The View From 1776

General Electric CEO Calls For More Big-Business Socialism

As did one of his predecessors during the imposition of socialism under President Franklin Roosevelt in the 1930s, General Electric chief Jeff Immelt called for a bigger role for the Federal government, in this case, controlling the nation’s energy uses and sources.

Posted by .(JavaScript must be enabled to view this email address) on 09/23 at 11:46 PM
  1. Immelt appears to be calling for the US to generate a 21st century energy policy. He is completely correct that the USA, one a leader in renewable technology, has lately fallen behind the rest of the world, in part due to an incoherent energy policy.

    The national electrical grid crosses state lines and its condition and organization is therefore logically of federal interest.

    Is your very odd invented term "Big-Business Socialism" intended to be ironic, or are you saying that the usual strong alliance between conservatives and big business no longer exists?
    Posted by .(JavaScript must be enabled to view this email address)  on  09/27  at  03:47 PM
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