There is something oddly poetic about choosing a light bulb maker to head a team searching for economic ideas.
President Barack Obama named General Electric CEO Jeff Immelt to lead a new presidential advisory group called the Council on Jobs and Competitiveness.
Obama said Immelt knows a thing or two about innovation given that he heads the company founded by Thomas Edison.
China was still clearly on the president’s mind two days after treating President Hu Jintao to a top-of-the-line White House welcome. In Schenectady today, Obama repeatedly mentioned the importance of selling American goods to China, and other countries.
“We want an economy that’s fueled by what we invent and what we build. We’re going back to Thomas Edison’s principles. We’re going to build stuff and invent stuff,” he said.




The latest chapter in the long story of panda diplomacy was written at Washington’s National Zoo, where
Reuters’ Wendell Marsh was there as the guests arrived for President Obama’s state dinner honoring Chinese President Hu Jintao.

China’s President Hu Jintao was feted with full fanfare at the White House on Wednesday, with a 21-gun salute, honor guards and a state dinner. Things might not be quite so fancy on Thursday when he goes to Capitol Hill.
The White House is rolling out the red carpet for China’s President Hu Jintao with one of the most formal of all events — the 
Happy Thanksgiving! Washington Extra will return on Monday.

Alan Simpson and Erskine Bowles think it may be a new day in American politics, one where politicans who hike taxes and alter Social Security stay in office.
Billionaire developer Donald Trump might like to be president. And if he were, he’d bring a hard view of China to the White House.
