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Erik Wemple
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Posted at 09:33 AM ET, 10/11/2012

Does Jack Welch see another Chicago conspiracy?

(Peter Foley - BLOOMBERG)
Cable news bookers should prepare to reach out to former General Electric boss Jack Welch. After all, there’s positive news on the economy: “Jobless claims fall to lowest in four and a half years,” says a Reuters headline. “Initial claims for state unemployment benefits fell 30,000 to a seasonally adjusted 339,000, the Labor Department said. It was the lowest number of new claims since February 2008.” What better opportunity for Welch to return to the cable nets to spin his conspiracies? Little effort would be required, given that the same soundbites that he used following last Friday’s unemployment figures could zip right back into the newstream. Like this one, which Welch said in a Fox News interview: “These numbers don’t smell right when you think about where the economy is right now.”

By  |  09:33 AM ET, 10/11/2012

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