And I expect union protests from their choice of states in 3, 2....

They are probably getting huge governement handouts to build them here and then in a few years will just move them to some commy country backhole to exploit more people for profit while screwing over the american tax payer.

huge handouts incoming, jobs will pay half of what they di da few years ago and the plants will eventually move over seas anyway

FREE TRADE

bhcompy: And I expect union protests from their choice of states in 3, 2....

Like Ohio?

RickyWilliams'sBong: bhcompy: And I expect union protests from their choice of states in 3, 2....

Like Ohio?

That is where GE Aviation is HQed (Cincy)...they are probably renovating an old GEAE buiding.

The other 2 are clearly in non-Union states...GE is massively anti-union.

/ex-GE employee

Coach_J: RickyWilliams'sBong: bhcompy: And I expect union protests from their choice of states in 3, 2....

Like Ohio?

That is where GE Aviation is HQed (Cincy)...they are probably renovating an old GEAE buiding.

The other 2 are clearly in non-Union states...GE is massively anti-union.

/ex-GE employee

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But I was told that we had reached a "new normal" and unemployment would hover right around 10% forever!
You know, from the same people who said that housing prices will go up forever.
And that a 5% unemployment rate was the new normal.

Any one who tells you that "this time is different", and that we have reached a "new normal" is an idiot. They always start saying that right near the peak or the trough.

/Farking business cycle, how does it work?!?

BigBooper: But I was told that we had reached a "new normal" and unemployment would hover right around 10% forever!
You know, from the same people who said that housing prices will go up forever.
And that a 5% unemployment rate was the new normal.

Any one who tells you that "this time is different", and that we have reached a "new normal" is an idiot. They always start saying that right near the peak or the trough.

/Farking business cycle, how does it work?!?

Well, it does, in many parts of Western Europe.

poisonedpawn78: They are probably getting huge governement handouts to build them here and then in a few years will just move them to some commy country backhole to exploit more people for profit while screwing over the american tax payer.

Knowing GE, they're probably not paying a dime for construction and won't pay any state taxes either. And as soon as the state legislature wakes up and realizes they've been had, GE will abandon the facilities and move offshore. . . and blame liberals.

My last visit to a GE facility was a largely abandoned facility in Kentucky where the only two guys we saw were there to transition all their projects to a guy in India. We actually had a conference call with the design engineer on the other side of the world. A very sad place.

So where is this economic downtown?

/apparently Drew let the mods start drinking early

Barry McCokiner: So where is this economic downtown?

/apparently Drew let the mods start drinking early

Figures that it would be fixed right as I posted this

MugzyBrown: But I was told that we had reached a "new normal" and unemployment would hover right around 10% forever!
You know, from the same people who said that housing prices will go up forever.
And that a 5% unemployment rate was the new normal.

Any one who tells you that "this time is different", and that we have reached a "new normal" is an idiot. They always start saying that right near the peak or the trough.

/Farking business cycle, how does it work?!?

So one company opening up plants is indicative of a coming surge in employment?

Not saying you're right or wrong, but I'd hardly say GE opening plants means everything is looking up.

Not trying to say that at all. In fact I'd say that our economy has long term structural issues that will cause a lot of issues.

Oh Fark it. What I'm really trying to say is that the Bush tax cuts are finally starting to kick in and our economy is finally on the path to total enlightenment.

bhcompy: BigBooper: But I was told that we had reached a "new normal" and unemployment would hover right around 10% forever!
You know, from the same people who said that housing prices will go up forever.
And that a 5% unemployment rate was the new normal.

Any one who tells you that "this time is different", and that we have reached a "new normal" is an idiot. They always start saying that right near the peak or the trough.

/Farking business cycle, how does it work?!?

Well, it does, in many parts of Western Europe.

Yes. but the Obama recovery is just beginning! We will soon be at 110% employment!

Coach_J: RickyWilliams'sBong: bhcompy: And I expect union protests from their choice of states in 3, 2....

Like Ohio?

That is where GE Aviation is HQed (Cincy)...they are probably renovating an old GEAE buiding.

The other 2 are clearly in non-Union states...GE is massively anti-union.

/ex-GE employee

While GE office space has reached out into the burbs, I don't believe their manufacturing ever did, not as far north as Dayton. This sounds like a new space for them. And as for anti-union, uh, what? Who do you think assembles these engines?

With the F35 alt engine program shot down (pardon the pun) GE may just be moving workers from that business. Probably not a big net gain in employment.

BigBooper: But I was told that we had reached a "new normal" and unemployment would hover right around 10% forever!
You know, from the same people who said that housing prices will go up forever.
And that a 5% unemployment rate was the new normal.

Any one who tells you that "this time is different", and that we have reached a "new normal" is an idiot. They always start saying that right near the peak or the trough.

/Farking business cycle, how does it work?!?

It's 400 jobs. Not really indicative of anything. Great for those 400 people and their families I suppose.

But it takes more than that to have any real impact on the unemployment rates.

Well, I've heard they bring good things to life...

CognaciousThunk: With the F35 alt engine program shot down (pardon the pun) GE may just be moving workers from that business. Probably not a big net gain in employment.

You sir, sound like a racist. Why do you hate Hope n Change?

Came here expecting to find republitards crediting the imminent defeat of Obama for turning the economy around.