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Jack Welch Refuses to Back Down on Unemployment Numbers in Fiery Exchange With Chris Matthews

Oct. 6, 2012 12:51am Jason Howerton

Jack Welch Refuses to Back Down on Unemployment Numbers in Fiery Debate With Chris Matthews

(MSNBC)

In a heated debate with MSNBC’s Chris Matthews, former General Electric CEO Jack Welch doubled-down on his claim that the Bureau of Labor Statistics survey released Friday, which showed a spike in employment and a drop in the unemployment metric from 8.1 percent to 7.8 percent, is bogus.

Welch explained his rationale to the MSNBC host:

“We had 600,000 government jobs added in the last two months. We had 873,00 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 the president started. Although, I don’t see anything in the economy that says these surges are true.”

When Matthews asked him if he had any evidence to prove his assertion correct, Welch admitted that he did not.

“I have no evidence to prove that, I just raise the question,” he said.

“But you didn’t raise the question,” Matthews shot back.

“Did you talk to any economist or any people in the national income accounting world that understood how these numbers are put together before you accuse these ‘Chicago guys’ of changing the numbers?” the host asked.

Welch then repeated his position that the unemployment numbers were generated based on a “series of wild assumptions.”
Matthews then asked if he wanted to take back his accusation that the numbers were intentionally fudged.

“No,” Welch said defiantly. As Matthews grew frustrated with his guests defiance, he accused Welch of irresponsibly alleging wrongdoing by the president of the United States without probable cause. At this, Welch laughed — literally.

(MSNBC)

“It’s not funny, Jack…You’re talking about the President of the United States playing with the Bureau of Labor Statistics’ numbers. This is Nixon stuff. This is what Nixon said back in the old days,” Matthews said.

“Chris, don’t lose it now,” Welch said.

“I’m not losing it. Look at my face. I’m not losing it,” Matthews said.

“Jack, do you want to take back the charge that there was corruption here,” Matthews asked again, getting the same answer.

“You don’t think it’s coincidental that we’ve got the biggest surge since 1983 in the jobs surge? Come on, Chris,” Welch said, refusing to back down. “It’s a six percent improvement in employment in two months…The numbers don’t jibe.”

He continued: “These numbers defy logic. They defy logic. We do not have a 4 to 5 percent booming economy with 873,000 people added. I mean, stop it, Chris. On the face of it, we don’t have this GDP. I love you, but you can’t get there.”

Matthews tried one more time to get Welch to walk his statement back, but it was useless. However, the guest did admit again that he has no “evidence whatsoever” of “corruption.”

Welch said he was just “raising the question for some good analysts to go look at.”

Watch the entire fiery segment via MSNBC:

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Comments (447)

lassiegirldawn
Posted on October 6, 2012 at 2:00am
This is surprising since the new CEO of General Electric is in obummers pocket. Too bad this guy is still not the CEO. A lot of gangsters couldn’t do what our commie in chief has done. I don’t believe for a minute that these numbers were not fixed, who are we going to have investigate “Eric Holder” and the DOJ. I sincerely doubt it.

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- SCREW-WINDOWS
  Posted on October 6, 2012 at 6:49am
  Is this a ruse to show QE3 is working and don’t forget if the unemployed are now collecting disability they can be counted as employed adding to the fudged numbers.
  
  Report this comment
- Johnny U
  Posted on October 6, 2012 at 8:45am
  Romney just kicked my ass get me some ammunition,
  
  AH what kind of ammunition boss
  
  More of the same BS.
  
  Report this comment
- Mil Mom
  Posted on October 6, 2012 at 3:45pm
  @lassiegirldawn
  Posted on October 6, 2012 at 2:00am
  
  This is surprising since the new CEO of General Electric is in obummers pocket. Too bad this guy is still not the CEO. A lot of gangsters couldn’t do what our commie in chief has done. I don’t believe for a minute that these numbers were not fixed, who are we going to have investigate “Eric Holder” and the DOJ. I sincerely doubt it.
  ***
  How about the head of the BLM which according to a headline on Drudge last night is one of obama’s largest donors?
  
  Report this comment
- Mil Mom
  Posted on October 6, 2012 at 3:49pm
  @SCREW-WINDOWS
  Posted on October 6, 2012 at 6:49am
  
  Is this a ruse to show QE3 is working and don’t forget if the unemployed are now collecting disability they can be counted as employed adding to the fudged numbers
  ***
  No, if you listen to Rush explain it, when they can no longer collect benefits they are just erased from the system and no longer counted by BLM on the U3, which is what they normally release, but several analysts have said that’s not what they released this time and I haven’t had a chance to look into it.
  
