“Many bought into the idea that America could go from a technology-based, export-oriented powerhouse to a services-led, consumption-based economy — and somehow still expect to prosper,” Mr. Immelt said in a typical speech last year before the Detroit Economic Club. “That idea was flat wrong.” He added: “Our economy tilted instead toward the quicker profits of financial services.” - Jeffery Immelt, CEO of General Electric
Source: http://www.nytimes.com/2010/12/05/business/05ge.html?pagewanted=2&_r=1&hpw
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