Jack Welch Says Government Jobs Data Manipulated for Political Gain
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On Monday, during an interview on CNBC, former General Electric Co. CEO Jack Welch expressed his doubts on the government jobs data put across by the Bureau of Labor Statistics. “Every fact says we don’t have a booming economy,” said Welch, “Something’s wacky here. I didn’t think it was right.” When the BLS government jobs data released on October 5 showed the jobless rate the lowest since President Barack Obama entered White House in January 2009, Welch wrote a Twitter post, “Unbelievable jobs numbers … these Chicago guys will do anything … can’t debate so change numbers.” The suggestion was clear as the Obama reelection campaign is based in Chicago. With the official 7.9 percent unemployment rate released by the Labor Department on Nov 2, and exceeding the most optimistic […]
May 16, 2013 Read More