Some companies should have been allowed to bite the dust.

That´s what happens when (1) you work for GE and (2) Boss Immelt is no longer the Obama "Jobs Czar."

Time for the pink slips.

Hint to all GE employees ... GE does not stand for "Good to Employees." The quicker you leave Boss Immelt´s criminal enterprise, the better your life will be.

Re: “At the end of 2012, appliance industry sales were down almost one million units from 2011,” she said, adding “2013 is starting off slower than anticipated.”

Funny, I don´t recall Obama mentioning this sequestration consequence today. Perhaps its not due to tiny budget cuts, but a struggling consumer, high and rising gasoline prices, frozen wages, reduced take home pay and threats of less income in the future.

Perhaps sales are down because many of us now refuse to buy GE ever again because we were sold out for no taxes and those darn light bulbs.

Seeing as how GE paid no taxes I´d say the over-taxed payer subsidized this company to the tune of billions!
BTW - I haven´t bought anything with a GE name on it for decades...mostly because it was cheap junk.

BTW ... there are people buying appliances. I bought a new fridge last fall.

Was it GE? Nope, it was an automatic no-buy. I got a Whirlpool.

I need to buy a cooktop. All I saw at Home Depot was GE, so I´m heading to Sears for another brand.

But that´s what happens when you (1) screw your employees, past and present (myself included) and (2) cast your lot with Dear Leader(US) -- including your ownership of the Obama Propaganda Channel (NBC Universal, which GE is selling off the last 49% they own).

As much as I care, I hope GE has the same result as Solyndra.

Same here #4 and #5. I stopped buying GE awhile ago once I learned that they had business dealings with Iran some years ago. Now I go out of my way to let people know that GE pushed for the CFLs, paid zero...nada taxes last year, and I personally think their products are too overpriced and of inferior quality. And to top it off, Immelt is a bit too sleazy and sycophantic for my liking. Yuck!

Last year, I bought a Whirlpool washer/dryer. I would not have considered a GE product.

Exactly what is it GE makes here that provides US Jobs, anyway? I check out GE stuff, small appliances and large at the floor stores and see all kinds of Chinese writing on them (parts made in china, assembled in USA ? ?). So, the Chinese make them, ship them over here and the dumbed down American workers just assemble the kits on their living room floors? So, what´s the Øbama two plus billion dollar hand out for? New Screwdrivers for the assemblers who are now being "furloughed" for five weeks?

I have always refused, categorically, to purchase any item from any private coorp that took stimulus money!

Don´t get quite so enamored of Whirlpool, at least their refrigerators. Several years ago the screwed their employees and much of their supplier base, and moved much of that production, including ALL the side by sides, to Ramos Arizpe, Mexico. Thanks for nothing, NAFTA. Perot was right.

My washer bit the dust so I had to buy a new one. The appliance store was full of GE washers and the clerk told me they all ran on computers (costs about $600 to replace that computer). I told her I refuse to buy any GE products or any product run by computer and did she have any others. She directed me to a Speed Queen that had no computer; ran on metal gears and not plastic ones; and came with an automatic 3-year warranty. I bought it. Runs great.

Just goes to show you that stimulis money can´t alter the current economic situation. It provides temporary targeted employment that builds upon sound economic policies that increase demand. We have a factory and workers ready to go but no demand. Typical of liberal government policy that has no bearing on reality. This is what you get when you let a political celebrity run the government.

Their product is crap and has been for years...Their management is also crap and completely un-american...No tears here
I´d buy Whirlpool, maytag or even a South Korean LG before Id buy a GE.