For most of us, the economy seems pretty bleak. But for GE and its CEO, Jeff Immelt, times have never been better.
The company is one of the largest and most profitable corporations in the country, yet it has been able to avoid paying federal income taxes for the last two years. And Immelt alone took home $21.4 million last year.
But the news isn’t so good for the rest of us. Under Immelt’s leadership, GE has eliminated 19,000 U.S. jobs since 2008. Despite massive outsourcing of U.S. jobs, Immelt was appointed to lead President Obama’s job creation council earlier year.
With such an important position, it’s critical that Jeff Immelt knows what life is like for the other 99% of Americans. Because of his personal good fortune, he probably has no idea what it’s like to live from paycheck to paycheck or to see a job shipped overseas.
We’ll meet at Dorothy Heroy Recreation Center in Stamford and caravan from there. At Immelt’s house, we’ll listen to the stories of people impacted by the recession.
Transportation is available from Hartford and New Haven. The Hartford bus will pick people up at 9:30am at 30 Arbor Street and 9:45am at the Occupy Hartford Tent City on Broad St and Farmington Ave. In New Haven, the bus will pick people up 10:30am at the Northwest corner of the New Haven Green, the Corner of College Street and Elm Street.
Join us on Saturday to let Immelt know what life is like for the 99% during the economic downturn.
http://salsa.wiredforchange.com/o/1306/p/salsa/event/common/public/?event_KEY=33327
Thanks for all you do,
Jon Green
Executive Director
www.connecticutworkingfamilies.org
PS – If you haven’t shared your story about how the crisis has affected you and your family, you can do so here. We’ll deliver your stories to Jeff Immelt’s house.