  Report this comment
- damon_k
  Posted on October 6, 2012 at 3:57pm
  Jack Welch is one of the last of the old-style businessmen who understand the economy and free market. Read more insights at: http://smallcraftadvisorychronicles.blogspot.com/
  
  Report this comment
- cbrown
  Posted on October 6, 2012 at 4:51pm
  Welch (GE ex-CEO) and Langone (Home Depot ex-CEO) were successful in their career but they left office in disgrace. They blame this on the Liberal elite and media. Even to this day they carry this baggage. They are channeling that anger on Obama. It is only making them look bad.
  
  These folks are head strong folks, they will never change. Feel bad for them. These sorts of petty anger only kills a human being slowly.
  
  Report this comment
- BODYBAG
  Posted on October 6, 2012 at 5:15pm
  @LASSIEGIRLDAWN
  Posted on October 6, 2012 at 2:00am
  This is surprising since the new CEO of General Electric is in obummers pocket.
  Too bad this guy is still not the CEO.
  _________________________________________________
  
  I imagine Welch is socially cordial with Jeffrey Immelt — on a professional level, but
  I would be willing to wager Jack privately views him as an amateur brown-nosing punk.
  Jack Welch was a powerhouse on par with Lee Iaccoca.
  
  Report this comment
- turkey13
  Posted on October 6, 2012 at 7:38pm
  I don’t get this channel on my Dish (Deleted) but the look on the interviewers face looks like he just lost his best friend. If obama wants to look good he needs to send those that want to work to Oklahoma, State unemployment is 6.4% and here in S Oklahoma ours is 3.9%. Every store in town has a sign up looking for help. Solo Cup company has a permanent sign out at the enterance. You should see the jobs listing on our local Sunday paper. You would think it was a listing for Oklahoma City.
  
  Report this comment
- exposejesuits
  Posted on October 6, 2012 at 7:45pm
  Former Republican Florida Governor, election-stealing, cocaine trafficking Jeb Bush, along with former Republican Senate Majority Leader William Frist of Tennessee, as well as former Republican House Speaker Newt Gingrich and Democratic Congressman Barney Frank of Massachusetts, have been fingered as co-conspirators in covering up for the SEC and Christopher Cox in allowing the General Electric-Bernard Madoff derivative fraud scheme to operate.
  
  Report this comment
- SELECT
  Posted on October 6, 2012 at 9:09pm
  matthews is completely off his rocker. he is almost as bad as obozo. obozo thinks he knows more about the economy, about writing speeches, foreign policy intelligence than any of his advisers. how did Dr. Krauthammer describe obozo…Narcissistic Personality Disorder. (has a grandiose sense of self-importance) well, matthews is right behind obozo.
  
  Report this comment
- 2gether
  Posted on October 6, 2012 at 10:05pm
  Jack did not say, so THEY changed the numbers…he said “so change the numbers…”a rhetorical question that asked the question how could this possibly be. Amazing how inserting ONE false word in a message can change the whole tone of the message but I expect nothing less from Matthews
  
  Report this comment
- Farmhand82
  Posted on October 6, 2012 at 10:25pm
  Ever notice how our lefty trolls never manage to address the question? All they can do is attack the credibility of Welch. They can’t explain how the unemployment shift is even possible. Far as I’m concerned it wouldn’t matter if the question was being raised by a hobo on crack. The question itself is a good one. How in the world does the unemployment rate magically drop .4% in one month? We haven’t had that since the Regan recovery years, you know… when we had yearly GDP growth of around 5%. We’re not doing quite as well now. As in, not even 1/3rd that growth. Im not saying I’m sure it’s corruption but it is petty damn convenient, one month out of election day. Pretty suspicious.
  
  Report this comment
- bravjim
  Posted on October 6, 2012 at 10:46pm
  Of course they are fixed. I mean, come on, we add 120 k jobs and it drops the unemployment rate by 3 percentage points? It’s not even a believable lie it is so ludicrous to believe.
  
  Report this comment
- SolitudeBliss
  Posted on October 7, 2012 at 9:59am
  @CBrown It’s disgusting how brain-washed lemmings from either party will say anything to discredit those who do not repeat the accepted mantras. An Independent Voter and Thinker would say that YES the numbers were cooked. Any person with 2 functioning brain cells understands that if in August 113,000 jobs were created and the rate stayed at 8.2 and in September 114,000 jobs were created the rate cannot possibly drop to 7.8. And on your comments about Jack Welch as CEO
  
  During his tenure at GE, the company’s value rose 4000%
  
  Facts are Annoying things, aren’t they?
  
