Jack Welch: Obama Has "Fake Budget"

Now and then, Jack Welch says interesting stuff. Bloomberg reports:

“I don’t particularly like where he’s taking us,” Welch said, referring to Obama, during an interview yesterday at the Boston Convention Center. Welch, 73, who led GE from 1981 to 2001, was a guest speaker at the New England Business Xpo.

“To get the money he needs, he has to have a fake budget,” Welch said. “He’s fooling people about how we’re going to have the top line support the programs in the middle without enormous taxes and some programs not going.”

Yah, hey. Ask Jim (Three-Card-Monte) Doyle about that.