Friday, October 5, 2012

Jack Welch says White House manipulates data, Krueger admits

Former General Electric Co. (GE) Chief Executive Officer Jack Welch, writing on his Twitter account, accused the Obama administration of manipulating U.S. employment data for political advantage.

http://www.bloomberg.com/news/2012-10-05/former-ge-ceo-jack-welch-says-white-house-manipulates-jobs-data.html

“No serious person would question the integrity of the Bureau of Labor Statistics,” Krueger said in the Bloomberg Television interview. “These numbers are put together by career employees. They use the same process every month. So I think comments like that are irresponsible.”