  Report this comment
- elr4
  Posted on October 7, 2012 at 10:03am
  The debate was tanked on purpose. He knew what the jobs #’s were going to be because he told them what they had to be! Then he slouched the debate for 3 reasons: 1 – he doesn’t give Romney the chance to defend the BS things from his ads, 2 – he backs off so he doesn’t put his foot in his mouth by inadvertently revealing his master plan of socialism like he often does from time to time unscripted, and 3 – He stands to gain more points overall from the #’s than he would by out debating Romney. Also he reduces his overall unscripted exposure by 1 debate. Next debate he comes out aggressive…….I’m still trying to figure out how he can get away with this whole WARN Act bypass… It can’t be anymore clear that the administration is telling a private company to break the law for political gain/favors and to ad insult to injury , when they get sued for not sending the pink slips and breaking the law, the administration is gonna pay for it out our pockets…. REALLY can you get anymore criminal…. and it s on the front page of every paper…….talk about transparent!! what can we the people do to STOP this now…( and I dont mean just vote him out) somehow Lockheed Martin should have to send those slips out… how do we make that happen.
  
  Report this comment
- contractorniu
  Posted on October 7, 2012 at 10:11am
  #LASSIEGIRLDAWN… You Go Girl!!
  
  Report this comment
- IowanativeER
  Posted on October 7, 2012 at 12:58pm
  I wish a news story from Burlington Iowa GE plant would go national. Wages cut in half. Workers qualify for aid now. Union attempt barely failed after fear tactics and voting rules appeals. GE garnered millions from local cities and State of Iowa to “help” them decide to not close and move rest of factory to Mexico. GE is definitely NOT the GE of old. And to think GE CEO Jeffrey Immelt is head of Obama’s Jobs Council and is promoting jobs in China! Even GE brass at this plant claimed this story could be a big black eye for Obama and his GE adviser, GE CEO, Jeffrey Immelt.
  
  Report this comment
- cbrown
  Posted on October 7, 2012 at 5:24pm
  @SolitudeBliss
  
  The monthly Jobs numbers are based on Current Employment Statistics and the Unemployment rate is based on Current Population Survey. Overtime both of these numbers converge. Even the former Bush-Appointed BLS Head said “It’s Impossible To Manipulate Labor Survey Data”. Kiddo, you have a lot to learn.
  
  Welch is a stupid to carry this old baggage around and say silly things. Even Republicans are distancing themselves from him in today’s talk shows. If the Republicans feel strongly then they should open a congressional inquiry on this. I bet they won’t.
  
  Report this comment
- sixtysix
  Posted on October 7, 2012 at 7:35pm
  Matthews on Hard Ball is a joke. To play hard ball one must have a ball or two.
  
  Report this comment
- Jim in Houston
  Posted on October 8, 2012 at 11:34am
  Sissy Chrissy had to be p#ssing his panties. His love interest accused of lying.
  
  Report this comment
- johnsnare
  Posted on October 14, 2012 at 3:00pm
  If you are a conservative, and try to engage Matthews, you are a loser immediately. Matthews is so liberal left, he tilts when he walks. A man who gets a chill down his leg when he hears Obama speak, is in serious need of therapy.. How he lasted this long, is amazing. Time to pack it in Chris.
  
  Report this comment
asybot12
Posted on October 6, 2012 at 1:57am
50,000 calls 820,000 jobs per house hold that is 16 jobs per house hold men are they ever keeping democratic women busy!

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- CatB
  Posted on October 6, 2012 at 4:03am
  Actually .. it is 17.46 .. and even just the temp jobs are 12 per call … fuzzy math? I know we have a lot of illegas where I live who rent a house and FILL it with people .. but what are the chances that all the calls went to housefulls of ILLEGALS .. most people I know that are crammed into a home .. it is because the kids or parents have lost their home and had to move in with relatives .. believe me if they had a job and some money the FIRST thing they would do is move out!
  
  Report this comment
- CatB
  Posted on October 6, 2012 at 5:22am
  Hey everyone .. the dems are winning this .. go vote and register to win a trip out of the country if Obama wins!
  
  http://www.jetblueelectionprotection.com/
  
  Report this comment
- Rocketdan
  Posted on October 6, 2012 at 3:46pm
  The survey of 50K homes is then extrapolated to represent ~100M homes. The results of the survey are multiplied by ~2000 to do this. So a difference of 435 people who found at least part time work suddenly becomes 870K people. It isn’t hard to get an anomaly of 435 people among the 50K sampled homes with just a slight change in wording of the questions. Chances are slim that anything like this will be repeated in the next survey. Hopefully anyone swayed by this number will see reality just before voting and move away from their favorable opinion. .
  
