By Alan Wolf on Dec 6 2012 - 3:16pm


GE’s Immelt: The Best Is Yet To Come

TWICE recently attended a GE holiday soirée at 30 Rock hosted by chairman/CEO Jeffrey Immelt. While he wouldn’t talk shop about majaps (“Come on, it’s a party!” he admonished a reporter), he did paint an optimistic picture of America in remarks before the crowd. Here are the cocktail-napkin bullet points:

On the U.S. economy: “The U.S. is pretty competitive on a global scale. I’m encouraged by the robustness of the consumer — they’re doing their part. Housing is coming back, but we need to get it above 2 percent growth, and we need more confidence on the investment side.”

On the “fiscal cliff”: “Both sides know what needs to be done — now they need to do it.”

On energy independence: “There will be seismic changes in the next three, four, five years. We have game-changing advantages, and Canada, Mexico and the U.S. can be the most important countries in the world.”

Connect

 

PHOTOS

Enjoy the greatest pictures taken from famous shows and events this year.

Current Issue