Jack Welch’s Case Against Unemployment Numbers: It Just Doesn’t Feel Right

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"Look, I don't know what the right number is," legendary General Electric CEO Jack Welch said on Fox News this afternoon, his first comments since suggesting that the drop in unemployment is the result of some kind of government conspiracy, "but I'll tell you, these numbers don't smell right when you think about where the economy is right now ... Does it feel like a 6 percent improvement in employment in the last 60 days?" That's an airtight case if we've ever heard one.

Fox News anchor Eric Bolling also smelled something. "I'm not a believer in coincidences," he said. "I don't believe there are any in life." Any!