In a heated appearance on MSNBC’s Hardball Friday, Jack Welch doubled down on his unsupported conspiracy theory that the Obama administration cooked the books on today’s improved jobs numbers.
Chris Matthews asked the former General Electric CEO to explain where the accusation came from. Welch said:
“All I can talk about are some of the numbers. We had 600,000 government jobs added in the last 2 months. We had 873,000 jobs by a household survey which is a total estimate from 50,000 phone calls. Of those 600,000 were temporary workers. Chris, these numbers are all a series of assumptions. Tons of assumptions. And it just seems somewhat coincidental that the month before the election, the numbers go one tenth of a point below where they were when the president started, although I don’t see anything in the economy that says these surges are true.”
Matthews voiced his suspicion that Welch’s assertions are based in political bias against Obama, not economic concern. He asked Welch what evidence he has that the Obama administration got to the Bureau of Labor Statistics and doctored data. Welch confirmed he hadn’t spoken to any economists, analysts, or accounting specialists:
“I have no evidence to prove that, I just raised the question.”
Matthews wasn’t satisfied; accusing a presidential administration of manipulating data is “Nixon stuff,” that goes beyond raising a question. He gave Welch one last opportunity to walk back the claim. Welch declined, “I don’t take back any part of that tweet.”
Former Commissioner of the Bureau of Labor Statistics Keith Hall dismissed Welch's claim on Friday, telling The Wall Street Journal it is "impossible to manipulate labor survey data." Leading economist Jared Bernstein called Welch’s accusation “outrageous;” Secretary of Labor Hilda Solis dubbed it “ludicrous.”
UPDATE at 11:09 p.m. ET: In a later appearance on CNN’s Anderson Cooper 360, Welch said “I should have put a question mark on the end of that [tweet], let’s face it,” Welch said.
*NBC Universal, the parent company of NBC News and MSNBC, is a joint venture of Comcast and General Electric since 2011. Jack Welch was General Electric’s CEO until 2001.



Neutron Jack has NEVER been a friend of the working class or labor....and I am a resident of the community that was the world headquarters for GE Plastics....NO fans of his here.
the unemployment and non-farm jobs numbers are biased to be rosier than reality and they've always been that way... doesn't matter which administration... it's always a spin thing...
Jack inferring that its exaggerated this time in an overreach, but I think it would be better if the BLS did a more accurate collection of data...
The unraveling begins. The Republicans have been doing everything possible to hold this economy back... to hold this president back... to hold back and deny the truth... and to double-down on lie after lie after lie.
All they had left was a complete Romney right-wing-nut-to-center-transition during the debate with supporting lies.
Now with unfortunate (for them) economic news, all they can do is cry conspiracy.
Now their positions are public. Now we shred them.
Bring on the next debate!
What did we expect from a President whose only private sector job was as a 6-hour-a-week law lecturer???
800k jobs created... margin of error 400k.... As someone who took two statistics classes i can pretty definitively tell you that's fishy as hell...
kama,
these numbers are developed the same way every month under republican and democrat admins by the same people. the only people who are surprised by this are people who don't understand the economy and/or the numbers that provide windows into its workings. Did it seem "fishy as hell" when the rate went up last month? Is your mind clouded by political blindness?
Hahahahahahahahahahahahaha! I couldn't believe this headline, but it's on numerous sites. Thanks for the laugh, Jack!
Jack is inferring that the Obama administration got to the BLS and changed the numbers. That's illegal and criminal and it could be prosecutable. But notice, Welch had NO proof. All my friends and I are working, we're not working at jobs that we WANT to work at, but we're able to pay our bills.
Obama was drugged by the RNC. That's why Christi was able to make his prediction
Since when has a Republican ever needed evidence?
Good grief, reading these comments is just dealing with dueling delusions.
The conservative posters say, of course the Bureau of Labor Statistics (BLS) reports are manipulated by the White House.
The hyper-liberals say, see, now the evil conservative plans to artificially hold back the economy are coming apart. Good is triumphing over evil.
Once again, for the slow learners, and those blinded by ideology:
The "unemployment rate" customarily reported in new stories is the U3 rate. It consists of the estimated number of people in the total work force who without a job, but who are looking for work. It is not the only rate for which the BLS releases numbers each month. It is cited by the media for consistency.
I would think by now, everybody knows it is not 100% accurate and does not, of itself, give an accurate sense of how the economy is doing.
And as to the evil Republicans intentionally slowing economic growth to aid their political fortunes: if they were so smart and wielded so much power, a rational person would have to ask how they let the nation fall into this economic sink hole in 2007 and 2008.
The job numbers are not great, but neither are they terrible, and they are certainly not the product of some political manipulation of the BLS.
I could laugh, but the subject is too serious.
