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CNBC Reporter Attacks Hosts for Trying to Spin Jobs Numbers


"[W]e have overwhelming evidence the jobs market is disappointing..."

CNBC's Rick Santelli is gaining quite the reputation. Not only do many credit him with sparking the Tea Party movement, but in the past he's also chastised Democrats for opposing the reading of the Constitution. Today, he gives the world another great clip when he lashes out at his colleagues for trying to defend the "positive" job numbers (see here for background):

From the Media Research Center:

The mainstream news media will likely latch on to the dropping unemployment rate, despite job gains that were less than one-fourth of the consensus estimate of 148,000 jobs added. One of the CNBC panelists noted that the increase was "way below consensus." [...]

"[W]e have overwhelming evidence the jobs market is disappointing, and all of you are trying to look for that one half of spaghetti in a 50 lb. spaghetti bowl. This is not great data," Santelli claimed. "We know that the U6 probably gives you a better indication of the true unemployment rate …"

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