Jack Welch wrote an essay at Wall Street Journal
defending his "questioning" of the latest job data on twitter. If those
twits could be explained as lack of understanding of how BLS works,
this piece proved that he is and was just trying to manipulate the
public opinion.
I am no expert in labor statics, but all the economists who I respect and have followed in years agreed, republicans included, that it was impossible to manipulate the data. The trend line of the data agrees with overall big picture and other data, such as car retails etc.
To
question the government data is one thing, to accuse the President of
United States manipulating a key piece of data without any proof is
another.
The data could be biased, skewed, or just an outliner due
to statistical error. Manipulating the data could be a felony but I
don't think any of the truthers can provide something to the DOJ.
Pointing out that the data contain errors and it is not golden is OK. We can try to compensate for the bias, take into account the statistical error, and we can defer our judgement till later. Data are all like this, but it is trust-worthy. Jack, don't dismiss it when you don't like it, and cite it all the time when it is in your favor.
Repressing the freedom of speech by the government is one thing. Pointing out the lies by experts is totally another.
Repressing
of the freedom of speech happens in Soviet Russia or China. And the
repressed do
not have the opportunities to write a long defense on one of the most
respected and widely-circulated newspaper. Questioning the sitting
president does not absolve you from legitimate refute.
Trying
eliminate those differences, and implying that he was targeted based on
political reasons by the government is flat out lie.
The
WSJ piece contains certain valid points, but overall it is just
propaganda. I sincerely doubt how much Jack knows about the real
American economy. GE is a giant, where the head of a $1B business can
hardly get face time with the CEO. I don't think Jack knows any one who
is struggling to find a job. Not even his almost criminal friends once
headed the Wall Street firms need to do that.
Here we
are. One of the parties is determined that defeating a sitting president is
job No.1 and will not even hesitate to kill any measures that could help the
perspective of getting him reelected, even if, especially if that measure would help American people. When the number is going up,
sending the heavy weight to publicly devalue the data, to stir the water, and at the same
time, the campaign can play safe.
No wonder that same party wants to kill PBS and NPR. If they can, they probably are going to kill anything which is not Foxnews.
Unfortunately, it works. At least if judged from the comments on the WSJ website. When only half the population believe that the President is even eligible, it is so convenient to accuse him of not cooperating. If we have poll today about the BLS data, it would be fairly close to the birth certificate one, I bet. It is a success of the GOP.
So,
let's back to the definition of a moderate Republican. It used to some
one who is willing to support tax increase under circumstances. Now any
one who think that President Obama might have been born in the United
States is definitely a moderate. Today, any one who thinks that
President Obama did not manipulate the BLS data is already is a
moderate, or a traitor to the GOP, who is trying the repress the respectable almighty Jack.
Mitt
Romney might be a competent president, but he will bend to the pressure
from his own party, just as he did in the primary. It scares me to
imagine such an extreme party to control both chambers of the congress
and the White House. And they may appoint more justices who think
corporates are people, but care about the well beings the insurance
companies more than the uninsured.
So, Jack, you have enjoyed your retirement; why are you doing this?
Tuesday, October 09, 2012
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