A better question arthur would be what do we expect from our Congress people? Personally I expect that they will uphold their oath to defend, protect and preserve the Constitution of the United States. Nothing more nothing less. No oaths to private citizens like every member of the GOP signed to Grover Norquist, a private citizen. That is really weird and unpatriotic! Just look at the recent history: the Republicans conspired from day one on January 20 , 2009 to subvert the economic recovery of our Nation just so people like you could complain that President Obama had not cleaned up their epic messes quickly enough. You may well remember that in 2007-2008 every sector of the economy was on the verge of complete collapse and the economy was in free fall. The housing market collapsed the jobs market collapsed the auto industry collapsed the banking industry collapsd the stock market collapsed the construction sector collapsed the credit sector collapsed the US GDP collapsed and the US Dollar collapsed just to name some of the biggies. What did you expect from W. bush who has the exact same background and policy advisers as rom;nuts? Both blue blood pedigree private boys school education country club up bringing governor of a state and a lifetime in business? I bet you thought he would be great and I bet you voted for that fool twice for which you owe the rest of the Nation an apology for being so stupid with your vote and nearly bankrupting the entire Nation's economy. President Obama put a floor under the free falling economy and for the first two years of his administration the recovery was robust and then the election of 2010 happened and the obstructionist GOP got just enough power to be dangerous once again to the American public. Remember that all of this conspiring to intentionally subvert the economy has not been disputed by the GOP and it all occurred during a time that our Nation was at war. Never before in our Nation's history has a political party been permitted to obstruct the Nation's economy without investigation especially during a time when our men and women in uniform are fighting and dying for our Nation. The Republicans with their treachery and treason have clearly crossed the line. An independent Special Prosecutor should be appointed to investigate and prosecute the traitors. Ask yourself when WW II was being fought if the GOP had done this same type of behavior would they have been tried as traitors? It is called lending aid and comfort to our Nation's enemies and it cannot go unpunished! The irony is that in today's GOP the Republicans are so warped that they actually elevated one of the co-conspirators to VP nominee! Prosecute the traitors who subverted the Nation during a time of war and the Nation can begin the healing from the epic failures and malfeasance of the GOP. Rom;nuts continues to insult people the latest are the 2 million auto workers and the 250,000 GM employees he keeps calling "losers" because President Obama chose to save the auto industry against the advice of fools like rom;nuts who thought it should go bankrupt.
“I have no evidence to prove that, I just raised the question.”
Is this the guy that made the claim? Isn't that just wild speculation with no evidence?
Holy crap. Some people in this country have lost their minds.
We know things that are told to us, usually aren`t the facts. The Government, or its agencies (which it controls) manipulate facts all the time to suport whatever position they want the American people to become aware of, they claimed Nixion could`nt nor would he do what they claimed and eventually become known as a " Break-in", Clinton would never assault and Intern in the Oval office as they say, DID`NT THAT OCCUR"? The government can and did manipulate this report to manipulate the electorate in this country I beleive to stay ahead of the curb on the unemployment data. Its been one way for so long and then all of the sudden things seem to be getting better? You don`t think Obama would stoop to "manipulation
do you? My question to you is "WHO`S IN CHARGE" ?
Crikey. Jack Walsh's actions are irresponsible, sophomoric and obviously politically driven. Jack sounds like thing we'd might expect from trailer park trash. Funny how Jack makes a claim without facts, which sounds par for the course for Romney camp.
How many times have these numbers been up-dated after other information comes to light???
“It’s not about believing what Mr. Welch says,” West said. “It is about studying the numbers and understanding that I continue to see these inconsistencies, we continue to see revisions of the numbers upwards and downwards. When I look at these numbers compared to the workforce participation rate, which still remains at a 30-year low, when I look at these numbers of the 7.8 percent that you compare this to the U6 computation, which takes into account unemployed, underemployed and discouraged workers, that U6 computation number did not move. It stayed at 14.7 percent.”
The unemployment rate for 18-to-29-year-olds with a high school degree is 32%. The unemployment rate for young Hispanic Americans is 35%, and the rate for young Black Americans is 42%...
Historically these numbers drop during the pre-Christmas/New Year hiring binge. Come Jan the numbers will raise again, nothing to do with the POTUS policies...
Only in American can some privileged @ss that hardly pays any taxes and ran a company that pays none more often than not get the spotlight to make wild claims without a shred of evidence. I could make of some BS about him having sex with my dog, but I'd have as much proof of it as he does about this claim of his. Or do I have proof?
Republicans are bringing out all the "KOOKS" during their desperate times...LOL!!!!
OBAMA/BIDEN....2012!!!!
Jack Welch's legacy has been on the decline for the last 10 years, this is just another reason why. He and Carly Fiorina get rolled a few times a year to blast the administration with their ridiculous theories - best not to listen to either one of them too seriously.
Doesn't it seem rather odd that he has no evidence but it's got to be a conspiracy? I'd love to sue that moron for libel and slander both now.
Jack, you just prove **** comes in small and ugly bags.
When I saw who it was saying this, I said..."Oh, ok...another rich old white man...Now I understand what Jesus meant when he said, "It's easier for a camel to go through the eye of a needle, than for a rich man to enter into the kingdom of heaven...Give or take 20 or 30 years, his kind will eventually die out...
The books are always cooked because once your unemployment benefits run out, you're not counted as jobless anymore.
Obama as Schultz...
I hear nothing, I see nothing, I know nothing.....I see nothing, NOTHING!
http://onenewsnow.com/business/2012/10/05/sept-jobless-report-labeled-%E2%80%98a-setup%E2%80%99
Old Jack sounds just like Harry Reid. Neither one knows what they are talking about!
The only other figure I'd like to see is the number of people who ran out of unemployment benefits and ARE NO LONGER COUNTED AS UNEMPLOYED! This will also show as a drop in the unemployed numbers. Not the entire drop was from job creation!
This from the guy who ran GE, one of the largest suppliers of weapons of war. A guy who is now a multi-multi millionaire, close friend of Dick Cheney and never met a war he didn't like. His ties to the republicon party is historic.
