Jack Welch accuses Obama of cooking the books

The latest monthly jobs report prompted former General Electric CEO and Chairman Jack Welch to accuse the Obama administration of engaging in some creative bookkeeping.

This morning, the Department of Labor released its September jobs report, and announced that unemployment dipped three-tenths of a point to 7.8 percent. This came at an opportune time for the president who turned in a miserable performance at his first debate with GOP presidential nominee Mitt Romney.

Speaking at a Virginia rally, the president said, “This morning, we found out that the unemployment rate has fallen to its lowest level since I took office. It’s a reminder that this country has come too far to turn back now. … We’ve made too much progress to return to the policies that led to the crisis in the first place.”

For Welch it was all too coincidental. He went on Twitter to accuse the Obama campaign of manipulating September’s employment data.

@jack_welch: Unbelievable jobs numbers..these Chicago guys will do anything..can’t debate so change numbers
5 Oct 12

Welch has long been critical of both Jeffrey Immeil’s current stewardship of General Electric as well as the president’s handling of the country’s economy. He urged Romney to get tougher on the Obama campaign, saying presidential politics has “no room for amateurs.”


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