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Ed Huntress Ed Huntress is offline
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Default GE plant to Canada, cites lack of EX/IM support

On Thu, 01 Oct 2015 14:32:35 -0500, F. George McDuffee
wrote:

On Tue, 29 Sep 2015 14:01:45 -0400, Ed Huntress
wrote:

Thanks, House Republicans:

"GE closing U.S. engine plant, moving to Canada; cites lack of U.S.
export financing"

https://www6.lexisnexis.com/publishe...d=L:2452039359

---------------------------------
It is unclear if this is a gain or loss in the aggregate
sense, as the total costs and total benefits are so
difficult to calculate. GE has proven to be masters of cost
externalization and tax avoidance.
http://staging.weeklystandard.com/bl...ts_609137.html

This may well be a case where "don't let the door hit you in
the *** on the way out" applies.


Baloney. No Ex/Im bank, no big exports from the US. It's that simple.
The simple-minded fools in Congress are shooting us in the foot.

--
Ed Huntress