I take it that you are not white and that you are letting your racial dreams show through!
Having a family of a size you can support is a lot different from breeding like rats and expecting others to support them. Your ability to ride on the backs of others is perpetuated by a Liberal mindset of others owing you for something you have never earned!
If you ever manage to kill the goose that lays the golden welfare egg where will you be then?
WAIT HOLD ON
First GE, OWNER OF NBC, is a liberal company...
...and then they are Republican...
okay, aside from telling the stupid extremists to just SHUT UP, not because they shouldn't speak, but because every time they do they prove how stupid they are...how about us independents and actual election decision makers just take a step back and laugh about how MORONIC extremists on the left AND the right keep making stupid nonsense out of things like which way a company votes.
Because if you have voted only for one party all your life...you fall into that category of needing brain surgery.
Jack Welch will save a huge amount of money if Romney is elected. Just like a lot of right wing robber barrons.
Doesn't Jack Welch looks like the Penguin in batman??? Creepy if not funny! LOL!!
http://animalvideo.org/?p=2758
Just another s&%thead in the facts optional universe. Black people in the white house are a bitch, huh, Jack!!
I will take DoL's word over this midget's word. This guy has gone senile. At 68 he left his lifelong wife for a younger model.
anyone else outraged that Sununu called the black guy in the white house "lazy"?
so what Welch is saying is that the thousands of civil service employees that work at the Department of Labor have all become Democrats.
That's the stupidity quotient at work--when people say that this agency or that department is doing something questionable, they fail to realize that although the people at the top of the ladder change with a new administration, the huge majority of workers do not.
If the statistics are somehow unreliable now, how can one assume they have ever been accurate? Answer on a postcard, Jack.
Will someone tell the senile old fart to enjoy his last few days in peace... People like him have caused enough damage to the hard working middle class ... Belong to the same white collar goons club who cook their books and pay no taxes and ride on the backs of masses!
For him to question the veracity of the numbers is rather silly ... Where govt stats may contain errors but the people who work on them are honest law abiding unlike the crooks in corporations who define what gets reported!
The U.S. unemployment rate dropped to 7.8 percent according to a Labour Department report. Employers added 114,000 jobs in September. The figures for July and August were also revised, with the U.S. economy adding 146,000 jobs per month from July through September...
Still the economy is sluggish and many of the the jobs added were part time jobs. 8.6 million of those employed want full time jobs, which represents 7.6 percent of the workforce...
The Labour Department reports that among major working groups the unemployment rate for adult women was 7 percent percent, whites 7 percent, teenagers at 23.7 percent, blacks 13.4 percent and hispanics 9.9 percent. The rates for youth, blacks and hispanics remain unchanged. Labour Department
So ALL these new jobs were obtained by whites???
40.1 percent or 4.8 million people have been unemployed for more than 27 weeks. Discouraged workers, those that believe no job is available for them, amount to 802,000 people...
Canada with a population the size of California, added 52,100 jobs, which was five times more than economists had expected. Yet the unemployment rate edged up to 7.4 percent. Does that make sense? This is half the jobs the U.S. economy created.
The vast majority of Canadian jobs were full time jobs and were taken by the 22-54 age group...
reference - http://www.allvoices.com/contributed-news/13125764-us-unemployment-rate-dips-to-78-is-the-us-economy-recovering
I worked in DC, compiling Pilot & Aircrew training results. It was very easy to manipulate the numbers, the hard part was seperating the POLITICAL numbers and the REAL numbers. Fortunately I had a Full Bird covering my six and more than one way to verify the numbers...
Jack Welch was famous for creative accounting (a.k.a. cooking the books) while at GE. It's rich that he would accuse someone else, WITHOUT PROOF, for doing what he did for decades.
His recipes allowed GE to post incredibly steady growth numbers regardless of what was happening around the world where GE had its businesses. He and GE shareholders benefitted tremendously from this chicanery.
Once he retired, his successor was unable to continue the trickery, and things have not been so rosy for GE or its shareholders.
Opps..
The question should have been...
So ALL the gains reported were obtained by just females & whites???
Read the report here - Labour Department
So no one is questioning the report, just 'Shooting' the messenger...
AC: It's an election year, Obama got his butt kicked during the debate and needs some bolstering to help prop him up. Those numbers are very 'timely' for his election needs, downright miraculous you might say.
Bottom line, most people have already made up their minds, the Obama fans will disregard anything that makes him look bad and of course they'll vote for him. Not too many people are aware of the White House telling Defense contractors to hold off on those lay-off notices until AFTER the elections, asking them to break the WARN law so that Obama will look good with the numbers. Just think what would happen to his ratings if those thousands of pink slips were to hit before the elections? Then, those pink slip are coming as a result of Obama's cuts to defense spending, oh my, a double whammy, can't have that.
Scrape that splooge off your leg and fling it onto his forhead Mathews!!
Another wealthy Republican America hater throwing a tantrum because things didn't go his way.
Republicans have become a true and present danger to our country, and if it keeps up, it won't end well for their Party.
800k margin of error 400k seriously how is that concept hard to understand? For a margin of error that high compared to the value the confidence in the numbers has to be far below standard scientific values of around 95% or higher... Now that doesn't mean the data isn't correct, nor does it mean it was manipulated. It means it should be suspect and double checked.
We need to create 150,000 jobs/month just to stay even with populatioin growth. We added 110,000 jobs and the rate drops this dramatically? I don't blame Mr. Welch for raising an eyebrow for a job report with such a dramatic dip which helps the current administration 30 days before an election.