  Report this comment
- Mil Mom
  Posted on October 6, 2012 at 3:51pm
  @asybot12
  Posted on October 6, 2012 at 1:57am
  
  50,000 calls 820,000 jobs per house hold that is 16 jobs per house hold men are they ever keeping democratic women busy!
  ***
  Can’t get up from the floor so easily these days I’ll just have to settle for lol!
  
  Report this comment
- Mil Mom
  Posted on October 6, 2012 at 3:54pm
  @CatB
  Posted on October 6, 2012 at 5:22am
  
  Hey everyone .. the dems are winning this .. go vote and register to win a trip out of the country if Obama wins!
  ***
  I don’t do facebook so I don’t know if my vote counted but I tried.
  
  Report this comment
- idarusskie
  Posted on October 6, 2012 at 3:56pm
  yes!! count the hoes as part time workers. easier just hire a bunch of part time government workers.then fire them the day after they call.
  
  Report this comment
- Mil Mom
  Posted on October 6, 2012 at 4:05pm
  @idarusskie
  Posted on October 6, 2012 at 3:56pm
  
  yes!! count the hoes as part time workers. easier just hire a bunch of part time government workers.then fire them the day after they call
  ****
  Remember how census workers kept calling talk radio to say they were hired and given orientation to count as new jobs, then laid off for several weeks then called back for training to count as new jobs, let off again for the requisite time, then called back to work a day or two and counted again as new jobs. I heard one say she never really got out of the office to do any actual work but was counted several times as a new hire and paid for all the training and paperwork she filled out each time.
  
  Report this comment
Lace
Posted on October 6, 2012 at 1:56am
I made a bet with my husband on Wednesday night that the unemployment rate would drop to 7.9%, and was shocked when I heard 7.8% this morning. I couldn’t believe my prediction would really come true. I better keep my other predictions to myself. Go Mitt!!! We need Change!! NOW!

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- Female
  Posted on October 6, 2012 at 2:22am
  Actually, you should try to place bets and get back some $$$ from the high cost of milk and gas over the last 3.75 years!
  
  Report this comment
- Tractorboy
  Posted on October 6, 2012 at 9:31am
  LACE….Another safe bet will be how the number jumps back up if Mitt wins, the main stream media will overturn every rock to find unemployed people to tell their stories, also they will scrutinize the types of jobs to be had (hamburger flipper jobs)……reminds me, where are all the homeless people? they will bring that out also, and they will start keeping count of the war casualties…….the left is getting very predictable.
  
  Report this comment
- Bluebonnet
  Posted on October 6, 2012 at 10:25am
  Nothing about obama surprises me anymore. I think we’ve seen it all. When Chicago is known to have the most corrupt thugs and mafia in the Country, we can expect anything wicked and evil from them.
  What does provoke me about him is the way he’s pointed fingers at George Bush for nearly 4 years about the bad economy he’s inherited. He’d rather blame Bush than get the job done, and turn things around. As long as he has someone to blame, he thinks he’s home free. NOT! My Lord, get the simple job done, or relinquish the White House to someone who knows how to do it.
  
  Report this comment
- michael48
  Posted on October 6, 2012 at 12:15pm
  tractor nailed it…so remember what the” jive @zz LUSH in chief” said….we won …live with it and add..if you don’t like it, buy a swing set and GO HOME…chillens…the adults are back…
  
  Report this comment
- Mil Mom
  Posted on October 6, 2012 at 4:00pm
  @michael48
  Posted on October 6, 2012 at 12:15pm
  
  tractor nailed it…so remember what the” jive @zz LUSH in chief” said….we won …live with it and add..if you don’t like it, buy a swing set and GO HOME…chillens…the adults are back
  ***
  Love it! You just reminded me of how nice it was of b o and m o to install a swing set for Romney’s grandchildren to play on when they come to visit at the White House. Wonder if they’ll try to take it with them?
  
  Report this comment
- delaver
  Posted on October 6, 2012 at 5:57pm
  Just a newbie here….but I have been wondering how many Union summer-off teachers are counted as being a new hire….I know, I know, they are year round employees, but what the heck…they just went back to work….
  
