The environment gets better and people's working conditions improve? Weren't environment ravaging steel mills and the evil people that run them at the top of the lefty hit list at one point? Now it's cheaper to set up an environment ravaging, worker enslaving steel mill in China.I agree with that about the jobs, its been a 40+ year trend towards the new normal. But Jack Welch, who has profited immensely from it is hardly one to complain about those "Chicago guys." It's like Romney's convention speech where he complained about people who used to have good paying jobs now having to work part-time jobs paying 9 per hour. What, exactly, does he think happens in the job market when you close down steel mills and have people work at places like Staples?Federal Reserve policy is pumping up the stock market.And personally I don't think the job numbers are rigged. I think they refelect exactly what is going on in the country. People are settling for part time and/or low paying full time work. The middle class jobs they used to have aren't coming back.Jack Welch's shares in GE have risen something like 18 percent in less than 3 months. Will he refuse to take that price, figuring that those "Chicago guys" have rigged the stock market along with the job numbers?What a joke.
Jack Welch tweeted something to the effect "these Chicago guys are shameless, cant debate so the change the numbers"
They just interviewed the Sec of Labor on CNBC and she was upset that anyone would question the numbers and the timing. Right after she laid into congress saying it is thier that the number should be even better if it wasnt for them.
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