Donald Trump endorsed the idea promoted first by former GE CEO Jack Welch on Friday that President Obama used, as Trump put it, “a lot of monkey business” to make the unemployment rate drop from 8.1 percent in August to 7.8 percent in September in order to help his re-election effort, during an appearance on “Fox & Friends” Monday morning. Trump also predicted the number will be readjusted back up only after Obama wins re-election.
“I don’t believe the number and neither do any of the other people that have intelligence,” Trump said. “Because that number came out of nowhere.”
Trump said this jobs report is “the final number before the election” which is why “they wanted this number to be as good as possible.”
There will in fact be one more jobs report the Friday before the election.
“[I] will be readjusted after the election,” Trump said. “And it’s going to be a horrible number… Wait ’til you see how bad the readjustment number is. But by that time, it’s too late if this particular president gets reelected.”
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