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Jobs, jobs and more jobs. it was the word of the day as president obama announced his new white house council on jobs and competitiveness. designed to attract new hires and businesses to the u.s., the task force will be headed by general electric's ceo. here the president explaining why the ge exec is just the man to take the lead. >> we want an economy 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. now, nobody understands this better than jeff imle. he understands what it takes for america to compete in ...

President obama announced his new white house council on jobs and competitiveness. design to attract new hires and businesses to the u.s., the task force will be headed by general electric's ceo. here the president explaining why the ge exec is just the man to take the lead. >> we want an economy fueled by what we viciniinvent and what w build. we're going back to thomas edison's principles. we'll build stuff and invent stuff. now, nobody understands this better than jeff imle. he understand what it takes for america to compete in the global economy. >> ali velshi joins us now. thanks for bein...