Welcome to “This Week In Crazy,” The National Memo’s weekly update on the wildest attacks, conspiracy theories, and other loony behavior from the increasingly unhinged right wing. Starting with number five:
5. Charles Payne
For years, Fox News has slammed President Barack Obama for presiding over a sluggish economic recovery that has featured stubbornly high unemployment. So the network must have been thrilled with Thursday’s expectations-shattering jobs report, right?
Not so much.
As Media Matters for America points out, Fox News buried the happy story on its website, instead of prominently featuring it like its competitors did. Then, when discussing the report on air, the network chose to focus on the “real unemployment rate” of 12.1 percent, before quickly pivoting to a discussion of a recent poll suggesting that Americans wish that Mitt Romney were president.
But nobody on Fox was more bummed about the nation’s robust job creation and declining unemployment rate than Fox Business host Charles Payne, who suggested that the new report is actually “too good.”
Is the jobs number too good for the stock market…equity futures are drifting lower not sure how to react
— Charles V Payne (@cvpayne) July 3, 2014
If anyone knows what sends stock prices tumbling, it’s this guy.
For those of you keeping score at home, the strong jobs report actually helped the Dow Jones Industrial Average hit an all-time high of 17,068. But fear not, Fox: Somewhere out there, Jack Welch is surely tracking down the real numbers.