Saturday, August 3, 2013

No Wonder Fox News Has Relevancy Problems

This guy is the managing editor of business news.
Neil Cavuto, Fox News' senior vice president and managing editor of business news, doesn't know how inflation works. In a segment about living-wage activists, Cavuto boasted of having once earned $2/hour as a teenager—except that when adjusted for inflation, he was actually making about $9.47/hour, which is $2.22 above the federal minimum wage. (That, and he was a teenager living with his parents, not a 32-year-old woman with two kids; there's also that.)

  Mother Jones
As John Oliver tells us....



(I'm really liking John Oliver replacing Jon Stewart. It's supposed to be temporary. Maybe everyone will have second thoughts when Stewart returns from his film-making.)

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