Jack Welch also chimed in today, saying on CNBC:
According to former GE Chairman and CEO Jack Welch it’s too good to be true!
Welch is known for being a straight shooter who says exactly what he thinks and Welch thinks politics was behind the drop in the unemployment rate not an improved economy.
And he’s not keeping quiet.
Welch first made his skepticism of the jobs data known in a fiery Tweet which read, “Unbelievable jobs numbers… these Chicago guys will do anything… can’t debate so change numbers.”
The 144 character or less message ignited quite a firestorm of controversy. And on The Kudlow Report Welch explained that his skepticism stems from personal research he’s been doing; that is sifting through data from over a dozen companies.
You can watch Welch here.
Call me suspicious. Of the numbers and the reporting.