Jets are ubiquitous in astronomy. It has been conjectured that the existence of jets is intimately connected with the spin of the central object and the viscous angular momentum transport of the inner disk. Bipolar jet-like structures propelled by the viscous torque on a spinning central object are also known in a completely different context, namely the flow in the laboratory of a viscoelastic fluid. On the basis of an analogy of the tangled magnetic field lines of magnetohydrodynamic (MHD) turbulence to the tangled polymers of viscoelastic polymer solutions, we propose a viscoelastic description of the dynamics of highly turbulent conductive fluid. We argue that the same mechanism that forms jets in viscoelastic fluids in the laboratory may be responsible for collimating and powering astrophysical jets by the angular momentum of the central object.