Catholic Online (www.catholic.org)
Former Chairman of GE, Jack Welch has referred to the Obama administration's latest jobs report figures as "unbelievable," suggesting they are false.
CHICAGO, IL (Catholic Online) - The figure is key because no president has been reelected with figures over 8 percent. "Can't debate so change numbers," Welch tweeted.
The Bureau of Labor Statistics says in their report that unemployment has dropped to 7.9 percent, which is the lowest it has been since Obama took office in 2008.
Despite the nature of the coincidence and the credibility gap of the Administration, there is no hard evidence as of yet to suggest the numbers are inaccurate.
© 2012, Distributed by NEWS CONSORTIUM.
- - -
Pope Benedict XVI's Prayer Intentions for January 2013
General Intention: The Faith of Christians. That in this Year of Faith Christians may deepen their knowledge of the mystery of Christ and witness joyfully to the gift of faith in him.
Missionary Intention: Middle Eastern Christians. That the Christian communities of the Middle East, often discriminated against, may receive from the Holy Spirit the strength of fidelity and perseverance.