The jobless rate was 10% and skyrocketing when Barack Obama became President? As Gateway Pundit points out here, it was 7.8%, the only month of the Obama Presidency it has been below 8%! And I'm not surprised Matthews brings up the stock market. If you listen to the show you know I believe the "401k" effect is a big reason Mitt Romney's not doing better in the polls.
Ben Bernanke's printing press is solely responsible for an over inflated stock market. But it is an important psychological indicator to voters today because it impacts their quarterly retirement account statements. Matthews not withstanding, I think the Dow Jones Industrial Average will be a more important number than the jobless rate on November 6.