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Jack Welch: I Was Right About That Strange Jobs Report

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Jack Welch: I Was Right About That Strange Jobs Report
The economy would need to be growing at breakneck speed for unemployment to drop to 7.8% from 8.3% in the course of two months.

By JACK WELCH

Imagine a country where challenging the ruling authorities—questioning, say, a piece of data released by central headquarters—would result in mobs of administration sympathizers claiming you should feel “embarrassed” and labeling you a fool, or worse.

Editorial board member Steve Moore on the good and bad of the jobs report and whether it will help President Obama’s campaign.

Soviet Russia perhaps? Communist China? Nope, that would be the United States right now, when a person (like me, for instance) suggests that a certain government datum (like the September unemployment rate of 7.8%) doesn’t make sense.

Unfortunately for those who would like me to pipe down, the 7.8% unemployment figure released by the Bureau of Labor Statistics (BLS) last week is downright implausible. And that’s why I made a stink about it.

https://online.wsj.com/article/SB10000872396390444897304578046260406091012.html?mod=WSJ_Opinion_LEADTop

9 thoughts on “Jack Welch: I Was Right About That Strange Jobs Report

  1. Some executives should just leave the public stage on a high note. Blathering on twitter diminishes his stature.

  2. And the Aide really is stealing from you.

  3. Go back to Lost Tree and just play golf you are no longer of any importance.

  4. you ignorant peaces of crap couldn’t hold a candle to Jack Welch

  5. typical arrogant Ridgewood loser , and it used to be such a GREAT town now were left with looney’s attacking Jack Welch

  6. To the morons above my daughter and i have personally met and spoke with Mr. Welch in Fla. and i still say the man is no longer of any importance.

  7. Jack Welch put himself out there with his crazy comments. Why shouldn’t people respond? He is probably home trying to figure out why he can’t turn the TV on with his universal remote.

  8. yes those employment numbers are so believable heheheheheheheheheheheh

  9. really ask the Libyan Ambassador , if there is a security issue , Obama and the dopes on cap hill are simply not credible what so ever

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