  Report this comment
- exposejesuits
  Posted on October 6, 2012 at 7:47pm
  Clearly, Knight of Malta Geoffrey T. Boisi is one of the Order’s “movers and shakers” in the grand theft and destruction of the American peoples. Part of that orchestrated “chaos” is the plot to “outsource” American jobs to foreign nations whose laborers work for slave wages.
  Adviser Douglas R. Brehm has discovered the Company’s power behind the nation’s corporate outsourcing of American jobs via the duplicity of Knight Boisi. It is also worthy of mention that former General Electric head Roman Catholic Jack Welch is connected with Boisi, remembering that GE is one of the Order’s foundational contractors for the building of the Vatican Empire’s anti-gravity craft commonly called “UFOs.”
  
  Report this comment
- Ivan in Phoenix
  Posted on October 7, 2012 at 1:52am
  A few days ago, I read that factory orders had dropped by more than 4% last month. I think it was nearly 5% but don’t remember what the exact number was. Tell me how unemployment drops when factory orders drop by 4 to 5% during the same time period.
  
  Report this comment
rookorami
Posted on October 6, 2012 at 1:50am
So who thinks that Jack will be added to the people that mysteriously fall ill or die? I will be interested to see if there is any investigation into this. This election makes me very nervous because it seems that facts are being twisted more than normal and Obama just took a hit to their campaign, amazing how there is this great thing that come after to divert attention from his poor performance.

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- Despiser25
  Posted on October 6, 2012 at 2:41am
  Even a fake 7% is bad employment numbers not good. Some could spin 7.8% as good but anyone with a brain knows better.
  
  Report this comment
- CatB
  Posted on October 6, 2012 at 3:55am
  Obama prediction ==== According to Obama and his regime .. the unemployment rate WITH the stimulus should be around 5.5% … Go to page 4 of the report they put out and see the graph 3rd quarter 2012 …… after spending trillions on stimulus and printing money we have a number of 7.8 (which anyone who has been paying attention would normally be “revised” up .. quietly next week or so if not for the election) ..NOT GOOD.
  
  http://otrans.3cdn.net/ee40602f9a7d8172b8_ozm6bt5oi.pdf
  
  Report this comment
- rookorami
  Posted on October 6, 2012 at 3:56am
  At this point its less about what is really impressive and more about showing that something is improving and creating the narrative in the media that it just took some time but we are on the up tick and it should keep on going. They make that case to an uniformed public and they can squeak out a win. Not enough people will question they just eat up all that the liberal media spouts everywhere.
  
  Report this comment
- BV FROM TX
  Posted on October 6, 2012 at 4:09am
  You mean like Andrew Breitbart, the choir director in Rev. Wright’s church and the son of the mother who worked in the Department and no one would investigate her gay son’s execution-style murder?
  
  Report this comment
Miami
Posted on October 6, 2012 at 1:49am
SCREEEEEEEEEEEEEEEEM, What a moron, How the HeLL is this guy on TV and he use to be a cop?

I bet he was on the take when he was, Mathews is one of the worst if not the worst people on any TV channel. He make Joy Beast-har look reasonable

How many times did he try to put words in Jack’s mouth? If not trying to make him take them back as if he had lost his mind. He was the last GUY that made NBC work…

The Liberal Media should be prosecuted for treason.!

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- RiseLiberty
  Posted on October 6, 2012 at 6:24am
  Actually, the liberal media should be prosecuted… for abdicating their duty to inform and protect the American public. They are just another corrupt institution, as is the DOJ, the State dept., and now the Dept. of Labor. This is getting insidious, the entire Obama administration is becoming transparent before our eyes. Our real rendezvous with destiny is in 30 days, on Tuesday, November 6th. On Wednesday morning we will wake up either in a free America… or in Venezuela.
  
  Report this comment
- PATTY HENRY
  Posted on October 6, 2012 at 12:50pm
  Yes, I have to agree with you. I know the law says that PUBLIC FIGURES are fair game (as in a person saying something against them can’t be sued for slander ) but I think we need to tweek some of that
  to the point that people who are thought to be in positions of TRUST (elected officials) should NOT be allowed to make up facts – lie – to the public… I know that is really infringing …but there has to be some consequence for MISLEADING… I mean a food mfgr. can’t claim that by eating potatoes you can loose 20# after eating one potato….whats the difference? People will vote for Obama based upon pure lies..not misinformation …but lies designed to mislead public opinion… I’d like to hear from
  others on this…like the FCC license… we own the airwaves and I guess I could settle for a ticker tape that runs across the screen when Matthews is on: Warning….WARNING….the information you are hearing from this Channel may not be true…. Warning…
  
  Report this comment
- Mil Mom
  Posted on October 6, 2012 at 4:10pm
  @Miami
  Posted on October 6, 2012 at 1:49am
  
  SCREEEEEEEEEEEEEEEEM, What a moron, How the HeLL is this guy on TV and he use to be a cop?
  
