Jack Welch On CNBC Tuesday Morning

Former GE CEO Jack Welch made an appearance on CNBC's Tuesday morning program.

Welch's comments on the economy are somewhat suspect now, since he's been gone from the daily grind of running a company or business for almost a decade. His insistence that there was a very sharp "V-shaped" recovery wasn't very convincing at all.

Instead, he sounded much more credible criticizing the recently-passed health care bill.

Calling the CBO's evaluation "a sham," he bluntly said that he, and everyone else, knows this bill's provisions will cost much, much more than promised, and in no way could ever actually save the nation any money at all.

Toward the end of his appearance, he then launched into an area in which I don't think he has any qualifications, and with which he is totally out of touch- politics.

Welch claimed that, with so much government money sloshing around, there would be a recovery by November, and Republicans would make only typical, average gains in the House and Senate mid-term elections. Further, Welch claimed people would simply forget the health care bill bribes and tawdry manner of passage, on such narrow margins in both chambers.

I don't believe Welch is aware of the incredible anger growing in the larger part of the voting citizenry.

However, true to its liberal slant, CNBC immediately prepared clips of Welch's political forecasts for use on subsequent programs that morning, and on other websites. Curiously absent were his criticisms of the bill's fiscal tricks and lies.

Well, some things never seem to change. CNBC thinks Welch is relevant anymore, and continues to stump for the liberal political class, rather than report the truth.