As someone mentioned above, we inexplicably drop the unemployment rate not only when people get jobs, but also when they give up and drop out of the job market. Our labor participation rate is the lowest its been since the dismal Carter economy.
I agree with you. Anyone that thinks 120,000 jobs will drop the unemployment percentage .03 is too stupid to live, let alone vote.
joe mota:
kama,
Not so. Actually the head of the Department of Labor is a position appointed by the president and confirmed by the Senate. All of the upper and middle management are political appointees.
These reports were first issued in 1947. Each and every administration used data from the U-6 section to create these reports. The Obama Administration is the only one that uses the U-3 portion of the monthly data. The difference? The August and September U-6 numbers are the same: 14.7%. G W Bush had an average of 5.3% unemployment rate and W J Clinton;s was 5.15%. That is for an eight (8) years time span.
The August U-3 went DOWN from 8.2 to 8.1 and the U-6 figure went to 14.7% from 15%.
Gjalt
This is what most logical people are so bewildered about. We are not even keeping up with the eligible workers that come into the pool each month. For this drastic swing to happen a month before the election is even more suspect. I dont think these numbers are going to sway voters opinions one way or the other. Libs will vote lib, conservatives will vote conservative. Independents, not awash in political bias, will see these numbers for what they are...a complete fabrication.
you folks do realize that the drop was only 2 tenths of one percent right? 63000 yes nearly half were govenment jobs. 83,000 wer PART TIME jobs. don't know about the rest of you but this isn't big news to me. As soon as the holidys are over nearly 500,000 part time jobs will come to a close. Then what ? Kohl's Walmart, Penneys' sears, Target and others have been saying they are going to add up to and over 50,000 part time jobs for the up coming season. to me to only see this little smidge of drop in unemployment means we are really hurting yet and there is no plan in effect to change that. When these PT jobs end and 10's of thousands of soldiers are furloughed and many more thousands are laid off from defense contractors right after elections ( we get to pay legal fees for not letting them know they are getting laid off thanks to Obama's deal with the contractors) all of us will experience major unemployemnt and maybe not a big recession but a full on depression. Go ahead and pat the smooth talker on the back if you care too.Those of you who are supporting Obama have not yet been affected by his policies, but you will soon and then it will be too late to take you vote back. those who have put themselves up on such high pedistals have the furthest to fall.
Any of you liberals wonder how Obama got to be as he put it "extremely fortunate like gov Romeny and I " ? How do you reach that level of fortune to stand beside Mitt Romney after being a Senator and now President ? Senator , what 70- 80 thousand a year and President 200 thousand. Sure it is more than I make but hardly the level like Romeny . Heck Romney paid more in taxes last year than obama made from all of his office salaries combined. So where did his affluence come from?
What is funny is that more jobs were created the month prior, and it was considered a disaster for O'bama hehe. Pure manipulation is all this is.
They may not have cooked the books - but they sure as Hell cooked the methodology -
I say 3 cheers to Jack!!! Lets see
Fast n Furious = Cover-up
Benghazi gate = Cover-Up
Obama asking defense contracters to BREAK THE LAW & not hand out pink slips -
then Obama offers Tax payer $$ to defend the very ppl HE asked to break the law........
Is it such a stretch to think Jack is correct?
Chicago (thug) politics are in play? I think not
Obama the
Commander in ChiefChef in Command. LOLHe robs banks at night, silly boy! Most people in the U.S. do not make anywhere near 200,000. So, to me he is affluent! He was talking to us! Not to Romney's cronies!
And, to those that think Obama choked! I saw a man biting his tongue, trying not rip into Romney & his crew!
Jack is trying to say that the numbers just don't add up. Normally a larger snapshot is taken of the employment numbers than it was this time. He is also taking a look at the economy in general. You Liberals can scoff at him, but he is one pretty smart guy. Maybe if you had a course in Economics, you might understand what he is trying to say. Considering the people who put these numbers together are Obama contributors, and since Obama had such a poor debate, and considering the smaller sampling that was done, Jack just may be right.
I see that my post has been collapsed. It must be nice to be able to post the fact that you cannot wait for the white race to die off like Gwenie did, and not have anyone able to rebut your racial dreams!
Yes, I am white and proud of it. Anyone who can say they are ashamed of their race instead of being proud of who they are pretty sorry individual! Anyone who thinks that the world is better off if one of the races of man dies off is a very sorry individual!
Now, begin your posts and let your racial hatred show through!
Jersey girl wrote:
" Normally a larger snapshot is taken of the employment numbers than it was this time."
Source? Link? Are you talking about the establishment survey or the household survey? Do you even know which is which? The snapshot is always about the same size.
The "people who put these numbers together" are federal civil servants, most of whom have been employed for years, under both Republican and Dem administrations. How can you know so little and act as though you know a lot?
Avenger wrote:
"How do you reach that level of fortune to stand beside Mitt Romney after being a Senator and now President ? Senator , what 70- 80 thousand a year and President 200 thousand. Sure it is more than I make but hardly the level like Romeny . Heck Romney paid more in taxes last year than obama made from all of his office salaries combined. So where did his affluence come from?"
