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ORIGINAL: LookieNoNookie

Of course they're good numbers. They're prepared by the BLS, an independent agency...again, I'll repeat....regardless of the election...don't you think it's a smidge unusual that essentially 1,000,000 new jobs have been created over the last 90 days?

Don't you even question that?

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ORIGINAL: subspaceseven
he is the corrupt ex CEO of GE, he has also walked back this statement, I guess if you are proud of people who steal from shareholders and manipulate company records then you would follow him and believe what ever he says, to the rest of us, he is just another white collar crook, who stuck the shareholders with the fines
It's an ironic accusation coming from Welch, who knows a thing or two about employment. After all, he achieved success at GE by slashing more than 100,000 jobs at the company in the 1980s to boost profits.
Then the irony gets even thicker when one considers that Welch is now widely remembered as Corporate America's most skillful manipulator of quarterly earnings results and manager of expectations on Wall Street -- a skill that is particularly handy for CEOs overly focused on their stock price.

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ORIGINAL: DesideriScuri

quote:

ORIGINAL: subspaceseven
he is the corrupt ex CEO of GE, he has also walked back this statement, I guess if you are proud of people who steal from shareholders and manipulate company records then you would follow him and believe what ever he says, to the rest of us, he is just another white collar crook, who stuck the shareholders with the fines
It's an ironic accusation coming from Welch, who knows a thing or two about employment. After all, he achieved success at GE by slashing more than 100,000 jobs at the company in the 1980s to boost profits.
Then the irony gets even thicker when one considers that Welch is now widely remembered as Corporate America's most skillful manipulator of quarterly earnings results and manager of expectations on Wall Street -- a skill that is particularly handy for CEOs overly focused on their stock price.

It's a good thing they got rid of him and have Jeffrey Immelt as CEO now. Nothing represents the icon of economics like the US "Job's Czar" who, btw, outsourced a shitload of jobs and, under his tenure, GE has gotten tax refunds while making profits overseas.

Or, is he a paraiah, too?

The Wiki entry on Jack Welch, isn't quite as damning as your description. Yeah, I know it's Wikipedia, but I've provided more links than you did in your character assault. Of the 112k jobs that were slashed, 37k were in businesses that were sold. That is, they left GE and went to a different company.

Is it a bad thing to cut employees that aren't needed? According to Wiki, Welch would fire the bottom 10% of his managers at the end of each year. He would also reward the top 20% with stock an options. And, then, he even went the way of the Dark Side and expanded that program to almost a third of all employees. Under his oversight, GE went from $26B in revenues to $130B, and the value of the company went from $14B to $410B. I bet anyone who had stock in GE was completely pissed at him for that shit, huh?

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ORIGINAL: LookieNoNookie

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ORIGINAL: subspaceseven

Now even Jack Welch is walking back his statements about the jobs report, seems even the nuts are realizing they are good numbers....

In fact, it would be effectively impossible for anyone with political motives to manipulate the jobs report, since government analysts use long-established statistical methods to arrive at the jobs numbers each month.

But I'm sure next time the unemployment numbers go up, you will of course believe that the GOP had something to do with it so as to help willard get elected

If you are this upset at the jobs numbers because you "think" someone changed them (falsified them) I can't imagine how upset you must be that everyone even Gingrich, and willards staff is saying willard lied about not raising tax on the middle class and lowering them for the top 1% in the debate I mean you are sooooo concerned with the DEMS being honest....how about the GOP

Of course they're good numbers. They're prepared by the BLS, an independent agency...again, I'll repeat....regardless of the election...don't you think it's a smidge unusual that essentially 1,000,000 new jobs have been created over the last 90 days?

Don't you even question that?

quote:

The falling rate led to conspiracy theories on the right that the Obama administration was somehow cooking the books. However, both Mark Zandi, the chief economist at Moody’s Analytics, and Doug Holtz-Eakin, former director of the Congressional Budget Office, agreed that the numbers were not manipulated.