Immelt said that global technology leadership requires four things: a big local market, technology innovation, a low-cost supply chain and supportive government policies. In the United States, the traffic light on those four areas is either yellow, for caution, or red, he said. Demand is weak. Innovation and supply chains are passable. Energy policy is halted in its tracks.
NYT didn't seem to take this as a threat to move GE to China.