President Obama sure caught a break today: The unemployment rate dove down to 7.8 percent — the first time it's gone below 8 percent since the start of Obama's presidency — on the strength of 114,000 jobs added in September and big upward revisions for July and August. But was it really a matter of good timing, or was it ... a conspiracy? Isn't it a little too convenient that the economy is, you know, improving? The highly respected (at least up until this morning) former CEO of General Electric, Jack Welch (above), seems to think so. (Bloomberg reports that Welch's secretary says that "the retired CEO is the only one with access to the Twitter account and is now unavailable for the rest of the day in meetings.") But he's hardly alone. The unemployment-rate truthers are out in full force on Twitter this morning.
I don't think BLS cooked numbers. I think a bunch of Dems lied about getting jobs. That would have same effect.— Conn Carroll (@conncarroll) October 5, 2012
Total data manipulation. Such a farce— zerohedge (@zerohedge) October 5, 2012
hmm Obama gets A$$ kicked in debate- Unemployment miraculously DROPS 7.8% LOL can anything be MORE Fixed - SCAM alert LOL— Vincent (@RaraHawk) October 5, 2012
Obama shits bed at the debate and magically the last three months government jobs get revised upward and the unemployment rate drops to 7.8%— Datingsagame (@johnpicciuto) October 5, 2012
Obama loses debate, hardcore facepalm style, is anyone surprised that the unemployment rate DELIVERED BY THE WHITE HOUSE went lower?— M2RL9N(@mjbanks) October 5, 2012
Don't want to brag or sound conspiratorial, but I predicted awhile ago that Labor Dept would cook books to get unemployment below 8% by fall— Brian Lerch (@bdlerch) October 5, 2012
Fake job numbers of 7.8% unemployment reveal the Obama corruption is in EVERY govt. dept. All are comprimised or complicit. Our govt is gone— Lawrence Lange (@LawrenceLange1) October 5, 2012
Every single effort to cal Romney a liar will be met with the fake Unemployment number— Morgan Warstler (@morganwarstler) October 5, 2012
Horrible debate for Obama; the most manipulative and politically sensitive economic figure (unemployment rate) declines below 8% #conspiracy— Pack fan Luke (@ljwilson13) October 5, 2012
BLS Bureau of Lotta Shit. What happens when the people don't accept the lies being force fed to us? See Declaration of Independence. #obama— Steve Lemois (@stevelemois) October 5, 2012
Something tells me Barak Obama is spending more time on the phone lobbying BLS to drop more workers off the roles than he is campaigning.— Dave in MD (@RSAmerica) October 5, 2012
BULLSHIT!!! Unemployment drops to 7.8% BULLSHIT! It's rigged. @rushlimbaugh called this months ago!— OppressedAmerican (@OppressedUS) October 5, 2012
Update: Actual congressman Allen West joins the Truth Squad. Who's shocked? Nah, neither are we.
In regards to today's Jobs report---I agree with former GE CEO Jack Welch, Chicago style politics is at work here...tinyurl.com/9rbommz— Allen West (@AllenWest) October 5, 2012
Update II: John McCain joins the so-called "jobbers" in an interview on CNBC: "I wouldn't put anything past this admin."
Update III: Forget that last update, McCain was referring to something else.