OPINION

Jack Welch 'concerned' Pawlenty's economic plan 'too aggressive to win the national election'

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Jack Welch, the former CEO of GE who praised Tim Pawlenty’s economic plan last week, dialed back his support a little Monday morning on CNBC, saying that while he still really liked the plan, he was worried it would make it tough for Pawlenty to get elected in a general election.

“I’m concerned that his tax policy is too aggressive to win the national election,” Welch said after Pawlenty spoke on the show. “I love the plan, I love the vision, I love the exceptionalism idea, I love his background, I love what he’s done as a governor. I’m just afraid in the general election – no estate tax, his very low tax rates – it just makes the country say wait a minute, are the fat cats getting it again? We got to appeal to a broad independent voter in the middle.”