innovation, no productivity, no money for anything but the barest necessities. Some future we have to look forward to.

I really enjoyed you making that Greed Machine {Jack Welch} sqirm a bit. He sputtered when you asked him if the government is making the right choice getting involved with free markets.You could see his aging mind is rattled as he started talking about some French type model. I nearly rolled out of my chair when he proclaimed "I'm a job voter" How did he get his name "Nuetron Jack" not by saving jobs. He was known for cutting hundreds of thousands of job
at General Electric. What a pathetic individual who was mistakenly honored for ruthlessness. Have more interviews with him and let him just talk.

The old fool will simply self destruct.

I recall that Jack also warned against higher taxes and was implicit of his advocacy of McCain.

I know Mr Welch from growing up and he is the least greed machine type of person. He knows how to make money and make money for stock holders. it's hopefully people like D. Seaman who will self destruct. WIthout industy leaders we'd all be praising Osama--or is it Obama? mmmm, sounds suspiciously alike.... Thank goodness for capitalism and leaders like Jack Welch. Read one of his books, you might just adopt a good work ethic!

I agree with the observation that the more Mr. Jack Welch speaks the less sense he makes. He made a lot of money for himself and GE shareholders while he ruled GE. Since then, I continue to be stunned by how pointless his public pronouncements truly are. Jack Welch is the living embodiment of incoherence. Please have him on your show every week.