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Jack Welch tweets conspiracy theory over better-than-expected jobs number
Marketwatch.com ^ | 10-05-2012 | MarketWatch

Posted on 10/05/2012 6:43:44 AM PDT by montag813

Edited on 10/05/2012 6:46:01 AM PDT by Admin Moderator. [history]

Friday’s better-than-expected jobs report sparked stock futures and conspiracy theories.

The U.S. added a scant 114,000 new jobs in September, but the unemployment rate fell below 8% for the first time since President Barack Obama took office in a potential jolt to the election.


(Excerpt) Read more at t.co ...


TOPICS: Business/Economy; Front Page News; News/Current Events; Politics/Elections
KEYWORDS: jobs; obama; unemployment; welch

1 posted on 10/05/2012 6:43:47 AM PDT by montag813
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To: montag813

Stunning comment from one of he most successful CEOs in American history. Can’t wait to see the ObamaMedia drones tell us that the great Jack Welch is a tinfoil hat crazy. This should be fun...let’s press Jack to tell us more about just how Obama’s minions could have pulled this off.


2 posted on 10/05/2012 6:46:21 AM PDT by montag813
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To: montag813
Here's the Tweet...


3 posted on 10/05/2012 6:48:04 AM PDT by montag813
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To: montag813

No worries. They will be adjusted WORSE just after the election. These reports always get changed later.


4 posted on 10/05/2012 6:49:27 AM PDT by SERKIT ("Blazing Saddles" explains it all.......)
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To: montag813
ADP report: increase seems more dramatic because of revisions downward in 2 previous months

"Employment in the U.S. nonfarm private business sector increased by 162,000 from August to September, on a seasonally adjusted basis.

The estimated gains in previous months were revised lower: the July increase was reduced by 17,000 to an increase of 156,000, while the August increase was reduced by 12,000 to an increase of 189,000.

Employment in the private, service-providing sector expanded 144,000 in September, down from 175,000 in August. Employment in the private, goods-producing sector added 18,000 jobs in September. Manufacturing employment rose 4,000, while construction employment rose 10,000, the strongest since March when mild winter weather was boosting construction activity. The financial services sector added 7,000 jobs in September, marking the fourteenth consecutive monthly gain.

5 posted on 10/05/2012 6:51:28 AM PDT by stylin19a (Obama -> Ransom "Rance" Stoddard)
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To: montag813

The lib media is already mocking Welch as some cellar dwelling tin foil hat wearer - not one of America’s most successful CEOs.

It’s amazing to witness.


6 posted on 10/05/2012 6:52:19 AM PDT by nhwingut (Sarah Palin 12... No One Else)
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To: montag813

Let’s hope there’s a brave whistle blower at BLS.


7 posted on 10/05/2012 6:52:54 AM PDT by 9YearLurker
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To: montag813

BTW - That 4th ‘retweeter’ icon (Franklin) is me... LOL!


8 posted on 10/05/2012 6:53:51 AM PDT by nhwingut (Sarah Palin 12... No One Else)
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To: montag813

If they will do this with the Department of Labor and Statistics, they will outright steal the election.

They have no fear or shame. How do we stop them?


9 posted on 10/05/2012 6:54:06 AM PDT by FreeAtlanta (christian.bahits.com)
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To: montag813
The Romney camp needs to dismiss these numbers as Chicago Math. They must not accept the data, period.
10 posted on 10/05/2012 6:58:35 AM PDT by gov_bean_ counter (ObamaCare is an assault on the unborn, infirmed and elderly. GOP, repeat this as necessary...)
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To: montag813

All the comments replying to his tweet that I could find attacked him as a conspiracy theorist. The left is out of control. The people responding to him are probably paid operatives or fake tweeters. Axelrod is in full swing.


11 posted on 10/05/2012 6:58:56 AM PDT by FreeAtlanta (christian.bahits.com)
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To: gov_bean_ counter

“Chicago Math” - I like it.

The left will beclown themselves trying to say this phrase is racist.


12 posted on 10/05/2012 7:00:27 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: MrB

Didn’t catch the name on ABC Radio News who said that this kind of drop would have required a swing in employement not seen in 30 years.


13 posted on 10/05/2012 7:04:37 AM PDT by gov_bean_ counter (ObamaCare is an assault on the unborn, infirmed and elderly. GOP, repeat this as necessary...)
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To: gov_bean_ counter

“The Romney camp needs to dismiss these numbers as Chicago Math. They must not accept the data, period.”

Just cite the U-6 number, still at 14.7%


14 posted on 10/05/2012 7:09:45 AM PDT by ScottfromNJ
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To: ScottfromNJ

“The Romney camp needs to dismiss these numbers as Chicago Math. They must not accept the data, period.”