Are you really that dull? Obama did release his tax returns, and they show a fraction of the income and assets of the Romneys, for heaven's sake. Senators make about 174,000 a year; the President makes about 400,000 a year. Michelle worked (yea, she's a Harvard law grad) and made a salary of about 200-300K a year her last couple of years. Obama wrote two books that were best sellers and made royalties from those. Despite all of this, Obama's income was piddling compared to the millions reported by Romney while he was joking about being "unemployed".
If people engaged their eyes to do research, their heads to do some logical thinking, before they engaged their fingers and mouth to spew misinformation and lies, this country would be a lot better off.
Jack Welch added 0.2 and 0.3 and got 0.6. Enough said.
Middle Molly:
That is correct. As of January 2001, the USA president earns a $400,000 annual salary, along with a $50,000 annual expense account, a $100,000 nontaxable travel account and $19,000 for entertainment. Their food and drinks, personal belongings, laundry service (dry cleaning), parties, etc. are paid by them. All official State Dinners and other federal government events are paid by the USA federal income tax payers.
Plus, all living former presidents were granted a pension, an office and a staff. Retired presidents receive a pension based on the salary of the current administration's cabinet secretaries, which is $191,300 each year as of 2008.
W M Romney has stated, when elected, he will donate his salary to he USA federal government. As the Governor of MA, he donated his salary back to the state. As the head of the 2012 Winter Olympic Games, he did NOT accept any compensation.
Well done Chris! You have my attention and i will now be following you.
You ought to watch Charlie Rose interview Chris Matthews, on the debate between Obama and Romney. An entirely different Matthews than on his Hardball show. Matthews clearly defers to Rose.
Jack Welch squeals like a constipated Gerbil with hemorrhoids. Few things in life more pathetic than an old fart jockeying for attention. Ought to be bitch slapped, then, prematurely pickled.
obama wont win this Nov. no matter how how hard you dems try to degrade Romney. obama blew it during the most important debate! 46 million households saw obama choke trying to defend his ineptness as a president. It's hard for dems to fathem the thought of having to give up the hand-outs and go find a job!!.
7.62 must be your IQ. Only a fool would vote for Mitt. He may have won a debate but he continues to back step and flip flop so how does anyone know for sure who he is or what he stands for. I saw how he outsourced U.S. jobs to Asia while he was the governor of Massachusetts and thousands of U.S. workers were left unemployed. Now he criticizes President Obama on jobs? This guy might be the epitome of a liar talking out of both sides of his mouth. You're going to be disappointed in November 7.62 when the Repubics lose again. Oh and try using the spellcheck it will help you learn to spell. fathem? lol
“I have no evidence to prove that, I just raised the question.”
Hey Jack-a s s,.
This administration is using the formulas devised by Ronnie Ray-Guns and used by Ronnie, Bush I and jr. Didn't hear you squawk when your friends were in the WH and using the same formula. Look up hypocrite and Jack-a s s' picture is there.
One thing I love there is always one con on here who shows just how stupid the right wingers in this country are. Tonight's winner: post 2.3
OBAMA/BIDEN 2012 MY VOTE HAS ALREADY BEEN CAST.
@7.62x39mm#2.3: The President will beat Romney like a rented mule. Romney can't win for losing.
You guys all have a short memory. Six months after Neutron Jack retired, GE had to restate their earnings for the prior 4 years. Turns out that Jack was cooking the books to inflate the stock price (and his annual bonus). So - since he was a crook, he expects that others are also.
He cannot imagine that anyone in authority is honest because he and his republican peers are not.
Mr President & MSM.....
Why did you rally to protect BIG BIRD within 24 hours, yet you didn't lift a finger to protect Ambassorder Stevens (or any other American) on 9-11?
Why did you literally leave Stevens to DIE despite his pleas for help?
Does saving BIG BIRD carry more political optics than
saving American lives? Do you think it was a mistake for Stevens to TRUST YOU?
It cost him his life.
~ If you & your whores in the MSM will L I E about Benghazi Gate
its not too much of a leap to think you'll L I E about manipulated unemployment #s is it?
Love2troops- He rushed to Big Birds defense because Big Bird is actually worth 400 million and is still riding on the taxpayer dime. How could Obama and the Liberal not admire him!
no integatery in this administration
In the name of God, learn to SPELL.
It's Integrity ! Something President Obama has, and Gov. Romney does not.
In th name of God, learn to USE PROPER PUNCTUATION.
It's something President Obama has and Gov. Romney does not.
In the name of God, if you criticize someone for improper punctuation, punctuate and use proper grammar yourself. You don't spell out one title (President) and abbreviate another (Gov.). While on the subject of integrity, why would the President claim that the attacks in Benghazi were a spontaneous demonstration (with mortar rocket fire), and then, one full week later, admit that they were part of an orchestrated terrorist attack.
Learn how to spell and try finishing high school first before submitting your stupid comment, moron.....
In THE name of God, learn to type and not drop letters!
Regardless of integrity or spelling and grammar, none of this has anything to do with the unemployment numbers.
The BLS use a very precise detailed method using a huge data sample. It is of course, an estimate, but from a statistical standpoint it is going to be a pretty accurate reflection of reality. Skewing of the data is virtually impossible. Like any other survey based data, it can not guaranteed to be 100% accurate, but it is going to be very, very close.
Jack Welsh obviously doesn't have a clue how data is collected and is probably just like 99% of the population that really doesn't how data is collected and tabulated. Take 15 minutes and educate yourself on how the BLS produces these numbers. Once you understand how they do this, you will see that the numbers aren't manipulated. You will also see just how ridiculously complex it would be to do so.
