Gov. Carcieri reacts to Welch comments

PROVIDENCE, R.I (WPRI) - Rhode Island Governor Donald Carcieri reacts to some harsh words about the Ocean State from Jack Welch.

He is credited with increasing General Electric's market value by more than 400 billion dollars. His management style is studied by executives around the world.

And, his uncanny business instincts earned him the title of Fortune Magazine's "Manager of the Century." Jack Welch, former CEO of General Electric, talked Rhode Island taxes, jobs and the election with Gretchen Carlson on "Fox and Friends" Thursday.

Carlson said, "Let's talk a little taxes. Because first we had Joe The Plumber, now we have Jack The CEO speaking out, I guess, about Obama's plan to spread the wealth. Tell us your true feelings Jack."