Dairy Farmer Says that Ending Dairy Subsidies is Not the Answer (Sorry, I Meant to Say GE and GE Subsidies)

The Washington Post has a major article on a speech by GE's chief executive Jeffrey Immelt in which he condemned efforts to fund the Export-Import Bank as "pathetic." The piece neglected to mention that GE is almost always one of the largest recipients of below market interest rate loans or guarantees from the Export-Import Bank.

The headline also reported Immelt's condemnation of "protectionism." It would have been worth pointing out that much of what GE sells in the United States is produce...

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Published on May 04, 2017 11:51
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