CNBC’s Rick Santelli criticized Jack Welch for his tweet launching a raft of conspiracy theories about the latest jobs report Friday — but he didn’t distance himself from conservative skepticsm of unemployment below eight percent for the first time since 2009.
“I would never send a tweet like jack welch and i respect jack. He’s a great guy,” Santelli said. “That’s why last month, I said that it would be below 8% right before the election. That’s why I said it. I don’t say things I can’t prove, that was my prediction. I will leave it at that.”
The CNBC commentator said belief that politics are behind the new report is common among the financial set.
“I can’t prove that it was fudged,” Santelli said. “I do find that that’s the common question on the trading floor. It is what it is.”