You might debate some of the definitions, but you will see that regardless, the relative number from month to month has a high degree of accuracy built into the methodology.
www.bls.gov/cps/cps_htgm.htm
WAIT HOLD ON
First GE, OWNER OF NBC, is a liberal company...
...and then they are Republican...
okay, aside from telling the stupid extremists to just SHUT UP, not because they shouldn't speak, but because every time they do they prove how stupid they are...how about us independents and actual election decision makers just take a step back and laugh about how MORONIC extremists on the left AND the right keep making stupid nonsense out of things like which way a company votes.
Because if you have voted only for one party all your life...you fall into that category of needing brain surgery.
Rich Norden
While on the subject of integrity, why would the President claim that the attacks in Benghazi were a spontaneous demonstration (with mortar rocket fire), and then, one full week later, admit that they were part of an orchestrated terrorist attack.
Hum. Ya think maybe, just maybe, in the intervening week the administration got more detail Intel? You people gotta get off this tv addiction that every problem is solved within an hour or two. In real life things don't happen that way. They change, morph, and more detailed intel comes along. I know the concept of thinking has become foreign for too many Americans. All one has to do is read the posts here and on other sites.
Imwhitewolf-Far too intellegent and nuanced answer for this forum...
white wolf - why would anyone take wild accusations about the Libya attack before the facts are known. I know that 'W' did this to invade Iraq, but intelligent people wait for evidence before making claims. To make that claim without evidence makes one a nutjob.
As you note - after the evidence was in, the Obama administration changed their answer as to what happened. Guess that it is hard for republicans and war-mongers to accept that intelligence is applied to what comes out of the administration's mouth.
I manage a band of 20-something year olds. I put the onus on them to get jobs before I would book them on the all important Fri.-Sat. nights. Last week, the last of them took a job at Target. We're on!
Mr President & MSM....
Since you labeled the FT. Hood shooting as "work place violence" not Terrorist attack..(how would that look on YOU)
you aborted any hope of the surviving American soldiers to receive any Government BENEFITS for the shooting...
Meanwhile you have spent 2.1 BILLION in Tax Payer money for FREE Obama Phones..
Why do American Soldiers always get the metaphoric finger from you?
How can you come up with TRILLIONS to fund your Food Stamp FATTIES
(wheres Michelle & Obesity) yet
American soldiers ignored & cast aside...
You are great at creating "victims" who vote DemoRAT -
Service men & women STFU?
The Obama administration knew the day after that it was a terrorist attack. The email from one of the people killed just hours before, pointed to a terrorist attack when he talked about the guards taking pictures of the Consulate. Why did Stevens ask for more security if he wasn't concerned? Stevens was much more aware of what was going on in Libya because he was actually there. The Secretary of State's office ignored his pleas. Then we have the DNC convention that touted (gloating) killing Bin Laden for an entire week. Then you have 9/11 where security is always beefed up, but wasn't. Obama was too busy campaigning to actually do his job.
Bush and the rest of them used the U6 figure on unemployment which stands over 14%. Obama uses U3 which puts unemployment at 7.8%. Both are truthfull but far different pictures of the current situation!
I double down on the Republicans killing the economy conspiracy fact! Why is the worst unemployment in the Republican districts in California?
That is a conspiracy we all know to be true
It is because Obamas stimulas dollars went to Democratic districts only.
What a stupid thing to say. The states decided where stimulus dollars would go, not the Obama administration. Ask Paul Ryan, who begged for more and stated that it would be a tremendous help to his state.
glad2bejcs: your comment is JPS (Just Plain Stupid).
It's not a conspiracy when everyone knows they're doing it. It's more like business as usual for the GOP.
it's like this everywhere. The "Red" states always have A> the most poverty, and B> the highest reliance on government funding.
It would be idiotic not to assume that Red counties wouldn't be the same way when compared to blue counties.
rob McDonald- They end up with Republicans in office when the people have been beat over the head so hard by Liberal ideology that they are all broke and need someone who will be on their side!
Rob McDonald
I double down on the Republicans killing the economy conspiracy fact! Why is the worst unemployment in the Republican districts in California?------------
Could be the same reason that 8 of the 10 states with the highest percentage of Romney's 47% are RED states. One leans towards Obama and the other is a toss-up. It amazes me how much the right wingers cry and bemoan government spending yet the statest getting more in federal spending than they do contributing to the federal coffers are, you guessed it, RED states. What's even funnier is those ignorant right winger continue to vote for the party that wants to interject themselves in American bedrooms while crying about the power and size of the federal government. The rethugli-con swill is a strong, strange brew.
Conservatives: I encourage you not to engage in a pissing contest with the Obama Lemmings who post on here.
Their uninformed dishonest hate filled remarks will speak for themselves.
I am here to expose the deplorable & FATAL incompetence of our "Rock Star" Messiah Obama & his Lap Dogs in the MSM.
The FACTS & the TRUTH are on our side.
All we can do is continue to expose them for the corrupt leftest they are.
Angry old white men
Baseless claims!!! Smh “I have no evidence to prove that, I just raised the question. I don’t take back any part of that tweet.” Jack Welsh
The Platzner Post Facebook, and Twitter
“I have no evidence to prove that, I just raised the question.”
In other words, I just made that up.
Jack imitating Harry Reid.
Wasn't GE one of the companies that hasn't paid any taxes for years? You know, like Mitt Romney for the past ten years.
