When Obama appointed Immelt to his jobs and competitiveness council, the president said that Immelt "understands what it takes for America to compete in the global economy."
Unfortunately, Immelt seems to have learned that the best way to increase GE's profits was to eliminate a fifth of its American workforce, ship jobs overseas and hire a small army of tax attorneys.
A generous person might argue that GE's experience makes Immelt the smart choice to reform the tax code.
But Immelt can't be in charge of GE and reform a tax system it helped pervert. Obama must know that. Obama must not care.