Larry Elder spoke with Bob Brinker, Host of Money Talk, about Jack Welch's claim that the recent employment numbers in the September Jobs Report were cooked to make President Obama look good.
The unemployment rate decreased to 7.8 percent in September, and total nonfarm payroll employment rose by 114,000, the U.S. Bureau of Labor Statistics reported today. Employment increased in health care and in transportation and warehousing but changed little in most other major industries.You can listen to the interview on Larry's website here:
Bob pointed out Jack Welch, the former CEO of GE, is not a politician so "I don't think it is his calling to do something like that and I am disappointed in him."
Brinker said the US needs about 150,000 new jobs each month just to absorb new workers.
Brinker doesn't believe the president of the US is responsible for the growth rate of GDP.
Larry Elder tried on several occasions to get Brinker to comment on President Obama's economic record and Bob showed he was better than the politicians at not answering the question.
When pressed, Brinker said he feels President Obama's debate performance was "so pathetic that at this point I don't know what to think about the president."
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