  I bet he was on the take when he was, Mathews is one of the worst if not the worst people on any TV channel. He make Joy Beast-har look reasonable
  
  How many times did he try to put words in Jack’s mouth? If not trying to make him take them back as if he had lost his mind. He was the last GUY that made NBC work…
  
  The Liberal Media should be prosecuted for treason.!
  ***
  Along with a whole lot of others, I sure hope the gop (pronounced goopey) don’t play mr gentleman and forgive everything after the election again because each time the proglibs get more brave and in your face with it!
  
  Report this comment
teatime79
Posted on October 6, 2012 at 1:49am
Obama is a marxist, the lie is the favorite tool of the marxist. We have a community organizer mentored under retzko and the other indicted slugs of chicago politics. This community organizer would love to work his experimental manifesto on the free world.

It simply is a disaster without equal in american history, the goal is to funnel the masses into the urban jungle. You raise the price of a gallon of gas to eliminate movement and herd the peasants to the trolleys. What industry that exists will be forced to move to the web of the cities since no one can afford a gallon of gas. You have your utopia that mirrors the ugly gloom of 20th century russia, the people gather in their closet dwellings and fill the cabinets with vodka to assuage the hopelessness. Hope and change is coming to a town not faraway. Pray for our howdy doody pontiff, he won’t be able to do it alone. He’s too pathetic.

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- rambosharley
  Posted on October 6, 2012 at 1:06pm
  This is really scary stuff going on! Are WE still in America?
  
  Report this comment
- Canyouhearus
  Posted on October 6, 2012 at 9:22pm
  rambosharley
  Not the same one most of us grew up it. It’s getting harder and harder to remember the real world.
  This is not the one I wish to leave to my children and grandchildren!
  
  Report this comment
marssnw
Posted on October 6, 2012 at 1:48am
Everyone could see this was going to happen. It just so happens to be days after Obama got smoked at the debate? This is nothing more than fraud. I expect to see alot more fraud when it comes time to vote.

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- krisbrayeli
  Posted on October 6, 2012 at 1:23pm
  I agree with you. I do not think that Romney (Whom I support) will get elected. They will find a way to fix the numbers. If for some reason they can’t – Obama is not going to say Oh – Here you are Romney – he will find a way to hold on to the white house…. induced riots and decleration of Marshall Law.
  Whatever happens – America has some very rough years ahead
  
  Report this comment
- listeninginVT
  Posted on October 6, 2012 at 1:47pm
  don’t forget, after the 7.8%, we have ‘friendly fire’ death of border agent and Tunsinians arrests in Turkey, they are pulling all stops out to make this guy look competent, and all else is ‘unrelated’….
  
  Report this comment
chalkdust
Posted on October 6, 2012 at 1:48am
It really doesn’t matter if they somehow manipulated the numbers. It was reported last week that they twisted arms not to send out pink slips in the defense department so at least some manipulation was happening.

7.8% is not anything to be proud of and this does not move the needle. Obama and co are just trying to make it to the finish line before everything falls apart.

If, IF Romney wins, he will have his hands full. And you can bet Mathews will turn around and talk about how bad the numbers are. Rough road ahead.

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- SCREW-WINDOWS
  Posted on October 6, 2012 at 6:59am
  Romney is wise not to give specifics as Obama would take credit for his ideas and Romney is wise not to give ideas until he knows just how bad the situation is. As Obama said “I didn’t know how bad it was”.
  
  Report this comment
sparkyrules
Posted on October 6, 2012 at 1:37am
2 liars

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- for-common-sense
  Posted on October 6, 2012 at 3:24pm
  Well SPARKYRULES, if that’s what you believe, then I guess YOU have a choice. Listen to each…then you can vote for the Marxist that is taking us rocket fast into “change” that is not going to bode well for American citizens, or the guy that loves America, the Constitution, and liberty for all. My money is on the guy that took dozens of failed companies and saved all but a few (people seem to forget that ALL were going to fail), turned around the Olympics, and brought his home state into the black when he was Governor. Quite the contrast to Obama! Where to start…foisted a money sucking, regulation riddled, pork-laden, myriad tax monstrosity health “care” program that he used intimidation and strong arming (and deliberately ignored his own promise of transparency and time to digest), to get passed. Obama, who pumped $$$billions into green companies with questionable balance sheets (yes, Bush admin. looked at Solyendra, said bad business, can’t risk the taxpayer’s money). But Obama, desperate for a green “win” probably thought that they couldn’t fail if he GAVE another of his campaign donors half a billion dollars (of taxpayer money!). Then, when they were failing, he restructured the loan so the top Solyndra guys (his campaign donors…money laundering lite) walked away with (taxpayer!) money. Or bypassing Congress (there goes THAT check/balance!), etc! What a guy. Sorry SPARKYRULES, IMHO, we CAN’T AFFORD another four years of Obama.
  