I'm not voting for him, but the New York Times stated Mitt paid $6.2 million in taxes for 2010 and 2011 combined. If you are going to hurl insults, please try to be accurate at least. Have a great weekend.
When Jack made his claim he was walking in the footsteps of Harry the molester Reid.
When Crazy Harry made his claim every Liberal in the country jumped all over it! They then demanded that Romney prove it wrong! I guess it matters a lot where the accusation is coming from!
Now Obama, give us all the info and we will see if Jack was right!
Welch said that the left has been calling Romney a liar. Is this "tit for tat?" Unfortunately, Romney is a liar and we just heard all of his b.s. lies from the debate Wed. night.
Even the left wing mantra stated Obama lost the debate, move on to a subject you have a chance at actually debating.
Reesa - Romney's own team called him a liar. Actually they said that he mis-spoke again. Several times. They weren't lies. Just intentional mis-statements.
As soon as the debate was over, robme's handlers were in the spin room TAKING BACK or " clarifying what he meant to say" .( in other words trying to walk back the lies) I've said for a year now, robme has some kind of dementia /early Alzeheimer's going on. NOW, I think it is multiple personality disorder. He can't even remember from day to day what script he is on. Ann robme as much as confirmed it with her " worry about his mental health" remark. This man is an empty suit/puppet handled by puppet masters behind the scenes. Scary indeed.
Good grief. Whether the jobs are for the government or private sector aren't having more folks at work a good thing. Do we have to fight about it?
The GOP doesn't like good news unless they have the WH. They would throw us all under the bus to win at any cost... and they have been in the house for the past 2 years.
Mike4, You're the typical moronic liberal. The private sector funds the government jobs. If it were that simple, we should just all sit home and wait for the government to mail us a check.........wait, isn't that the new era democrat way?
7.8% unemployment...you can't handle the truth.
The truth is that 7.8% unemployment is a nightmare, especially for those affected.
The truth is that the defense contract employees aren't getting their pink slips until after the elections, Obama requested that they not give out the layoff notices despited the fact that the administration is asking those employers to break the WARN law about sixty days advance notice. Also, the administration has stated that they will cover any lawsuits as a result of adhering to their request. Now, isn't that interesting, especially when you factor in that the layoffs will be happening as a result of Obama's defense budget cuts.
7.8% unemployment, plus another 7.6% only working part-time jobs...
The majority of the NEW JOBS being counted were part-time positions...
40.1 percent or 4.8 million people of the 7.6% have been unemployed for more than 27 weeks...
And the ones not counted;
6.5+Million - The number of job losers and persons who completed temporary jobs during September...
2.5+Million - That had not looked for a job, during the last four weeks...
802,000 - Discouraged workers, those that believe no job is available for them...
But according to the report, Almost ALL of the NEW JOBS went to adult male/females and whites. Little or no changes in the teens and non-whites see Labour Department
By my count 9.0+Million lost or finished their job during Sep. But 114,00 new jobs were obtained and the Obama administration is saying this is good news...
Yes most kids are too lazy to work. When did Romney or his wife ever work. You can bet a nanny raised those kids.
2% unemployment, a statistical impossibility, is bad if you are among the 2%.
Now everyone - be fair. Remember that unemployment and the debt only matters when a Democrat is president. Even Cheney stated that the debt did not matter when W was president. This is all a game. After all - Romney's 5 trillion dollar increase in the debt due to the tax cut for the rich and the 2 trillion dollar increase in the military is only using 'pretend' money. And since we will invade Iran, Venezuala, Cuba, and god knows what else if Romney is elected - we will need a 'supersized' military.
After all, the republicans say that Roosevelt only got us out of the depression by going to war (government spending), then they say that spending cannot get the economy going. So - they will claim to be right no matter what happens. And Romney's puppet masters will try to get us into another war to take care of their financial backers.
Mike - More government jobs require more tax dollars. The answer is not adding more jobs, it is adding more private sector jobs. Approximately 96% of U.S. workers work for small companies. If BIG government would get out of the way of small businesses and allow them to create the private sector jobs then you would see the real unemployment rate go down.
Mr President & MSM......I ask you
Considering your hero Yugo Chavez is facing a little trouble in his bid to get re-elected..
Do you think you might want to re-consider your moratorium on Drilling for OIL in America?
Why exactly is it you refuse to allow the Key Stone pipeline?
Why are you so against Americans becoming independent of Foreign oil from Anti American Nations?
Do you have such contempt for your own Country..It can't be all this enviorment BS can it?
you'd rather keep us at the Mercy of Foreigners?
Much like you Kept Ambassador Stevens at the Mercy of Radical Muslims? He paid with his life....Will we?
Mr. President.....
Are you ashamed that even if these numbers were true (not manipulated) the so called "JOBS" are measley part time minimum wage jobs?
Is your agenda to get all Americans to settle for the CRUMBS you distribute?
Using the US treasury as your own personal slush fund? Are we to accept your dismal scraps & call them "recovery"
How can U & Michelle burn thru over 2 BILLION tax payer $ last year alone?
in perks parties lavish vacations designer clothes etc etc.. For a man who "cares" about the middle class You sure as hell don't respect OUR MONEY!
The great job creator speaks. The great "Promise To America" was the biggest Republican lie. We should not be surprised.
Smashcheese- You had me on your side for a second, and then you blamed the Republicans. I guess you figure that Obama hasn’t lied! Wow, what a dumbass statement on your part.
