Bob Herbert, in his last NY Times column, made the following aside:
G.E. is the nation’s largest corporation. Its chief executive, Jeffrey Immelt, is the leader of President Obama’s Council on Jobs and Competitiveness. You can understand how ordinary workers might look at this cozy corporate-government arrangement and conclude that it is not fully committed to the best interests of working people.
Gee, ya think?
The problem is, for all he questions Obama on this example, this has been the case long before him and will be long after. Has anyone thought to ask Bob Herbert to cite a time where wealth and government didn’t team up?