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- jadams1214
  Posted on October 7, 2012 at 7:26pm
  @FORCOMMON I won’t argue that Romney might be better than Obama but some of your facts are incorrect. He said in his debate with Obama that there is a place for federal government in education. As that is not in the constitution he does not love the constitution. He also supports the PATRIOT ACT which means he does not love liberty and he didn’t leave Mass. in the black. A lie is a lie whether told by a democrat or a republican!
  
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sparkyrules
Posted on October 6, 2012 at 1:37am
Tingles and Jackie.What are we to make of this?

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Verceofreason
Posted on October 6, 2012 at 1:35am
The President has no control of these things.
This site has become a home for religious zealots and conspiracy nuts.
Why is that? Oh, right.

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- M13
  Posted on October 6, 2012 at 4:53pm
  You just proved that you are clueless and an idiot. That’s hard to do, you are now in the same class as Encinom.
  
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- Blitz
  Posted on October 6, 2012 at 8:49pm
  you sir are a moron or really stoned.
  
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- Stelex
  Posted on October 6, 2012 at 9:17pm
  This Prez has control of everything. He threatens, intimidates, and hustles all of Washington and the Press. Vice…..you are a fool, a too, and a useful idiot. God I hope we meet down the line.
  
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- whiterightwingchristianmale
  Posted on October 6, 2012 at 11:32pm
  @ VERCEOFTREASON No conservative hangs out on liberal sites, but you hang out here all day. Why? Obama is going to lose, and you are just not very bright. Who are you trying to impress?
  
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- stevetherealist
  Posted on October 7, 2012 at 11:18am
  verceofreason has about the only educated and factual statement on this whole thread. And stelex…tough guy, I’ll give you my address, walk on in when you get here. You guys don’t seem smart enough to know all the consiracies you saddle this President with are just not possible. You act like there are no republicans in the work force at the BLS that would happily blow the whistle on something like this. Everytime I ask one of you…give me a specific socialistic or marxist policy this President has either enacted or endorses, you have nothing…not one. After four years of your wild conspiracies you’ve got nothing,..nothing. Give it up and land your space craft, your late to the party. The real perpetrators of your fears left office 4 years ago.
  
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- focusonquality
  Posted on October 8, 2012 at 11:12am
  youre right the president doesnt have control of this. democrats do. let me see who’s side are they on?
  
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Apple Bite
Posted on October 6, 2012 at 1:34am
I’ve tried to tell this to employees about Temp Workers, you can’t count them as actually being employed. Until they’re on somebody’s payroll officially with benefits, they’ll never be considered an actual employee. Otherwise, they can be let go of whenever the company sees fit to replace them, no strings attached. Kind of like a rental car or a street walker….except, you mess with either of those, you’ll pay for it via the rental company having your credit account, or the pimp via his own means.

Here’s something else about Temp Workers that many don’t care to talk about: Welfare Recipients are treated better than Temp Workers. Depending on where you are and the job in question, Welfare Recipients get more money than Temp Workers.

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- kryptonite
  Posted on October 6, 2012 at 3:40am
  Well, it looks like Temp workers were treated unusually well in September, because a significantly fewer number of them were terminated:
  
  “In September, the number of job losers and persons who completed temporary jobs
  decreased by 468,000.” (from BLS website)
  
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olduffer
Posted on October 6, 2012 at 1:25am
This administration has raised deception to an art form.

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- Verceofreason
  Posted on October 6, 2012 at 1:31am
  Jack Welch should be behind bars,
  That jerk is in no position to throw UNSUBSTANTIATED stones.
  What a clown
  
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- AZfreeman
  Posted on October 6, 2012 at 12:15pm
  When proclaimed ‘transparancy in government’ shows only deception and corruption,
  the sword of accountability must show no quarter. VOTE ! …rf
  
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- bobdog19006
  Posted on October 6, 2012 at 6:07pm
  Hey, Welch is just asking the question.
  
  And a fine question it is, too.
  
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TomSawyer
Posted on October 6, 2012 at 1:23am
All conservatives should protest the false unemployment rate number by withdrawing all their money from the stock market on the same day.

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- Tspud1
  Posted on October 6, 2012 at 12:40pm
  Since you have to sell the stock to get your money, how does this do anything other than have new owners of the shares?
  
