Friday morning's collective freakout by conservatives over the latest jobs report which pushed the unemployment figure down to 7.8% was almost as bewildering as it was unsurprising. This is what these people do now when confronted with unpleasant realities. Stuart Varney at Fox Buisness News hinted at a conspiracy, saying "Oh how convenient ... five weeks before the election."
And then there was Jack Welch, former CEO of General Electric with this widely retweeted and ridiculed tweet as soon as the numbers came out:
Unbelievable jobs numbers..these Chicago guys will do anything..can't debate so change numbers
— Jack Welch (@jack_welch) October 5, 2012
That tweet by Welch really seemed to get the ball rolling on this craziness, though CNBC’s Rick Santelli had already taken the ball and gladly run with it too. Watch his antics here this morning, as he treated the report like a joke, the numbers a complete fiction. Santelli was later even more explicit, though he said he couldn't prove the numbers were fudged, "they are what they are".