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Politics

Jack Welch: White House Manipulated Jobs Numbers to Boost Re-Election Prospects

Former General Electric CEO accuses the president's men of cooking the books

Reason Staff | 10.5.2012 11:16 AM

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Former General Electric Chief Executive Jack Welch charged Friday that theWhite House manipulated the sharp drop in the unemployment rate to help President Obama's reelection campaign.

Minutes after the Bureau of Labor Statistics reported that the September unemployment rate had surprisingly plunged to 7.8% from 8.1%, Welch took to Twitter to say that the numbers were cooked to give Obama a boost following what many analysts said was a poor debate performance on Wednesday.

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NEXT: Gary Johnson: Not Releasing Taxes, Had Big Losses, Maybe Romney Did Too

Reason Staff
PoliticsEconomicsUnemploymentElection 2012
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  1. Jesus H. Christ   13 years ago

    The numbers have been a lie for how many straight weeks, and there’s been almost no outcry? Who can blame him for cooking them a little more than usual. There seems to be no end to his follower’s ability to justify his deceit.

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