If you figure the amount of debt that Obama has run up to gain such a small amount of ground in the job market, it is appalling!
I check all sources of news including that from overseas sources, and I can tell you a couple of things you do not want to hear about your messiah. He is a devote hater of our way of life and would do anything to destroy it! Check out his speeches prior to his run for the presidency. His flag burning attendance, his praises of Islam, his dream of reducing this country to a third world status!
Then if you have the ability, read his health care bill. If you still support him after that you definitely have a screw loose!
Why is this man getting any coverage?
What an ass.
Uncle Fester needs to move to Aruba, and take over a duplex with Limbaugh.
OBAMA WOULD'NT RECOGNIZE Integrity IF IT BIT HIM IN THE A$$.
Would you recognize a spellchecker if it was built into your browser?
BTW - nice job cut'n'pasting that hard-to-spell word into your all-caps prose.
Welch and his cronies can laugh in your faces and drop a few more millions into the campaign just for fun.
People - this is our system !
So when are we tacking it back then?
Jack likes to fire people too.
Conservatives are like children. They need to be spanked
So a bleeding-heart liberal who's into child abuse. In case you haven't heard spanking is now child abuse, probably courtesy of the libs.
Oh Richie, I'll spank you anytime!
lol
there's 142,000,000 worker in the us.... in order to move the unemployment figure 1/10 of a point you need 142,000 new jobs....for 3/10 points increase you'd need 462,000 new jobs....so how did they do it with only 114,000 jobs? like obama said it math, arithmetic......looks like fuzzy math to me.
stayinformednow,
Ironic you use that handle, as you quite obviously are not informed enough to know that the U/E rate is NOT a percentage of the US labor force. Never has been. Never will be.
When you finally DO become informed, come back and see us.
And you said all of that to say what?.....
Jerry, you are certainly capable of cutting and pasting. Too bad you missed out on the reading comprehension test. Here's where you first posed the question, WITH THE ANSWER GIVEN:
That is standard. It has been for many years, under Republican administrations and under Democratic ones. "They haven't looked for work in the last 4 weeks". You may complain about it all you wish. You may think it is unfair or obscures the final result. But it's been that way for years! It ain't something new that they just put in to help Obama!!!!!!!!
Jerry is another one copying Neutron Jack. They will cook the books to make their point. Just another liar. Or as the republicans call them - a successful businessman. They are not cooking the books, just altering facts to support the need.
If the facts as publicized don't support the claim - make up data to support the claim. After all - they are just words and numbers. Truth is subjective when one does not agree with it.
Bush used U6 to formulate the unemployment numbers given to the public. U6 unemployment numbers now stands at over 14% unemployment!
Obama uses U3 figures to formulate unemployment numbers. U3 numbers for unemployment now stand at around 8%! Or, 7.8 if you want to believe it!
I guess we know why Obama uses U3! But he cannot hide from the misery index. It is the highest it has ever been!
Crazy old fart.
Dimentia is a sad thing.......
No, you're spelling is a sad thing; it's dementia.
Ask Biden...
It is "your."
Rich, "you're" is a contraction of "you are" and not the possessive you appear to believe it to be. People who live in glass houses...
<sarcasm> "Obummer"...... oooooh coffeedrip, you're SO clever. Everyone step back - coffeedrip is in the house and he has ALL the answers. </sarcasm>
If anyone believes the ex ceo of a major American corporation which doesn't seem to pay taxes in this country is worried about the number jobs for the working class going up or down, I have some ocean front property I would like to sell you. It's in Oklahoma. It is all about which party will be most friendly to him and his cronies. I don't have enough money to qualify.
If this is a conspiracy, why in God's name wouldn't those numbers come BEFORE the debates to throw the GOP off balance? If it was something nefarious, wouldn't it have more impact to release the report BEFORE the debates so the President can have something to trumpet about. By saying "I have no evidence to prove that", they just take all credibility out of the argument. When I last checked, sanity and logic usually rely on evidence to back up their viewpoints. Some folks have really gone off the deep and seems to me just wants America to fail so they can climb back into power - a bad job report (with real families out of work) would have been celebrated by these folks. Anything to win power I suppose. Geez.
The data are released on the same day every month. It would be fishy indeed if they came out before the markets expected them.
In my mind, that would indicate some level of integrity given that the Administration knew about these numbers yet did not leak or trumpet them prior to or during the debates.
If Obama could "cook the books" why didn't he start a couple of months ago?
Okie joe- Because now he is desperate!
The old adage, figures don't lie, but liars can figure!
800 thousand people not counted but what the hell. It would not have given Obama the outcome he wanted
Welch is a lair and nothing less this Is another Billionaire who is afraid he will have to pay his fair share in income tax and won't be able to keep all his tax deductions ! If president Obama wins in November ( and OBAMA will win ) He is afraid that he and his billionaire friends won't to keep oppressing the middle class !
Yeah, sorry Jack, but that dog won't hunt. Is it really so surprising to find that people who are "good with money" can say idiotic things?
If I were President Obama, and I was going to "cook the books" on job numbers, I'd be a lot more aggressively optimistic with my "cooked" numbers than what the BLS released today. And then I'd have to pay off every potential whistle blower among the career Civil Service employees who staff the BLS.
Those conspiracy theories are just a bunch of nonsense.
And I would have started a couple of months sooner.
Chris is my hero! He just ripped Jack Welch a new one.
Welch is just another fat cat trying to become even richer at the expense of the middle class.