Jack Welch: Obama’s move to the center purely verbal

(By Ed Morrissey, Hot Air) - Via Greg Hengler, consider this seven minutes of 'awesome' on both energy and economics. Former GE CEO Jack Welch blasts the Obama administration for lack of action on energy independence, scoffing at the notion that approving one drilling permit in the Gulf amounts to a compromise or positive momentum. While we’re dithering on using our natural resources, China is “absolutely positioning themselves” for long-term growth and the energy to drive it, with coal, nuclear, and alternative energy production. Welch says that, contra Obama’s scolding to the Chamber of Commerce, “the idea of a corporation hiring as a social responsibility is ridiculous,” and that hiring follows naturally from demand.

And Welch is just warming up. That leads him into his assessment of Barack Obama’s supposed “tack to the center,” which Welch dismisses as strictly rhetorical. Don’t miss what follows: