Video: Donald Trump Claims 7.8 Unemployment Rate Number is "Phony"

| by Michael Allen

Appearing on 'Fox & Friends,' on Monday, Donald Trump claimed that President Obama’s administration created a “phony” 7.8 percent unemployment number, while the real number  could be 21 percent.

Trump echoed GE CEO Jack Welch who claimed the 7.8 unemployment number was fake, when it was released two weeks ago by the Labor Department.  Trump presented no proof that the 7.8 number was fake, reports MediaMatters.org and RawStory.com.

Trump said:“They’re not real numbers because the 7.8, as Jack Welch said and he took a lot of heat for saying it, but he’s right, I guarantee you’re going to have a correction right after the election. The 7.8 is not a real number. The real number is 15 percent, 16 percent, people even say 21 percent.”

“So, it’s a phony number. I don’t know how they allow it to get out there, but I guarantee you, as you’re sitting there after the election, that number is going to be corrected substantially upward. And everybody knows it.”

Commenting on Tuesday night's debate between President Obama and Mitt Romney, Trump said of  Romney: “I don’t think he has to prepare too much. He’s a smart guy. He’s a good leader. He has it. He gets it for this country. He really gets it. And I will say this, if Obama has a performance like he had a couple of weeks ago, I don’t believe it’s possible for him to win the election. Who knows? Did he become more intelligent in the last two weeks? You tell me.”