New York (CNNMoney) - President Obama's former chief economic adviser takes issue with Jack Welch's assertion that he, like the former General Electric CEO, has accused the government of manipulating the unemployment rate.
Austan Goolsbee responded on Twitter to Welch's op-ed piece in The Wall Street Journal on Wednesday. In the Journal, Welch defended his widely noted Tweet last week questioning the drop in the September jobless rate, citing Goolsbee as saying in 2003 that "the government has cooked the books."FULL STORY
New York (CNNMoney) - The big drop in the unemployment rate a month before the presidential election brought cries of disbelief and conspiracy theories from Jack Welch and other critics of the Obama administration Friday. But the Labor Department was quick to dismiss such claims.
"Unbelievable jobs numbers..these Chicago guys will do anything..can't debate so change numbers," tweeted Welch, the former CEO of General Electric.FULL STORY