Jack Welch, writing on his Twitter account, said the Obama administration manipulated U.S. employment data for political gain by showing a drop in the jobless rate. “Unbelievable jobs numbers..these Chicago guys will do anything..can’t debate so change numbers,” the former General Electric chief executive officer said in a message posted immediately after the U.S. Labor Department reported that the unemployment rate fell to 7.8 percent last month, the lowest since President Barack Obama took office in January 2009. The Obama administration denied the allegation as baseless and defended the U.S. Bureau of Labor Statistics, which computes the figures…Welch is in meetings today and isn’t available for comment, said Rosanne Badowski, his executive assistant. She said Welch is the only one with access to the Twitter account. [Bloomberg]

33 comments (hidden to protect delicate sensibilities)
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Comments (33)

  1. Posted by To assistant | October 5, 2012 at 1:51 PM

    Remember I am always in a meeting…

    Never dicking around on twitter or on the phone.

  2. Posted by Dr_Rosenrose | October 5, 2012 at 1:53 PM

    Sounds like at least two cranky twitter users didn't get their pumpkin spice today.

  3. Posted by E. Cartman | October 5, 2012 at 1:55 PM

    I come to bury Caesar, not to praise him.

  4. Posted by guest | October 5, 2012 at 1:56 PM

    "Unbelievable quarterly numbers..these Fairfield guys will do anything..can’t make enough $ so change numbers”

    – GE short seller 1991-2000

  5. Posted by Sausage of Doom | October 5, 2012 at 2:13 PM

    Someone told me that Welch was really born in Kenya.

    – Grandpa Simpson

  6. Posted by BLS | October 5, 2012 at 2:16 PM

    This guy is gay right, I mean with that voice ?


  7. Posted by ms beckham | October 5, 2012 at 2:16 PM

    there was no pumpkin spice

  8. Posted by Father Time | October 5, 2012 at 2:20 PM

    Admittedly agree with the ol' koot but someone please stop giving him a platform. Right place/right time – that's all he was.

    – His Peer Group

  9. Posted by Jo Jett | October 5, 2012 at 2:20 PM

    Works for me

    : )

  10. Posted by Guest | October 5, 2012 at 2:21 PM

    Are those air quotes [makes air quotes] he's making?

  11. Posted by Cristina Kirchner | October 5, 2012 at 2:25 PM

    The numbers are true when a Presidenta says they are true!

  12. Posted by INDEC | October 5, 2012 at 2:26 PM

    We report latest Argentine inflation at 5%. Also, Cristina Kirchner's RealAge is 25, and her weight 110lbs.

  13. Posted by guest | October 5, 2012 at 2:29 PM

    you're an idiot.

  14. Posted by guest | October 5, 2012 at 2:29 PM

    "Admittedly agree with the ol' koot "? seriously? what's it like living on planet tinfoil hat?

  15. Posted by güest | October 5, 2012 at 2:33 PM


  16. Posted by BLS | October 5, 2012 at 2:37 PM

    According to OUR survey, commenter's IQ is 180, so…

  17. Posted by guest | October 5, 2012 at 2:40 PM

    I'm just hoping this doesn't hurt the prestige of the Jack Welch Management Institute

  18. Posted by Chewier | October 5, 2012 at 2:41 PM

    Ad hominem attacks on people from Chicago is the NKI.

  19. Posted by Guest | October 5, 2012 at 2:51 PM

    What kinda standard deviation you guys workin with?

  20. Posted by thezissou | October 5, 2012 at 2:52 PM

    If by "Gay" you mean "Melissa Etheridges next lady spouse", than yes

  21. Posted by Guy with A.D.D. | October 5, 2012 at 2:58 PM

    The true measure of unemployement is the "Labor Force Participation rate", it's never been the "Unemployment Rate" which has bene doctored for years

  22. Posted by Guest | October 5, 2012 at 3:02 PM

    It's Friday afternoon… take your lack of snark and please leave.

    – the 99% of the 1%

  23. Posted by Errr | October 5, 2012 at 3:28 PM

    Are you related to Matt?

  24. Posted by Mean Reversion? | October 5, 2012 at 3:28 PM

    Why that's a purdy graph you have there. Why don't you expand your attention back a few decades. I bet you were an MBS quant in 2006.

  25. Posted by guest | October 5, 2012 at 4:02 PM

    Well, really any kind of attacks…

    – South Side

  26. Posted by Guest | October 5, 2012 at 4:16 PM


    – Politburo

  27. Posted by guest | October 5, 2012 at 4:54 PM

    You forgot the "Nervous University of Phoenix MBA grad" tag.

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  32. Posted by 1931 | October 8, 2012 at 12:03 PM

    I thought the "true measure of unemployment" was U-6

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