Head of Obama’s Jobs Council: ‘State-Run Communism’ Actually ‘Works’

Appearing Monday morning on CBS, Obama’s jobs council head and the CEO of GE Jeffrey Immelt said that one thing that “actually works” is “state-run Communism” in China.

CHARLIE ROSE: China is changing. It may be being stabilized as we speak. What does that mean for China and what does it mean for…

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