Welch Conspiracy Theory on Jobs Data Not Tied to Reality

A good conspiracy theory is irrefutable. A bad one usually collapses when confronted by reality.
The claim by some supporters of Republican challenger Mitt Romney that President Barack Obama’s Chicago-based campaign doctored September’s unemployment figures for political gain fall into the second category, according to members of both parties who have served in the government’s economic data system. Full Story »

Posted by Pamela Hogle
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Subjects: U.S., Politics, Business
Member Tags: conspiracy
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Posted by: Posted by Pamela Hogle - Oct 7, 2012 - 6:30 AM PDT
Content Type: Article
Edit Lock: This story can be edited
Edited by: Ellie Kesselman - Oct 8, 2012 - 9:25 AM PDT
Sirajul Islam
4.2
by Sirajul Islam - Oct. 7, 2012

An excellently written and researched report by Hans Nichols and Lorraine Woellert of Bloomberg. Sources of the story is highly diverse and credible and enough references and links were given to make the report a gold standard.

"The people who compile the numbers “are professionals and do this as a career. I have a lot of respect for them.” -Doug Holtz-Eakin, economist for the Council of ... More »

See Full Review » (22 answers)
Ellie Kesselman
4.0
by Ellie Kesselman - Oct. 8, 2012

Everyone, including former President Bush's director of the National Economic Council, and Senator John McCain's economic adviser, agreed that there was no reason whatsoever to doubt the employment data reported by the BLS. This was a very thorough and balanced analysis.

See Full Review » (16 answers)
Dwight Rousu
4.5
by Dwight Rousu - Oct. 7, 2012

A significant further note on unemployment causes is very important. The republicans in 2009 have been recorded as stating that their PRIMARY objective for the next four years was to "make Obama a one term president." They knew that if unemployment numbers were high in 2012 their objective would be much helped. Republicans in congress worked at blocking job stimulus in the private sector, and opposed temporary assistance to states to protect public sector jobs of teachers, police, ... More »

See Full Review » (11 answers)
smith george
4.0
by smith george - Oct. 9, 2012

It is very much needed topic for discussion. Thank to the author who brings such a creative topic for discussion here.

See Full Review » (4 answers)

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  • Joseph Stiglitz: Jobs Numbers Conspiracy 'Literally Absurd'

    (Multimedia) Joseph Stiglitz appeared on 'Up w/ Chris Hayes' to discuss the jobs report released on Friday. Several prominent conservative figures, including former GE CEO Jack Welch , ...
    Posted by Dwight Rousu