Apparently the unemployment rate going down to the lowest levels since Obama took office is….bad for the economy? According to a Fox News host, Charles Payne, it might be a bad sign for the stock market – which is at an all-time high of 17,000.
So apparently when unemployment is low, and people have money to buy things, this is bad for business. Can someone please tell me how this works out?
I guess I’m just drinking the wrong kool-aid.
h/t Media Matters