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"If we continue...we are done, we are cooked" - Jack Welch, May 11, 2009 (2min.)

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    "If we continue...we are done, we are cooked" - Jack Welch, May 11, 2009 (2min.)

    This video was recorded at the Commonwealth Club of California on May 11, 2009
    "The problem that I have is that the Obama economic policy has a 4% GDP growth as far as the eye can see..." - Welch

    "In the 60s,70s, 80s, 90s we have never grown 4%..." -Welch

    "Can anyone in God's word believe we can grow at 4%?..." -Welch

    "If we grow the [$13T] deficit at 2.5% it becomes a $30T deficit ...that is 3 times the GDP...we are done we are cooked" - Welch

    Note: as always my views differs from the opinions contained in the clip (especially at the beginning).

    Runtime 2min.24sec.

    Tags: None
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