Former GE CEO Jack Welch says on AC360: "I've got a tweet out there that I stand by."
CNN's Chief Business Correspondent Ali Velshi joins the conversation and says to Welch.."You gotta take this opportunity, while everyone is listening to you, to actually say 'Yes Anderson I'm taking that tweet back'..."
Anderson Cooper asks Welch.."in your heart do you somehow believe they cooked the books?" He says in response.."I don't really know, but I do know this, that these numbers are implausible."
Keeping Them Honest: allegations Pres. Obama 'changed numbers' for political gain after unemployment fell to 7.8 percent.
Watch the AC360 Jack Welch interview here:
Anderson will talk with former GE CEO Jack Welch tonight about his Twitter comment that's creating a lot of buzz.
"Unbelievable jobs numbers..these Chicago guys will do anything..can't debate so change numbers," Welch posted on the social media website moments after the U.S. Labor Department said the unemployment rate fell to 7.8 percent in September for the first time since Pres. Obama took office in 2009.
CNN's John King shows how the national jobless rate and the rate in battleground states will affect the election.
Joseph Carbone, CEO of The Workplace, Inc., wants to help people who need employment opportunities. His story is part of AC360's series "What Keeps You Up at Night," which focuses on election issues.
Anderson Cooper puts the new employment report into context, explains the numbers, and exposes the political spin.
Anderson Cooper talks with Ali Velshi, David Gergen and John King about how the campaigns will spin the August jobs report.
(CNN) – It wouldn't be a presidential trip without criticism from Republicans, and President Barack Obama's visit to Nevada Monday is no exception.
The Republican National Committee and the Mitt Romney presidential campaign released web videos capitalizing on the national unemployment and high foreclosure rates in the Silver State.
The spot from the RNC accuses the president of focusing more attention on his reelection than the unemployed in America.
"For each new campaign office President Obama opens there are over 15,000 new foreclosures," the ad says. "For every million dollars Obama raises, 6,400,000,000 dollars are added to our national debt. Don't you wish we had a president who cared about your job?"
Reporter's Note: The president has been trying to catch up with the runaway unemployment problems, but as I note in today’s letter, sometimes just keeping the challenge in sight can be enough for the moment.
Dear Mr. President,
By the time you read this, I expect to be deep, deep, deep into a very long trail run. I’m hoping to hit the woods around 6 in the morning, knock out between 15 and 20 miles, and then join up with my wife and younger daughter for brunch somewhere. Should be fun, but you never know with these morning runs; sometimes they are wonderful, and sometimes they are torturous. We’ll see.
I did not mention the jobs report yesterday because I was busy thinking about other things when I wrote, but of course the report brought lukewarm news…some jobs added, sure, but not nearly enough to make a real dent in the unemployment numbers.
And yet, I wonder if this might yet be good news for us. Why?
Look at it this way: When you run a long race, sometimes a front runner breaks from the pack. He sprints away early, eating up miles, and convincing other competitors that he’ll never be caught. Truth be told, if someone tries to run him down when he is streaking ahead like that, the challenger runs a real risk of burning out and failing.
But such ferocity requires a lot of energy, and the rabbit can also find himself flaming as he tries to maintain that pace.
And I wonder if that is finally happening with our economy; if that vicious cycle that has taken us so deeply into bad times, is just naturally losing steam.
I realize this may be cold comfort to people who don’t have jobs. But I have such faith in the power of such cycles…in running, in nature, and yes, in the economy…that when I see hints of such a thing, it always grabs my attention. Hey, we may not be catching up yet, but such reports suggest maybe we are ready to stop falling further behind.
Hope your Saturday is nice. I’m likely going to take another long trot tomorrow. If you want to go, just give me a call.
Anderson Cooper goes beyond the headlines to tell stories from many points of view, so you can make up your own mind about the news. Tune in weeknights at 8 and 10 ET on CNN.
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