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- TomSawyer
  Posted on October 6, 2012 at 6:56pm
  Tspud1, When a large number of people sell their shares the prices goes down.
  
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kalli
Posted on October 6, 2012 at 1:22am
Welch won 3 rounds with a KO! Best get a straitjacket for Mr. Tingle.

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poetopoet
Posted on October 6, 2012 at 1:21am
Mathew needs to read Mathew, who never testified against Jesus Christ.

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vtxphantom
Posted on October 6, 2012 at 1:20am
Keep drinking the booze Chris. You look like you need it again. Vile and ugly people should not drink alcohol.

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- DIR
  Posted on October 6, 2012 at 1:38am
  It seems more like Crissy is high on extra rich methane, produced by his body, especially after the presidential debates. In any event someone needs to be brave and light a match next to him so we can all watch him go up like a small fouth of July nuclear explosion. For Chrissy it would be the mother of all tingles.
  
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TomSawyer
Posted on October 6, 2012 at 1:20am
I do not trust this government at all.

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- SCREW-WINDOWS
  Posted on October 6, 2012 at 7:03am
  I trust that is from experience.
  
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MDECKER
Posted on October 6, 2012 at 1:19am
Jack Welch’s credibility compaired to President Obama’s? Really?

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- Verceofreason
  Posted on October 6, 2012 at 1:33am
  These poster rarely know ANYONE’S history.
  Welch is a common criminal like Rick Scott.
  
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carl_in_ohio
Posted on October 6, 2012 at 1:16am
IF CNN believes the numbers to be true — they can do their own research. Do some journalistic research, hard ball. Support your argument (beyond using government statistics which are being questioned). Journalism 101.

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BODYBAG
Posted on October 6, 2012 at 1:14am
Get ‘em Jack.
Welch is showing his age now, but make no mistake, in his prime he’d gut
pansy Chris Matthews like a sqealing pig and eat his heart like Hannibal.
http://business.rediff.com/slide-show/2010/jun/23/slide-show-1-how-to-be-a-leader-lessons-from-jack-welch.htm

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- Female
  Posted on October 6, 2012 at 2:29am
  Went to your link perhaps, Jack is volunteering to be the AX czar when Romney gets in Office and chop away at the spending and extra public unions thugs…….hmmm, guy turned around GE to be very profitable,…… just saying……
  
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- stevetherealist
  Posted on October 7, 2012 at 11:38am
  Here’s a newsflash from the real business world. You don’t increase profitability 4000 % without ripping people off in a criminal fashion….just sayin
  
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dfissell
Posted on October 6, 2012 at 1:11am
they want us to believe 1+1 =3

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- Wigglesworth
  Posted on October 6, 2012 at 10:43am
  Yup. When Matthews says where is the evidence all you have to say is the number IS the evidence. It is impossible to get that jobs number when you add up all the other economic metrics.
  
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JL320
Posted on October 6, 2012 at 1:01am
Poor ol Lardball can’t stand it!

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Anamah
Posted on October 6, 2012 at 12:59am
Be serious Chris… this is not credible!

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CatB
Posted on October 6, 2012 at 12:56am
Meet the Obama Donors at the BLS

At least two economists at the Bureau of Labor Statistics (BLS) have contributed to President Barack Obama’s campaign. Harley Frazis of Bethesda, MD, has contributed at least $2,000 to Obama and $9,000 to the Democratic National Committee over the last three election cycles.

http://freebeacon.com/meet-the-obama-donors-at-the-bls/

Interesting isn’t it .. couldn’t have predicted this now could we ;-)

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- The Third Archon
  Posted on October 6, 2012 at 4:31am
  How many of them do you think are Romney donors? I bet you way more than two–these are ECONOMISTS we’re talking about here; they are employed for one of two basic functions in life–being apologists for capitalism, and/or finding more ways for capitalists to make money. Not EXACTLY a crowd renowned for their radical hard Left stances on issues, particularly the economy.
  
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- Dustoff
  Posted on October 6, 2012 at 8:44am
  You’re got to wonder. 1.3 growth, which is zip and all of a sudden our unemployment drops to 7.8.
  
  Can you say LIARS,
  
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- Bogatyr
  Posted on October 6, 2012 at 8:50am
  @The Third Archon – you’ve never heard of a lefty economist? Paul Krugman? Andrew Glyn?
  
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- CatB
  Posted on October 6, 2012 at 10:40pm
  Hey THIRD .. .why don’t you find out … I provided the information that I could find … BACK UP YOUR ASSERTIONS WITH FACTS!
  
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