Just cite the U-6 number, still at 14.7%


I agree.
Imagine an ad that hits emotionally...FEEL

“Which feels right to you, do you feel like unemployment is 7.8% or 14.7%...I think you know the right answer...what it feels like to you...well, Paul Ryan and I aim to change that feeling to what a real recovery feels like”...

See how many times FEEL is used...I think that would work!


15 posted on 10/05/2012 7:40:04 AM PDT by CincyRichieRich (Keep your head up and keep moving forward!)
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To: montag813; All
Is THIS why O's administration
BEGGED the defense contractors to WAIT
on the HUGE number of jobs to be cut
with the Jan13 cuts to go into place
so as NOT to bring this number
into "correct" territory???

16 posted on 10/05/2012 7:48:12 AM PDT by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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To: montag813

It doesn’t take a big conspiracy to rig the jobs numbers. All it takes is a few people in key positions in the administration. If you think Welch doesn’t have a strong factual basis for this accusation, then you don’t know Jack.


17 posted on 10/05/2012 7:49:15 AM PDT by socialism_stinX (Boycott all shows on ABC, CBS, CNN, NBC, and MSNBC, and report your boycott in your Nielsen survey.)
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To: FreeAtlanta
How do we stop them?

Rule 308.
Heb 9:22 [ESV] -"Indeed, under the law almost everything is purified with blood, and without the shedding of blood there is no forgiveness of sins."

18 posted on 10/05/2012 8:24:05 AM PDT by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
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To: montag813

It’s not a conspiracy when it’s true...


19 posted on 10/05/2012 8:34:48 AM PDT by DocRock (All they that TAKE the sword shall perish with the sword. Matthew 26:52 Gun grabbers beware.)
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To: socialism_stinX
It doesn’t take a big conspiracy to rig the jobs numbers.

The rate is simply based on a SURVEY...a PHONE POLL of "households". And as we know, polls are ALWAYS totally accurate....riiiight?

Also, the survey takers are ALL Hilda Solis' employees.

20 posted on 10/05/2012 8:40:52 AM PDT by montag813
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To: CincyRichieRich
I agree.
Imagine an ad that hits emotionally...FEEL

“Which feels right to you, do you feel like unemployment is 7.8% or 14.7%...I think you know the right answer...what it feels like to you...well, Paul Ryan and I aim to change that feeling to what a real recovery feels like”...

See how many times FEEL is used...I think that would work!

Excellent idea! I was thinking something along those lines myself but your "FEEL" approach makes it very effective.

21 posted on 10/05/2012 8:49:45 AM PDT by arasina (Communism is EVIL. So there.)
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To: ScottfromNJ

Romney and the Republicans ought to just start using U-6 as it’s a more accurate assessment of the true unemployment situation, though probably still understated.


22 posted on 10/05/2012 9:08:46 AM PDT by Mr. Jeeves (CTRL-GALT-DELETE)
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To: FreeAtlanta
They have no fear or shame. How do we stop them?

With stopping power.
23 posted on 10/05/2012 9:26:14 AM PDT by crosshairs (America: Once the land of the free. Still the home of the brave.)
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To: montag813

So if you question the government now, they call it a conspiracy theory. Just another way to shutdown all opposition. These clowns would have you think Welsh is up there with 9/11 truthers.


24 posted on 10/05/2012 9:46:43 AM PDT by Todd_Gray
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To: montag813

Personally I’m just impressed that Welch is tweeting.


25 posted on 10/05/2012 8:51:10 PM PDT by Almondjoy
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To: montag813; mickie; flaglady47
Fox's evening lineup tonight featured several pinheads who were taking Jack Welch apart.....and generally protecting Obama's phoney labor statistics.

On his show, O'Reilly spouted his usual "fair and balanced" crap which is really his own brand of moral equivalency, implying "so what" if Obama lied during the debate because "Romney lied too".

Watching Fox tonight made me ill except for a former FBI guy who succinctly set the Bloviator right in his place on the mishandling by the administration of the crime scene in Libya. Again, O'Reillybama was on the State Department's and Obama's side on the issue, being very cool and distant with the totally-informed intelligence guy who didn't share O'R's view.

Lou Dobbs put Jack Welch down tonight, also. Frankly, I don't care to trust any of Dobb's analysis any more, and I haven't for a long time now. He's no conservative, except when, like O'Reilly, he plays conservative to appear to be "fair and balanced" for the Fox audience.

Leni

26 posted on 10/05/2012 9:31:08 PM PDT by MinuteGal
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