There’s something absolutely insane happening in the House of Representatives right now.

[Chico Man]

23. GE plays an important role in bringing manufacturing jobs back to the US

After years of offshore production, General Electric is moving much of its far-flung appliance-manufacturing operations back home. It is not alone. An exploration of the startling, sustainable, just-getting-started return of industry to the United States.

http://www.theatlantic.com/magazine/archive/2012/12/the-insourcing-boom/309166/

Also the COE

At the heart of the investment is a new global software headquarters the company is building in northern California. The facility, slated to be opened by the middle of next year in San Ramon, Calif., will hire 400 software engineers and centralize its world-wide efforts.

http://online.wsj.com/news/articles/SB10001424052970204517204577042532750345206

And the Industrial Internet

http://bits.blogs.nytimes.com/2013/10/09/g-e-s-industrial-internet-goes-big/?_r=0

Mark Little, G.E.’s chief technology officer, has also said that the Industrial Internet could revive G.E.’s manufacturing business in the United States, though not in ways traditional manufacturers would recognize. Since G.E. wants to understand how machines behave in the field, it also needs to have its sensors on them from the earliest part of their creation.

“We’ve spent most of my career trying to offload manufacturing,” Mr. Little said in an interview in June. “Now we’re talking about vertical integration again.” Much of the manufacturing, however, will be done by robots, he said.

http://bits.blogs.nytimes.com/2013/10/09/g-e-s-industrial-internet-goes-big/?_r=0

So.... if you think Immelt is not trying to change things, think again. He is the perfect person for the job Obama has asked him to do, and things are moving in the right direction.